Suburb Profile Report for Coolum Beach QLD (4573)

Coolum Beach House: Median price $680,000, Annual capital growth 4.01%, Number of sales 142, Weekly median advertised rent $500

Coolum Beach Unit: Median price $422,000, Annual capital growth 2.48%, Number of sales 91, Weekly median advertised rent $395

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Over the last year, property investments in Coolum Beach, 4573 have given investors a capital gain of 0.00%. This compares averagely with the 0.78% for QLD as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Coolum Beach comes in at number 63th in QLD.

Sellers are offering property buyers an average discount of -5.83% to buyers in Coolum Beach at the moment, which is less than average for the rest of QLD.

Advertised rents are around the $500 mark per week – giving a return of 3.82% based on the median price in Suburb

With a capital gain of 7.65% for the last 12 months, Coolum Beach, 4573 has performed for property investments than its average annual 2.48% property growth over the last 5 years.

Coolum Beach,4573 has offered an average of 7.65% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Coolum Beach should be aiming for at least -5.82% off the asking price, which is the average vendor discount being achieved at the moment.

At number 830 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 87.871 for properties listed there.

Situated 104.49km from the CBD, Coolum Beach is one of Sunshine Coast (R) localities in the postcode 4573.

Metrics i HOUSE UNIT
$680,000 $422,000
-2.16% 5.37%
0.00% 7.65%
4.01% 2.48%
$500 $395
142 91
3.82% 4.87%
65.2857142857143 87.8709677419355

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Coolum Beach QLD
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
Chart Table