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Coles Bay suburb profile

Coles Bay is a picturesque coastal town located on the east coast of Tasmania, renowned for its stunning natural beauty and proximity to Freycinet National Park. This charming destination is a gateway to the iconic Wineglass Bay, offering breathtaking views, pristine beaches, and a variety of outdoor activities such as hiking, kayaking, and wildlife spotting. Coles Bay is a popular spot for tourists and nature enthusiasts, providing a tranquil escape with its serene landscapes and clear waters. The town's welcoming community and local amenities make it an ideal base for exploring the surrounding natural wonders.

Coles Bay property market performance

Coles Bay's property market has remained stagnant over the past 12 months, with no change in median house or unit values. The median house price and unit price both stand at $0, reflecting a lack of sales activity in the area. Over the past three months, no houses or units have been sold, indicating a very quiet market.

The median days on market for houses is notably high at 266 days, while there is no data available for units, suggesting a lack of demand or interest in the property market. Additionally, the rental market has seen no movement, with average rents for both houses and units remaining at $0 over the last 12 months.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-8.0%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

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Coles Bay demographics

Coles Bay, nestled on the east coast of Tasmania, is a picturesque suburb renowned for its stunning natural beauty and proximity to the Freycinet National Park. With a small population of just 515, it offers a tranquil lifestyle that appeals to those seeking a peaceful retreat surrounded by nature. The median age of 38 suggests a balanced mix of families and individuals who appreciate the area's serene environment and outdoor activities.

The community in Coles Bay is predominantly made up of couple families, with 71.4% of families being couples without children, reflecting a preference for a quieter, more relaxed lifestyle. The presence of couple families with children, although smaller at 25.5%, indicates that the suburb also caters to families who enjoy the natural surroundings and community feel. The low percentage of one-parent families and absence of other family types highlight the suburb's unique demographic composition.

Property ownership in Coles Bay is characterized by a significant proportion of homes owned outright, at 43.6%, suggesting a stable and established community. Meanwhile, 20.8% of properties are owned with a mortgage, and 35.6% are rented, offering a range of housing options for both long-term residents and those seeking temporary accommodation. The suburb's appeal lies in its breathtaking landscapes, outdoor recreational opportunities, and the sense of community that comes with living in such a close-knit area.

Suburbs near Coles Bay

Some popular suburbs near Coles Bay include:

  • Dolphin Sands: Known for its stunning beaches and tranquil environment, Dolphin Sands is located to the southwest of Coles Bay.
  • Bicheno: Famous for its coastal scenery and wildlife experiences, Bicheno is situated to the north of Coles Bay.
  • Little Swanport: Offering a peaceful rural setting with scenic views, Little Swanport lies to the southwest of Coles Bay.
  • Triabunna: Known for its fishing and maritime history, Triabunna is located to the south of Coles Bay.
  • Orford: Featuring beautiful beaches and a relaxed lifestyle, Orford is situated to the south of Coles Bay.

How does Coles Bay compare to nearby suburbs?

  • House price growth: Over the past 12 months, house prices in Coles Bay have grown 10.5% higher than in Triabunna.
  • Selling speed for houses: Properties in nearby Bicheno are selling 43.9% faster than in Coles Bay.

Choose the right real estate agents in Coles Bay

There are 12 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 73.1% 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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