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Real Estate in Coffs Harbour, Australia | Expat Exchange
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Real Estate in Coffs Harbour, Australia

By Betsy Burlingame

Last updated on Nov 01, 2024

Summary: People living in Coffs Harbour, Australia offer advice about real estate. How do you find a home in Coffs Harbour? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in Coffs Harbour?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Coffs Harbour, involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a single room in a shared house to a fully detached home. Next, you should research the different neighborhoods in Coffs Harbour to find one that suits your lifestyle and needs. Some popular areas include the city center, Jetty, Boambee, and Sawtell. Each of these areas has its own unique character and amenities. Once you've identified your preferred area, start looking for available properties. You can do this through various online real estate platforms such as Domain, RealEstate.com.au, and Rent.com.au. These websites allow you to filter your search based on location, property type, number of bedrooms, and price range. In addition to online platforms, you can also contact local real estate agencies directly. They can provide you with listings that may not be advertised online and can help you navigate the local rental market. Some well-known agencies in Coffs Harbour include LJ Hooker, The Edge, and First National. When you find a property you're interested in, arrange a viewing with the landlord or real estate agent. This will give you a chance to inspect the property and ask any questions you may have. If you're happy with the property, you'll need to submit an application. This usually involves providing references, proof of income, and sometimes a rental history. Once your application is approved, you'll need to sign a lease agreement and pay a bond, which is typically equivalent to four weeks' rent. The lease agreement will outline the terms and conditions of your tenancy, including the duration of the lease, the amount of rent, and your responsibilities as a tenant. Finally, before moving in, it's a good idea to take photos of the property to document its condition. This can help protect you from any disputes over damage that may arise when you move out. Remember, finding a place to live can take time, so it's important to start your search well in advance of when you plan to move," said one expat who made the move to Coffs Harbour.

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William RussellWilliam Russell

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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What is a typical expat home or apartment like in Coffs Harbour?

"A typical expat home or apartment in Coffs Harbour, is often spacious and comfortable, designed to accommodate the needs of both individuals and families. These homes usually have a modern design, with open-plan living areas, fully equipped kitchens, and multiple bedrooms. Many of these homes also come with outdoor spaces such as balconies or gardens, offering stunning views of the surrounding landscapes. The apartments, on the other hand, are usually located in the heart of the city, close to amenities like shopping centres, restaurants, and public transportation. They are often part of well-maintained complexes with facilities like swimming pools, gyms, and secure parking. Both homes and apartments in Coffs Harbour are typically furnished with a blend of contemporary and traditional Australian decor, creating a warm and welcoming environment. They are often equipped with modern appliances and amenities, including air conditioning, high-speed internet, and laundry facilities. Given Coffs Harbour's coastal location, many expat homes and apartments also offer easy access to the beach, making them ideal for those who enjoy outdoor activities like swimming, surfing, or simply relaxing by the sea. In terms of the neighbourhood, Coffs Harbour is known for its friendly and diverse community, making it a great place for expats to settle in. The city offers a relaxed lifestyle with plenty of recreational activities, from exploring the natural beauty of the region to enjoying its vibrant arts and culture scene. Overall, a typical expat home or apartment in Coffs Harbour provides a comfortable and convenient living space, set within a welcoming and vibrant community," said one expat in Coffs Harbour.

William Russell

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

Learn MoreGet Quote

William Russell

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

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What is the average cost of housing in Coffs Harbour?

If you are thinking about moving to Coffs Harbour, cost of living in probably a key consideration. Expats commented about the cost of housing:

"As of recent data, the average cost of a house in Coffs Harbour is approximately in the mid to high six-figure range in Australian dollars. However, the exact price can vary significantly depending on the size, location, and condition of the property," said one person in Coffs Harbour.

Should I buy or rent a home in Coffs Harbour?

If you have not spent a lot of time in Coffs Harbour, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Coffs Harbour, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Coffs Harbour for a long time, buying a home could be a good investment. Owning a home allows you to build equity over time and could provide financial stability in the future. However, buying a home also comes with significant upfront costs, such as the down payment, closing costs, and home inspection fees. You'll also be responsible for ongoing costs like property taxes, home insurance, and any maintenance or repairs the property needs. On the other hand, renting a home in Coffs Harbour could be a better option if you're not ready to settle down or if you prefer to avoid the financial commitment that comes with owning a home. Renting offers more flexibility, as you can move more easily if your job or personal circumstances change. It also means you won't have to worry about paying for property taxes, home insurance, or maintenance costs, as these are typically covered by the landlord. However, renting doesn't allow you to build equity, and rent prices can increase over time. You'll also have less control over your living space, as you'll need permission from your landlord to make any significant changes to the property. In conclusion, whether you should buy or rent a home in Coffs Harbour depends on your financial situation, how long you plan to stay, and your personal preferences. It's important to weigh the pros and cons of each option and consider seeking advice from a financial advisor before making a decision," remarked one foreigner who made the move to Coffs Harbour.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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