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Suburb profile ·Carnarvon LGA · WA ·6701

Coral Bay WA 6701

Coral Bay is in Carnarvon LGA, WA, postcode 6701, with population 245.

The read

Verify-first

There are enough stretched or weaker signals here that you should assume trade-offs rather than a clean story. Use compare mode to see whether the downside is price, local quality, or weaker momentum before treating it as a target suburb.

$160/wk
Aug 2023 → Sep 2023 · 2 periods
WA rental bonds · suburb grain · Sep 2023
$350
$350
Aug 2023Sep 2023
Why it fits

Higher SEIFA context supports a stronger local-quality read.

What to check

Evidence depth is verify-heavy, so the profile should be treated as provisional. Premium pricing raises the bar for yield, affordability, and downside checks. Gross yield looks low for an income-first use case.

Median house
$1.5M
House median, latest period
1.7%YoY D9 vs AU
Median rent
$160/wk
Market rent signal
D2 vs AU
Gross yield
0.6%
Low yield band
D1 vs AU
Population
5,655
6K via Carnarvon LGA · SAL undercount
Schools
No matched school data
Drive to city
Not in commute dataset
Solar
509
15 added 12mo · 6MW
Price cycleNear its low
LowPeak

40.0% below peak · 1.7% above its low

See trend depth →

Price history

Trend & investor depth

Cycle positionNear its low
Low · 2025Peak · 2023

40.0% below peak · 1.7% above its low

Indicative cashflow-$1,357/wk (-$70,560/yr) · interest-only @ 6.4%, 80% LVR
Value vs advantage+74% vs suburbs of similar SEIFA advantage (decile 7)

Indicative cashflow is interest-only and excludes tax — use the calculator for a full projection. Turnover divides recorded sales by an estimated household count (population over average household size).

Investor profile

Who invests in Coral Bay

Owner-occupied 38%Rented 62%
Investor activityATO
Negatively geared6.5%
192 of 440 landlords
Avg rental loss$5,399/yr
Landlords (rental income)440
Reported capital gains140
The read

Renter-heavy market

36% of homes here are owner-occupied and 58% rented, with 7% of landlords negatively geared.

What to check

58% rented — renter-heavy areas turn over faster and are more exposed to rate moves and investor sentiment. Gross yield 0.6% is thin for a rental-led market.

ABS Census 2021 tenure (G37), ATO postcode rental statistics, and QuickProperty's investor-exposure index. Owner-occupied = owned outright + with a mortgage.

Mortgage affordability

145%
of household income to service a new loan
33.0 yrs
to save a 20% deposit
Severe
housing-stress band
Rent vs buyRenting cheaper

New-loan repayment $7,350/mo vs median rent $693/mo (+960% · +$1536/wk)

If rates move

At 4.2%: $5,868/mo (-1,481) · at 6.2% (current): $7,350/mo · at 8.2%: $8,973/mo (+1,623)

Assumes a 20% deposit and a 30-year principal-and-interest loan at the current RBA new owner-occupier variable rate, against median weekly household income (ABS Census 2021). Stress bands follow the 30% / 45%-of-income thresholds used in ANZ-CoreLogic and AIHW reporting. Rent vs buy compares that repayment with the suburb's median advertised rent; it excludes rates, insurance, maintenance and deposit opportunity cost.

Stronger alternatives nearby

Higher yield

similar price · cross-LGA

Stronger 5-yr growth

similar price · cross-LGA

More affordable

lower price-to-income

Alternatives are similar-priced suburbs (0.7–1.4x this suburb's median) in other council areas that exceed it on the named metric. Indicative — not financial advice.

Affordability

Buying
24.7x
median home price as a multiple of annual household income
Stretched
Renting
14%
median weekly rent as a share of gross household income (the 30% rule)
Manageable

Owners with a mortgage repay a median of $3,390/mo, while renters pay about $693/mo — owning runs $2,697/mo higher on these medians.

Median price
$1.50M
Household income · yr
$61K
Median rent · wk
$160
Owner mortgage · mo
$3,390
Gross yield
0.6%

Household income

$61K household · yr-29.1% vs WA suburb median
Personal
$45K
Family
$122K
Household
$61K
Household income distribution (ABS Census 2021 · weekly)0% could service the median house
Under $300
0
$300-649
12
$650-999
12
$1,000-1,499
10
$1,500-1,999
6
$2,000-2,999
6
$3,000-3,999
0
$4,000+
0

Serviceability line: a household needs about $5,654/wk to hold a new loan on the median house at 30% of income (20% deposit, 30-year P&I, current RBA rate).

At the median asking rent, about 19% of households here would spend more than 30% of income on rent (rent stress line: $533/wk income).

Housing stock and tenure

Tenure (64 households)
Owned outright
28%
Owned with mortgage
8%
Rented
58%
Dwelling structure8.7% of dwellings unoccupied on census night
Separate house
14%
Townhouse / semi
5%
Flat / apartment
9%

Getting to work: 31% drive, 0% public transport, 56% walk or cycle, 5% worked from home (2021 Census, taken during COVID-era work-from-home arrangements).

Building due diligence

Construction requirements can change by location.

The National Construction Code is the baseline. Local hazards and site classifications can change the required structure, materials, fixings, insulation and detailing.

Known here

SUBURB CONTEXT

No local compliance layer is staged.

This is missing evidence, not evidence that the property has no constraints.

Check the property

ADDRESS + DESIGN

NCC climate zone

Check the property

Confirm the NCC climate zone used for the building design and energy provisions.

May affect: Insulation and glazing · Condensation control · Roof-space ventilation

Wind class and BAL

Site assessment required

A suburb layer cannot determine the site wind classification or Bushfire Attack Level.

May affect: Structure and tie-downs · Cladding and fixings · Openings and bushfire detailing

Corrosion and termite exposure

Check the property

Confirm marine or corrosive exposure and the applicable termite-management requirements.

May affect: Fasteners and connectors · Roofing and coatings · Termite management

This screen identifies investigation triggers, not building quality or property compliance. Confirm the address, design and current jurisdiction rules with the council, building surveyor or certifier, designer and engineer.

NCC 2022 Housing Provisions: how to use · NCC 2022 Volume Two and Housing Provisions

Population outlook

4,953 people · 20225,705 by 2032 (+15.2%)

ABS population projection (2022 base) for the Exmouth SA2 statistical area — the finest official projection grain available; suburb-level projections do not exist.

Full data detail Census · ATO · ABS · state datasets
Coral Bay WA — Property Data and Demographics

Coral Bay is a small, quiet locality in Western Australia within the Carnarvon local government area (postcode 6701). It is home to about 245 residents, with a mix of young professionals and families and a median age of 33. Households earn a median income of $61K per year, with an average household size of 2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% year-on-year at the LGA level. WA employment has moved +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are community & personal service, labourers, managers. Employment in the area leans toward accommodation & food and transport & logistics. The top ancestries reported are English, Australian, Irish.

Coral Bay has a median house price of $1.5 million, which has edged higher by 1.7% year-on-year. The median weekly rent is $160 (Census 2021). This gives a gross rental yield of approximately 0.6%. The median monthly mortgage repayment is $3,390.

On the investment side, Coral Bay shows a gross rental yield of approximately 0.6%, rated as low yield. Property prices are above the state median ($1.5M/$1.0M), placing it in the premium segment. The price-to-income ratio of 24.7x is considered stretched. House prices have moved +1.7% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.

Market & money
Investment signalsHeuristics
Rental Yield0.6% Low Yield
Price vs State$1.5M/$1.0M Above Median
Affordability24.7x Stretched
Price Momentum+1.7%· Stable
Pop. Growth+0.6%· Stable
Development+0%· Steady
InvestmentWA
Mortgage · mth$3,390
Rent · wk(Census)$160
Gross yield0.6%
Price / income24.7x
Population growth · Carnarvon LGAABS ERP
Population (2025)5,655
5-year growth+0.6% CAGR
YoY change+0.6%
20012025
Development · Carnarvon LGAABS Approvals
Approvals (2026)2
Houses2
YoY change+0%
Employment · Carnarvon LGASALM
Unemployment (Dec-25)7%
YoY change+1.4pp
Dec-10Dec-25
Property investors · Postcode 6701ATO
Negatively geared6.5%
192 of filers
Avg rental loss$5,399/yr
Landlords (rental income)440
Reported capital gains140
People & prosperity
DemographicsCensus 21
Population245
Median age33
Household size2
HH income · wk$1,166
Personal income · wk$871
Persons / bedroom1.4
SEIFA indexABS
Advantage (IRSAD)7/10
Education (IEO)3/10
Economic (IER)1/10
Disadvantage (IRSD)5/10
Income momentumCensus 16→21
HH income · wk$1,187 → $1,166
Change-1.8%
vs WA median-15.5 pp
Median rent+6.7%
softeningvs WA 2016–21
Area & amenity
Local amenitiesOSM
Supermarkets1
Pharmacies0
GP / clinics0
Fuel stations1
Cafes & dining3
Hospitals · Carnarvon LGAAIHW
Public1
Private0
Carnarvon Hospitalpublic
Aged care · Carnarvon LGAGEN
Facilities1
Residential places38
Carnarvon Multi-Purpose Service38 places
Childcare · Carnarvon LGAACECQA
Services1
Approved places58
Exceeding NQS0
One Tree Granny Glasgow Childrens Service58 places
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Current status
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Sources & freshness
Verify-heavy evidence

Much of Coral Bay rests on evidence that should be verified before a decision.

QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.

PRICE POSTURE
Prices come from release-based suburb series.

REIWA public suburb pages (annual median series) scraped monthly; unmatched suburbs fall back to annual ABS SA2 series

RENT POSTURE
Rent is falling back to Census, not a market feed.

This gives you directional coverage, but it is weaker than a current rent release.

SERVICE POSTURE
Service coverage is matched locally, not inferred nationally.

Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.

Data status
Property prices
REIWA · 2026 · REIWA public suburb pages (annual median series) scraped monthly; unmatched suburbs fall back to annual ABS SA2 series
medium stability · automated · every update · monthly
Available
Market rent
ABS Census 2021 · Using Census rent fallback
stable source · manual file · snapshot · census-cycle
Verify
Crime
State crime dataset · No linked local crime series
Missing
Schools
ACARA 2025 · No local school matches exposed
stable source · automated · every update · annual
Missing
Hospitals
AIHW · No linked local hospital coverage
medium stability · manual file · snapshot · mixed
Missing
Transport
GTFS feeds · No matched local transport stops
medium stability · manual file · snapshot · mixed
Missing
Population growth
ABS ERP · 2025 · Annual estimate series
stable source · automated · every update · annual
Available
Building approvals
ABS Building Approvals · 2026 · Annual release series
stable source · automated · every update · monthly
Available
Available means a direct local dataset is linked. Verify means coverage exists but freshness or precision is weaker, such as ABS price fallback, Census rent fallback, or low-confidence hospital matching.

Coral Bay FAQ

Common questions
  1. What LGA is Coral Bay in?

    Coral Bay is in the Carnarvon Local Government Area, WA, postcode 6701. Council-level context for Carnarvon LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.

  2. What is the median house price in Coral Bay?

    The current median house price in Coral Bay, WA is $1.5M, based on the latest available sales data from state Valuers General offices and ABS Data by Region.

  3. What is the typical weekly rent in Coral Bay?

    The median weekly rent in Coral Bay is $160/wk, based on ABS Census 2021 rent fallback.

  4. Is Coral Bay a good investment?

    QuickProperty's investment signals for Coral Bay show: Low Yield, Above Median, Stretched. These are computed from price, rent, income, and population data — not an opaque score.

  5. Where does QuickProperty get its data for Coral Bay?

    Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.

  6. How often is the Coral Bay data updated?

    Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.