Coolangatta
6,800
Population
$1,150,000
Average House price
$750,000
Average Unit price
56%
Growth-Unit prices
Location and Demographics
Coolangatta, located at the southern end of the Gold Coast, Queensland, is renowned for its beautiful beaches, relaxed atmosphere, and close-knit community. It is situated approximately 25 km south of Surfers Paradise and lies adjacent to the Queensland-New South Wales border, making it a unique and attractive destination for residents and visitors alike.
Community and Lifestyle
Coolangatta is celebrated for its laid-back beach lifestyle, with a vibrant local scene that includes numerous cafes, restaurants, and boutique shops, particularly along Griffith Street. The area is also known for its excellent surf breaks, such as Snapper Rocks and Kirra Beach, which draw surfers from around the world. The suburb is considered safe and family-friendly, offering good access to schools, parks, and other essential amenities.
Population Growth
The population has seen steady growth over the years, from around 6,200 in 2016 to an estimated 6,800 by 2024. The suburb attracts a diverse mix of professionals, retirees, and tourists, contributing to its dynamic and welcoming community.
Property Market Trends
The property market in Coolangatta has shown significant growth over the past five years:
Sales Prices
House Prices
2019: $850,000
2024: $1,150,000
34% Growth increase
Unit Prices
2019: $470,000
2024: $750,000
56% Growth increase
Rental Market
Houses
Median Rent
2019: $600
2024: $850
37% Growth increase
Units
2019: $430
2024: $650
44% Growth increase
Rental Yield
The rental yield in Coolangatta remains attractive:
Houses
3.69%
Approximately in 2024.
Units
4.33%
Approximately in 2024
Coolangatta is a great place to live and invest
Overall, Coolangatta has seen substantial growth and continues to be a highly desirable location due to its excellent amenities, beautiful natural surroundings, and strong community spirit. The property market remains robust, making it an ideal location for both living and investment.
