Suburb Profile Report for Mount Coolum QLD (4573)

Mount Coolum House: Median price $622,000, Annual capital growth 3.51%, Number of sales 58, Weekly median advertised rent $525

Mount Coolum Unit: Median price $420,000, Annual capital growth 2.42%, Number of sales 61, 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

Property value increases in Mount Coolum have tracked just higher than the QLD average of 1.66% over the last 12 months.

A 28.25% growth in median value for property investors in Mount Coolum,4573 puts this suburb at number 616th in terms of best performing suburbs in QLD

At number 652th of QLD’s most discounted properties, Mount Coolum is in the TOP 10% of the state/territory when listing in order of most discounted to least.

The QLD suburb of Mount Coolum, 4573 is in the Sunshine Coast (R) local government area.

Mount Coolum has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 0.00% to date .

Over the longer term, Mount Coolum has seen property prices show investors a 10.24% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Mount Coolum is $420000, with sellers offering an average of -3.68% off the asking price.

Often selling an investment property can take time, and in Mount Coolum the average time real estate has been on the market is 66.9216 days.

Metrics i HOUSE UNIT
$622,000 $420,000
-0.48% 6.60%
4.01% 0.00%
3.51% 2.42%
$525 $400
58 61
4.39% 4.95%
90.1363636363636 66.921568627451

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 : Above average (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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