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Cooee

POSTAL CODE: TAS, 7320
HOUSE

COOEE, 7320 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $489,500.

Profits due to an upward trend in home prices in the suburb averaged 0% per annum over a 3-year period.

COOEE now ranks at the 145th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in COOEE are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of N/A based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In COOEE, homes and units usually stay on listing for an average of N/A.

In 2016, 16 properties were sold in COOEE during the past year, making it the 131st most active market in TAS based on total real estate transactions.

Surburb overview

Cooee, with the postcode 7320, is a suburb located approximately 3 kilometres west of Burnie's central business district in Tasmania. Known for its coastal charm and residential appeal, Cooee offers a balanced lifestyle with easy access to urban amenities and natural attractions. The population of Cooee is around 1,300 residents, primarily comprising families, professionals, and retirees, contributing to a diverse and vibrant community.

Cooee falls under the jurisdiction of the City of Burnie, which ensures well-maintained infrastructure and community services. Public transportation is readily available, with Metro Tasmania buses providing regular services to Burnie's CBD and surrounding areas, making commuting convenient for residents. The suburb is also easily accessible by car, with the Bass Highway running nearby.

Educational facilities in Cooee include the nearby Burnie Primary School and Parklands High School, catering to the educational needs of families with children. For higher education, residents have access to the TasTAFE Burnie Campus and the Cradle Coast Campus of the University of Tasmania, both located in Burnie.

For shopping and essential services, Cooee residents often visit the Burnie CBD, which offers a variety of retail stores, supermarkets, dining options, and entertainment facilities. The suburb itself has local shops and services that provide everyday conveniences. Additionally, the Upper Burnie Shopping Centre offers further shopping options within a short distance.

Cooee offers several recreational activities, with numerous parks and beaches enhancing the suburb's appeal. Cooee Beach is a popular destination, featuring a sandy shoreline ideal for swimming, picnicking, and coastal walks. The nearby Burnie Park provides additional green spaces, playgrounds, and picnic areas, making it a great spot for family outings and outdoor activities.

The suburb’s coastal location allows for various water-based activities such as fishing, kayaking, and boating. Residents also enjoy easy access to the scenic coastal trails and walking paths that provide stunning views of the Bass Strait. The Burnie Waterfront is another local attraction, featuring cafes, restaurants, and scenic views of the coastline.

Cooee’s proximity to Burnie allows residents to enjoy the cultural and recreational attractions of the city, including the Burnie Regional Art Gallery, the Burnie Arts and Function Centre, and the Makers’ Workshop. These venues offer a range of cultural experiences, from art exhibitions to live performances and community events.

Overall, Cooee combines the tranquillity of coastal living with the convenience of nearby urban amenities, making it an attractive suburb for a diverse range of residents. The suburb’s natural beauty, recreational opportunities, and community atmosphere enhance its appeal as a desirable place to live in Tasmania.

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