Get a property report and suburb profile for any property in Coolongolook

Join the 2 million Australians* who use our services every year.

Geo Page

Coolongolook suburb profile

Coolongolook is a tranquil rural village located in the Mid North Coast region of New South Wales, offering a peaceful lifestyle amidst natural beauty. Nestled between the Myall Lakes and Wallingat National Park, it provides a serene escape for nature lovers and outdoor enthusiasts. The village is known for its friendly community and relaxed atmosphere, making it an ideal spot for those seeking a slower pace of life. With its proximity to the Pacific Highway, Coolongolook offers convenient access to nearby towns and coastal attractions, blending rural charm with accessibility.

Coolongolook property market performance

Coolongolook’s property market data indicates a stagnant period over the past 12 months, with no recorded changes in median house or unit prices. There have been no property sales or rentals, reflecting a lack of activity in both the buying and renting sectors. The absence of market movement suggests limited demand or available listings in the area during this period.

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

Access homes before they're listed for sale

Build a buying brief and get first access to properties that aren't yet on the market.

OpenAdvantage

Coolongolook demographics

Coolongolook, a quaint rural suburb in New South Wales, offers a serene lifestyle away from the hustle and bustle of city life. With a small population of just 382, it is a close-knit community where residents enjoy the tranquility of the countryside. The median age of 55 indicates a mature population, with many residents likely enjoying retirement or a slower pace of life. This is reflected in the high percentage of properties owned outright, at 51.5%, suggesting a stable and settled community.

The suburb's family composition is predominantly made up of couple families without children, accounting for 56.2% of the population. This could be indicative of empty nesters or couples who have chosen to live in a peaceful environment. However, there is still a presence of couple families with children, making up 30.5%, which adds a dynamic mix to the community. One-parent families are less common, comprising 13.3% of the population.

Housing in Coolongolook is largely owner-occupied, with 31.6% of properties owned with a mortgage and only 16.9% rented. This suggests a community that values home ownership and long-term residence. The median total household income is $952 per week, reflecting the rural setting and possibly a reliance on local employment opportunities or retirement incomes. Overall, Coolongolook offers a peaceful and stable environment, ideal for those seeking a rural lifestyle with a strong sense of community.

Coolongolook infrastructure, key developments and investment opportunities

Coolongolook does not currently show any major local redevelopment or infrastructure projects that are likely to materially change the property market in the near term. The suburb remains a small village with a low-density character, and that tends to support demand from buyers seeking space, privacy, and a quieter lifestyle rather than high-growth urban activity.[1]

Its location on the Pacific Highway is the main transport advantage, supporting access to the wider Mid North Coast and employment centres beyond the suburb.[1] At this time, the market appears to be influenced more by lifestyle appeal and limited housing supply than by large-scale new projects.[2][3]

Coolongolook rental market trends

The rental market in Coolongolook, NSW 2423 has remained stable over the past year, with both house and unit rents experiencing no change, and median rents standing at $0 per week. This may indicate limited rental activity or data availability in the area.

Suburbs near Coolongolook

Some popular suburbs near Coolongolook include:

Common questions about Coolongolook

  • Is Coolongolook a nice place to live?

    Coolongolook is a delightful rural suburb that offers a charming and peaceful lifestyle, perfect for those who appreciate the tranquility of nature. Nestled between the Myall Lakes and Wallingat National Park, it provides a picturesque setting that is ideal for outdoor enthusiasts and nature lovers. The suburb is known for its friendly and welcoming community, where residents enjoy a relaxed atmosphere and a slower pace of life. Its proximity to the Pacific Highway ensures that while you can enjoy the serenity of rural living, you're never too far from the conveniences of nearby towns and coastal attractions.

    For families, Coolongolook offers a safe and nurturing environment, with a strong sense of community that makes it an appealing place to raise children. The suburb's rural charm is complemented by its accessibility, making it a great choice for those who want the best of both worlds. While the area may not boast the bustling nightlife or extensive amenities of a larger city, it more than makes up for it with its natural beauty and the opportunity for a peaceful lifestyle. The trade-off of living in Coolongolook is the limited local amenities, but the community's warmth and the surrounding natural attractions provide ample opportunities for leisure and relaxation.

    Safety is generally not a concern in this close-knit community, and the low-density character of the suburb supports a lifestyle that values space and privacy. While Coolongolook may not be the place for those seeking urban excitement, it is a wonderful choice for families and individuals looking for a stable, serene environment with a strong community spirit. The lack of major redevelopment projects ensures that the suburb retains its rural charm, making it a unique and appealing place to call home.

    Down Pointer
  • Is it expensive to live in Coolongolook?

    Living in Coolongolook doesn't appear to be expensive, especially when compared to larger towns and cities in New South Wales. The median total household income in Coolongolook is around $952 per week, which aligns with the average wage in the area. This suggests that the cost of living is generally in line with what residents earn, making it more manageable for those living there.

    Interestingly, there is no current data on property prices or rental costs in Coolongolook, which could indicate a smaller or less active property market. This might appeal to those who prefer a quieter lifestyle or are looking for a place where housing costs are not a major concern. Overall, Coolongolook seems to offer a more affordable living option, particularly for those who are content with the income levels typical of the area.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
    Down Pointer
  • Is Coolongolook a good place to invest?

    Coolongolook might not be the first suburb that comes to mind when thinking about rapid property growth, but it offers a unique opportunity for those looking for stability and potential future growth. Over the past year, the median house and unit values, as well as rental prices, have remained steady. This stability can be appealing for investors who prefer a low-risk environment where property values aren't subject to dramatic fluctuations.

    While Coolongolook hasn't experienced significant changes in property values or rental prices recently, its charm lies in its potential for future development and growth. As a quieter, more rural area, it offers a peaceful lifestyle that could become increasingly attractive as urban areas become more crowded. This could lead to a gradual increase in demand over time, especially as infrastructure and amenities improve.

    For investors with a long-term perspective, Coolongolook presents an opportunity to secure property in a serene setting with the potential for future appreciation. Its current stability provides a solid foundation, and as the area develops, it could become a more sought-after location. While it may not offer immediate returns, Coolongolook's potential for growth makes it an interesting option for those willing to invest in the future.

    Down Pointer

Not quite ready to sell?

icon

Property report

Suburb and property report

Completed by independent professional experts not a computer.
icon

OpenEstimates

Digital estimate for your property

Compare your property to three recent sales to get a digital estimate.
icon

Navigate the market like a pro

Navigate the market

Get an understanding of the market signals you should keep an eye on.