Coles Bay, TAS 7215
Coles Bay property market
Coles Bay sees very little activity — the figures here cover a small handful of recent deals, with 14 sales at around $821k as of July 2026, taking about 253 days to sell.
House rentals are the only other notable market, with 5 leases at $425 a week, renting out in about 69 days. Then come 1 unit rentals at $520 a week and 1 unit sales at around —.
Who lives hereA below-average-income, renter-heavy, older-leaning suburb — strongly multicultural, newcomer-heavy and very walkable.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Coles Bay demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Coles Bay?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Coles Bay
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Coles Bay
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 2.7× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Coles Bay
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Coles Bay
No school inside Coles Bay itself — the closest options around it are shown. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- No schools within 5 km — widen the radius.
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Coles Bay median house price & rent
Headline price, rent, yield and time on market for Coles Bay — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Coles Bay property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Coles Bay
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Coles Bay against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Coles Bay in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
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Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
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Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Coles Bay — Units & Houses, all bedrooms
Coles Bay median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Coles Bay rose from $373k (Jul 2021) to $419k (Jun 2026) — +12.4% growth over five years — peaking at $1.05M between May 2022 and Apr 2023. Median house rent went from $283/wk to $328/wk (+15.9%) over the same period. For units, the median sale price fell from $459k to $321k (−30.1%) over the same period.
Suburbs near Coles Bay: prices compared
The nearest suburbs to Coles Bay, ranked by distance — each lined up against Coles Bay on the same measures, so the differences jump out at a glance.
Frequently asked · Coles Bay
22 data-driven answers about Coles Bay's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Coles Bay?
#The median house price in Coles Bay, TAS 7215 is $642k as of June 2026, based on a very small number of recent sales. Houses there have moved +0.5% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
How much does it cost to rent in Coles Bay?
#The median weekly house rent in Coles Bay is $276 as of June 2026, drawn from a very small number of recent leases. Units rent for around $276 per week. House rents have moved +0.5% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Coles Bay?
#A 3 bedroom house in Coles Bay rents for a median $276 per week as of June 2026, drawn from a very small number of recent leases. Unit rents: 2-bedroom $276/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Coles Bay?
#Gross rental yield in Coles Bay is 2.50% for houses as of June 2026, compared with the TAS unit median of 3.40%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Coles Bay?
#As of June 2026, Coles Bay medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $642k | $642k | $642k | $642k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Coles Bay's property market trends?
#Coles Bay's property market trends to June 2026: house prices rose +0.5% year-on-year; weekly house rents moved +0.5%; homes now sell in a median 156 days — slower than a year ago by 102; sales supply sits at 1.1 months (severe). Read together — price, rent, selling speed and supply — they show which way the Coles Bay market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Coles Bay as an investment?
#As of June 2026 in Coles Bay, house prices rose +0.5% over the year, gross rental yield is 2.50% against a TAS median of 4.02%, houses take a median 156 days to sell, sales supply is 1.1 months (severe). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Coles Bay?
#Houses in Coles Bay sell in a median 156 days on market as of June 2026. Days on market have lengthened by 102 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Coles Bay a tight or loose property market right now?
#Coles Bay's sales market sits at 1.1 months of supply for houses as of June 2026 — classified as Severe (extreme shortage) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is looser at 1.4 months of supply.
Have property prices in Coles Bay gone up or down?
#House prices in Coles Bay moved +0.5% over the 12 months to June 2026. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Coles Bay?
#Coles Bay's house rental market sits at 1.4 months of supply as of June 2026 — classified as Tight, with 2 houses leased over the past 12 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
How it compares
Vs state, vs nearby, vs popularHow does Coles Bay compare to other TAS suburbs?
#Coles Bay's median house price ($642k) is 21% above the TAS median ($531k) as of June 2026. On selling speed, houses clear in 156 days vs 25 days state median. On gross yield, Coles Bay sits at 2.50% vs 4.02% state median.
What's the most popular property type in Coles Bay?
#The most-transacted segment in Coles Bay over the 12 months to June 2026 is 2 bed houses with 4 sales. 3 bed houses come second at 4 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Coles Bay last year?
#Coles Bay recorded 4 house sales and 4 unit sales over the 12 months to June 2026 — a combined 8 transactions. On the rental side, 2 houses and 2 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Coles Bay in?
#Coles Bay is in postcode 7215, in the South East region of TAS. Addresses there are written as Coles Bay, TAS 7215.
What is the population of Coles Bay?
#Coles Bay, TAS 7215 is home to 273 residents (ABS Census 2021). The median resident age is 21, and the average household holds 1.0 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Coles Bay?
#The median household in Coles Bay earns $1k per week — roughly $59k a year (ABS Census 2021). Median personal income runs $423/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Coles Bay?
#The unemployment rate in Coles Bay is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Coles Bay?
#Coles Bay is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Coles Bay?
#Coles Bay has 1 school within reach — including Swansea Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Coles Bay a good place to live?
#Coles Bay, TAS 7215 has a population of 273, a median age of 21, a median household income around $1k/week, 50% of households renting (ABS Census 2021). There is 1 school within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Coles Bay market data last updated?
#This Coles Bay market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.