Question 1

Is Cooee Bay a nice place to live?

Accepted Answer

Cooee Bay sits on a rocky headland on the Capricorn Coast just north of Yeppoon, with a shoreline that alternates between pocket beaches and rocky outcrops and many homes positioned for sea breezes and water views. The built character mixes older beach cottages and modest fibro houses with more recent renovations and contemporary single-storey homes, giving the streets a laid-back seaside feel. Residents enjoy coastal walks and fishing off the foreshore and rely on Yeppoon and the nearby Rosslyn Bay marina for shops, cafes and services.

Home to 942 people with a median age of 46, Cooee Bay is weighted towards couple families without children (43.7%) but also includes couple families with children and a notable share of one-parent households. Owner-occupation makes up 58.1% of homes while 42.0% are rented, so there is a mix of long-term owners and a substantial rental presence. Recent council-led work has refreshed local infrastructure, including a redeveloped aquatic centre with a 50-metre pool, improved accessibility and expanded amenities, and a masterplan is under way for a walking trail, park upgrades and sports-precinct improvements. Whether Cooee Bay suits you will come down to whether a quiet seaside village with nearby town services matches what you want.

Question 2

Is it expensive to live in Cooee Bay?

Accepted Answer

In Cooee Bay, a house renting for $600 a week would be about 49.6% of a typical local household's weekly income as recorded at the most recent Census, and a unit at $535 a week would be about 44.2% of that income. On these figures, renting in Cooee Bay would take a large share of what a typical local household earned at the last Census, so if you're renting those rent shares are the most relevant numbers for your cost of living here.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Cooee Bay a good place to invest?

Accepted Answer

The standout movement in Cooee Bay over the past year is the jump in unit values: they rose 75.6%, a very large increase. House values also grew, up 14.4% over the 12 months, a strong rise in its own right.

On the income side, house rents increased 9.1% and unit rents rose 7.0% over the year, so houses have recorded the stronger rental growth this period. If rental income is your priority, the rent figures are the ones to watch; if capital growth is your focus, the value movements are more relevant. Whether that mix fits your plans depends on your objectives and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	14.4%	75.6%
Sold Past 3 months	4	4
Median days on market Past 12 months	15	N/A
Average rent Past 12 months	$600	$535
Change in rent Past 12 months	9.1%	7.0%

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