Coochiemudlo

Island

Coochiemudlo Island is a small red clay island in Moreton Bay of approximately 2km². It is located a short ferry ride (abt 1.5 kilometres) from Victoria Point on the mainland. It has local shops, a golf course and is surrounded on three sides by sandy beaches. It is popular as a holiday destination and weekend retreat for many mainland property owners. It has a permanent population estimated at 850 people (2021 census). With advancements in communication and information technology, people are increasingly choosing places like Coochiemudlo Island to work from home.

In line with other locations, Coochiemudlo Island real estate took a hit during the Global Financial Crisis of 2008, bottoming out in mid-2011. Values remained fairly level, but in that time the Southern Moreton Bay Islands, including Coochie, saw a significant increase in both building activity and population. More and more people were starting to realise the benefits of Island life and Redland City Council were finally starting to pump money into much needed infrastructure.

Now finally the Banking sector are making investment into the Southern Bay Islands, including Coochiemudlo Island, a little more realistic with less stringent loan to valuation ratios. Since the last quarter of 2020, we have seen a marked increase in value for the better situated real estate.

ABOUT Coochiemudlo