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Coolangatta Profile
The size of Coolangatta is approximately 2 kmē. It has 4 parks covering nearly 10% of the total area.
The population of Coolangatta in 1996 was 6,132 people. By 2001 the population was 6,763 showing a population growth of 10% in the area during that time.
The predominant age group in Coolangatta is 70 - 79 years.
Households in Coolangatta are primarily couples without children and are likely to be repaying between $600.00 - $800.00 per month on mortgage repayments.
In general, people in Coolangatta work in a professional occupation.
In 1996, 33% of the homes in Coolangatta were owner-occupied compared with 37% in 2001.
Currently the median sale price of houses in the area is $1,090,000.
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Number of Unit Sales Per Annum
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1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006
(ytd) |
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189 |
294 |
335 |
290 |
359 |
371 |
544 |
413 |
195 |
275 |
94 |
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Percentage Change in Apartment Median Prices
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Coolangatta |
Gold Coast Area |
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Period |
% Change |
% Change |
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2006 |
13.8% |
3.4% |
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2005 |
-3.5% |
7.9% |
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2004 |
28.6% |
18.4% |
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2003 |
12.0% |
22.5% |
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2002 |
29.9% |
16.6% |
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Recent Median Apartment Sale Prices
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Coolangatta |
Gold Coast Area |
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Period |
Median Price |
Median Price |
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February 2006 |
$ 352,000 |
$ 310,000 |
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January 2006 |
$ 371,250 |
$ 305,000 |
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December 2005 |
$ 405,000 |
$ 320,000 |
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November 2005 |
$ 507,500 |
$ 380,000 |
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October 2005 |
$ 376,000 |
$ 310,000 |
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September 2005 |
$ 345,000 |
$ 305,000 |
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August 2005 |
$ 331,000 |
$ 300,000 |
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July 2005 |
$ 280,000 |
$ 310,000 |
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June 2005 |
$ 312,500 |
$ 320,000 |
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May 2005 |
$ 395,000 |
$ 315,000 |
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April 2005 |
$ 306,000 |
$ 300,000 |
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March 2005 |
$ 280,000 |
$ 285,500 |
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Rental Market (Quarterly) |
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1 Bedroom Flat |
2 Bedroom Flat |
3 Bedroom Flat |
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Median Rent |
Bonds Lodged |
Median Rent |
Bonds Lodged |
Median Rent |
Bonds Lodged |
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$ 175 |
34 |
$ 210 |
118 |
$ 255 |
18 |
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