Suburb Profile Report for Mount Coolum QLD (4573)

Mount Coolum House: Median price $550,375, Annual capital growth 2.99%, Number of sales 69, Weekly median advertised rent $460

Mount Coolum Unit: Median price $370,000, Annual capital growth 3.49%, Number of sales 74, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Mount Coolum has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.44%

The five-year average increase in median property values for Mount Coolum,4573 has given property investors a potential capital gain of 19.78% across each of those five years.

Mount Coolum, 4573 is offering QLD ‘s 579th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.

Mount Coolum, 4573’s gross rental yield is 4.35%

Mount Coolum is in the bottom 20% in QLD when comparing median price capital growth over the last year. Mount Coolum gave property investors a dismal capital gain figure when compared to the rest of the state, with -7.50%.

The five-year average increase in median property values for Mount Coolum,4573 has given property investors a potential capital gain of 14.73% across each of those five years.

The most recent median price for Mount Coolum is $370000, with sellers offering an average of -5.83% off the asking price.

In the last year 74 properties changed hands in Mount Coolum, which puts it as the 131th most active market in QLD when comparing the number of sales per suburb.

Advertised rents are around the $400 mark per week – giving a return of 5.62% based on the median price in Suburb

Metrics i HOUSE UNIT
$550,375 $370,000
0.25% 0.68%
-3.44% -7.50%
2.99% 3.49%
$460 $400
69 74
4.35% 5.62%
79.31 85.35

Source: CoreLogic

DSR Score for property investment : Good (H), Good (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