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Coles Bay suburb profile

Coles Bay is a small coastal village on Tasmania's east coast, sitting on the edge of the Freycinet Peninsula and acting as the gateway to Freycinet National Park and the famous Wineglass Bay. The town is framed by the pink granite peaks of The Hazards and a string of sheltered beaches and bays, so life here centres on outdoor pursuits such as bushwalking, sea-kayaking, fishing and scenic cruising. The built form is low rise and relaxed, with a mix of older cottages, holiday homes and small-scale visitor accommodation, supported by a compact strip of cafes, galleries and basic services for locals and visitors alike.

Coles Bay property market performance

Like many smaller suburbs, Coles Bay sees relatively few property sales, so there isn't enough recent data to publish a reliable median price for houses or units. House values have fallen slightly, down 1.9% over the last 12 months, and houses sold in a median of 253 days during the same period.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-1.9%N/A
Sold
Past 3 months
N/AN/A
Median days on market
Past 12 months
253N/A
Average rent
Past 12 months
N/AN/A
Change in rent
Past 12 months
N/AN/A

5 year median price trend for houses and units

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Coles Bay demographics

Coles Bay is a small community of 515 people with a median age of 38. The median total household income is $1,354 a week, roughly $70,400 a year.

Family types are dominated by couples without children, which make up 71.4% of families (70 households). Couple families with children account for 25.5% (25 households), and one-parent families 3.1% (3 households).

Homes in Coles Bay are mostly owner-occupied: combining those owned outright (43.6%) and those with a mortgage (20.8%) gives 64.4% owner-occupied, while renters make up 35.6% of dwellings.

Suburbs near Coles Bay

Some popular suburbs near Coles Bay include:

  • Dolphin Sands: a narrow coastal sandspit along Great Oyster Bay and tranquil lagoon waters.
  • Bicheno: a seaside town with rocky headlands, a well-known blowhole and coast walks.
  • Little Swanport: a quiet rural locality focused on the Little Swanport River estuary.
  • Triabunna: a small service town and ferry departure point for Maria Island visitors.
  • Orford: a relaxed coastal village beside the Prosser River and sandy beaches.

How does Coles Bay compare to nearby suburbs?

  • House price growth: Over the past 12 months, house prices in Coles Bay have grown 7.0% higher than in Bicheno.
  • Selling speed for houses: Properties in nearby Bicheno are selling 62.5% faster than in Coles Bay.

Choose the right real estate agents in Coles Bay

There are 10 real estate agents in Coles Bay, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 77.3% of all sales in the past year.

Commission rates in Coles Bay typically range from 2.25% to 3.13%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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