Fraud Blocker

Cooya Beach, QLD 4873

Home » QLD Real Estate Data » Douglas Shire, QLD » Cooya Beach, QLD 4873

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Cooya Beach, QLD 4873 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Cooya Beach, QLD 4873”

  1. The total adult population (15 years or older) of Cooya Beach 4873 QLD is 435, with a median age of 48. Of those, 33.79% are married, 18.16% are divorced or separated, 43.22% are single and 5.29% are widowed.

    The average household size is 2.2 people per dwelling, and the median household monthly income is estimated to be $5,844. The median monthly mortgage repayment for households in this suburb is $1,325 which is 22.67% of their earnings.

    Source: ABS Census Data (2021)

  2. Hailing from Queensland, the appealing suburb of Cooya Beach 4873 is known for its close-knit community of approximately 297 households. The third quarter of 2023 witnessed the median house price standing at a robust $580,554. These residences fetch a median weekly rent of $542; producing a rather attractive indicative yield of 4.85%.

    The IRSAD score, a determinant of socioeconomic status, for the suburb is a favourable 914 out of a possible 1217. This comparatively high score denotes access to a good level of economic resources, respectable income levels, and an assemblage of skilled professions insinuating a healthy local economy.

    A balanced renter to owner ratio of 31% is observed in Cooya Beach, a metric that’s slightly above the preferred threshold yet still sustainable for returns in the long-term. The ratio serves as a measure of rental property saturation, the existing value rests in an acceptable range, reducing risks associated with oversaturation and high competition amongst property investors.

    Discounting the risk of price drops stemming from oversupply and regulatory modifications, the suburb enjoys a favourable units to houses ratio of 8%. Lower ratios often mean less competition among landlords for tenants which in turn helps in upkeeping high rental yields. Further, areas with a higher prevalence of houses often attract families instigating longer tenancy periods.

    Currently, the affordability index or the years to own is predicted to be about 39 years, which is moderately above the norm, indicating a slight decrease in overall affordability in the area.

    The stock on market Percentage chimes in at 1.62%, which slightly leans towards the high supply side, indicating a more competitive market environment for sellers. inventory level is at a reasonable 3.2 months, presenting an opportunity for corrective actions if a trend inclined to the high supply side gets established.

    In terms of further increasing the supply of dwellings, the building approvals Ratio currently stands at 0.0%, implying a slower growth in new residential development projects.

    Properties typically stay on the market for approximately 46 days before finding their new owners. Additionally, the combined houses and units vacancy rate stands at a neutral 2.17%, indicating a balanced demand and supply aspect in the rental market.

    Lastly, the suburb’s buy search index for houses is 5, suggesting that the interest level in buying properties in the area hovers around the state average. It remains crucial to monitor the dynamics of these metrics to make informed investment decisions, complemented by the Relative Composite Score developed by HtAG analytics to automate this data evaluation process.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment