Suburb Profile Report for Coolum Beach QLD (4573)

Coolum Beach House: Median price $690,000, Annual capital growth 3.84%, Number of sales 150, Weekly median advertised rent $520

Coolum Beach Unit: Median price $422,000, Annual capital growth 2.01%, Number of sales 117, Weekly median advertised rent $400

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 2465th in the list of Australian suburbs ordered by increase in median house value over the last year, Coolum Beach, 4573 is in the BOTTOM 40% with a property value increase of -0.72% recorded in median house prices.

The five-year average increase in median property values for Coolum Beach,4573 has given property investors a potential capital gain of 33.98% across each of those five years.

Coolum Beach, 4573 is offering QLD ‘s 501th 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.

Renters in Suburb are facing rents around $27040 per annum or $520 every week.

Over the last year, property investments in Coolum Beach, 4573 have given investors a capital gain of 4.20%. This compares favourably with the -0.33% for QLD as a whole.

If we look at median property appreciation over just the last three months, Coolum Beach has given property investors a paper return of -0.71%. This puts Suburb as 242 on a list of fastest fasting appreciating suburbs in QLD

Property buyers and investors in Coolum Beach 4573 should be seeing an average reduction in asking price of around -5.43% . This means that Coolum Beach is holding prices well when compared to other suburbs in QLD.

At number 876 in a list of fastest selling suburbs, Coolum Beach is in the bottom 40% of suburbs in Australia with an average of days on market 86.7089 for properties listed there.

Metrics i HOUSE UNIT
$690,000 $422,000
3.06% -0.71%
-0.72% 4.20%
3.84% 2.01%
$520 $400
150 117
3.92% 4.93%
67.5416666666667 86.7088607594937

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 7905
Median household income ($/weekly) 1027
Median age of persons 39
Median housing loan repayment ($/monthly) 1750
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1043 13.2
    25-34 years 965 12.2
    35-44 years 1236 15.6
    45-54 years 1106 14.0
    55-64 years 997 12.6
    Others 2558 32.4
    Age Group
    Census Count Percent(%)
    Registered Married 2547 45.4
    Not Married 2268 40.4
    Defacto Relationship 793 14.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 6139 82.3
    Papua New Guinea 347 4.6
    South Africa 53 0.7
    United Kingdom 477 6.4
    Other 142 1.9
    Others 305 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 139 2.0
    Christianity 4513 64.2
    Hinduism 10 0.1
    Other Religious Groups 31 0.4
    No Religion 2332 33.2
    Others 9 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 333 12.4
    $600-$799 330 12.3
    $800-$999 280 10.4
    $1,000-$1,249 273 10.1
    $1,500-$1,999 354 13.2
    Others 1122 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2095 34.8
    Employed, worked full-time 1997 33.1
    Employed, worked part-time 1426 23.7
    Unemployed, looking for work 276 4.6
    Employed, away from work 234 3.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 688 18.8
    Technicians & trades workers 657 18.0
    Community & personal service workers 434 11.9
    Clerical & administrative workers 439 12.0
    Labourers 424 11.6
    Others 1014 27.7
    Occupation
    Census Count Percent(%)
    Pre-school 84 5.0
    Infants/Primary 677 40.2
    Secondary 503 29.9
    Technical or Further Educational Institution 148 8.8
    University or other Tertiary Institutions 225 13.4
    Others 48 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6029 82.6
    Flat, unit or apartment 738 10.1
    Semi-detached, row or terrace house, townhouse 480 6.6
    Caravan, cabin, houseboat 52 0.7
    House or flat attached to a shop, office 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1150 38.9
    Being purchased 938 31.7
    Fully owned 835 28.3
    Other tenure type 32 1.1
    Tenure Type
Census 2011, ABS
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