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

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

Geo Page

Coledale suburb profile

Coledale is a picturesque coastal suburb located in the northern Illawarra region of New South Wales, approximately 18km north of Wollongong. Known for its stunning beaches and relaxed atmosphere, Coledale offers a serene escape with its pristine coastline and lush escarpment backdrop. The suburb is popular among surfers, families, and nature enthusiasts, providing a peaceful lifestyle with a strong sense of community. Coledale's charming village vibe is complemented by local cafes, a primary school, and the iconic Coledale RSL. Its proximity to the Royal National Park and easy access to Sydney make it an attractive destination for both residents and visitors.

Coledale property market performance

Coledale's property market has been stable over the past 12 months, with house values remaining unchanged at a median price of $2.35 million. No units have been recorded, reflective of the market focus on houses. Over the last three months, 12 houses were sold with a median time on the market of 64 days, indicating a consistent demand for houses.

The rental market in Coledale shows strong growth, with average rent for houses increasing by 29.7% over the past year to $1,200 per week, signaling a high demand for rental properties despite no change in unit rental values.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-12.9%N/A
Sold
Past 3 months
9N/A
Median days on market
Past 12 months
64N/A
Average rent
Past 12 months
$1250N/A
Change in rent
Past 12 months
35.9%N/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

Coledale demographics

Coledale, a charming coastal suburb located in the northern Illawarra region of New South Wales, offers a serene lifestyle with its stunning beaches and lush escarpment backdrop. With a population of 1,372, Coledale is a tight-knit community that appeals to families and those seeking a peaceful retreat from the hustle and bustle of city life. The median age of 42 suggests a mature community, with many residents enjoying the balance of coastal living and proximity to Wollongong and Sydney for work and leisure.

The suburb's family-oriented nature is evident, with over half of the households being couple families with children, and a significant portion being couple families without children. This demographic composition highlights Coledale's appeal to both growing families and those whose children have moved out, seeking a quieter lifestyle. The absence of other family types further underscores its traditional family-centric environment.

Property ownership in Coledale is predominantly stable, with a high percentage of homes owned outright or with a mortgage, reflecting a community of long-term residents and established homeowners. Only a small fraction of the population rents, indicating a preference for homeownership and a stable housing market. The suburb's high median household income supports this trend, suggesting a relatively affluent community that values the tranquility and natural beauty Coledale offers.

Suburbs near Coledale

Some popular suburbs near Coledale include:

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.