Suburb Profile Report for Mount Coolum QLD (4573)

Mount Coolum House: Median price $575,000, Annual capital growth 4.98%, Number of sales 72, Weekly median advertised rent $440

Mount Coolum Unit: Median price $403,089, Annual capital growth 4.49%, Number of sales 89, Weekly median advertised rent $433

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

At number 609th in the list of Australian suburbs ordered by increase in median house value over the last year, Mount Coolum, 4573 is in the top 20% with a property value increase of 13.64% recorded in median house prices.

Across a shorter period, Mount Coolum, 4573 has seen a median price increase of -0.86% over the last quarter.

Mount Coolum4573 is located in QLD which offers an average discount of -7.32% to property investors. Mount Coolum itself is showing figures that indicate -4.89% is the average achievable by property buyers investing in the suburb.

Mount Coolum, 4573’s gross rental yield is 3.98%

Mount Coolum, 4573 ranked 69th in QLD when comparing growth in median property values or capital gain over the last 12 months. Mount Coolum is one of 2415 in our list for QLD

Comparing Mount Coolum,4573 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Mount Coolum are currently offering property investors an average price cut of -4.36% below the asking price at the moment.

At number 824 in a list of fastest selling suburbs, Mount Coolum is just in the bottom half of suburbs in Australia with an average of days on market 80.67 for properties listed there.

A $432.5 per week rent on the median house gives suburb investors a gross yield of circa 5.58%, without taking into account capital value appreciation, which has been averaging out at 4.49%.

HOUSE UNIT
$575,000 $403,089
-0.86% 2.05%
13.64% 8.47%
4.98% 4.49%
$440 $433
72 89
3.98% 5.58%
75.71 80.67

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 3668
Median household income ($/weekly) 1153
Median age of persons 38
Median housing loan repayment ($/monthly) 2058
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 527 14.4
    25-34 years 456 12.4
    35-44 years 698 19.0
    45-54 years 492 13.4
    55-64 years 372 10.1
    Others 1123 30.6
    Age Group
    Census Count Percent(%)
    Registered Married 1195 48.4
    Not Married 947 38.3
    Defacto Relationship 328 13.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2778 80.2
    Greece 33 1.0
    Papua New Guinea 167 4.8
    United Kingdom 248 7.2
    Other 85 2.5
    Others 152 4.4
    Country of Birth
    Census Count Percent(%)
    Christianity 2045 61.8
    No Religion 1159 35.0
    Buddhism 83 2.5
    Other Religious Groups 18 0.5
    Judaism 4 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 127 10.6
    $600-$799 126 10.5
    $1,000-$1,249 138 11.5
    $1,500-$1,999 157 13.1
    $2,000-$2,499 117 9.8
    Others 532 44.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 962 35.6
    Not in the labour force 921 34.0
    Employed, worked part-time 566 20.9
    Unemployed, looking for work 141 5.2
    Employed, away from work 115 4.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 175 10.6
    Professionals 367 22.3
    Technicians & trades workers 290 17.6
    Community & personal service workers 206 12.5
    Clerical & administrative workers 205 12.5
    Others 402 24.4
    Occupation
    Census Count Percent(%)
    Pre-school 47 6.0
    Infants/Primary 361 46.3
    Secondary 187 24.0
    Technical or Further Educational Institution 61 7.8
    University or other Tertiary Institutions 100 12.8
    Others 23 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2517 75.7
    Semi-detached, row or terrace house, townhouse 546 16.4
    Flat, unit or apartment 260 7.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 545 41.4
    Rented 482 36.6
    Fully owned 290 22.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals