Suburb Profile Report for Mount Coolum QLD (4573)

Mount Coolum House: Median price $550,000, Annual capital growth 4.03%, Number of sales 71, Weekly median advertised rent $450

Mount Coolum Unit: Median price $375,000, Annual capital growth 3.71%, Number of sales 89, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

Mount Coolum has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 4.76% to date .

While Mount Coolum,4573 ranked number 737th in QLD for increase in median house value (annualised) increase, it is ranked 340th over the last 5 years.

The most recent median price for Mount Coolum is $550000, with sellers offering an average of -4.65% off the asking price.

Situated 100.44km from the CBD, Mount Coolum is one of Sunshine Coast localities in the postcode 4573.

Property investors who have had real estate in Mount Coolum, 4573 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.24%

Mount Coolum,4573 has offered an average of 0.24% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Mount Coolum should be aiming for at least -4.83% off the asking price, which is the average vendor discount being achieved at the moment.

Property investors should expect to get $420 weekly from the median priced house in this suburb.

HOUSE UNIT
$550,000 $375,000
-3.51% -3.23%
4.76% 0.24%
4.03% 3.71%
$450 $420
71 89
4.25% 5.82%
71.67 88.19

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
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