Suburb Profile Report for Cooloola Cove QLD (4580)

Cooloola Cove House: Median price $300,000, Annual capital growth 1.22%, Number of sales 93, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report

Cooloola Cove is in the TOP 30% in QLD when comparing median price capital growth over the last year. Cooloola Cove gave property investors a good capital gain figure when compared to the rest of the state, with 7.14%.

A 8.70% growth in median value for property investors in Cooloola Cove,4580 puts this suburb at number 198th in terms of best performing suburbs in QLD

With the median price for a house in Cooloola Cove being $300000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 4.85%

Metrics i HOUSE UNIT
$300,000 N/A
2.56% N/A
7.14% N/A
1.22% N/A
$280 N/A
93 N/A
4.85% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 2514
Median household income ($/weekly) 693
Median age of persons 50
Median housing loan repayment ($/monthly) 1343
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 308 12.3
    35-44 years 273 10.9
    45-54 years 281 11.2
    55-64 years 493 19.6
    65-74 years 460 18.3
    Others 698 27.8
    Age Group
    Census Count Percent(%)
    Registered Married 1032 57.0
    Not Married 578 31.9
    Defacto Relationship 200 11.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1989 84.0
    Papua New Guinea 62 2.6
    Philippines 21 0.9
    United Kingdom 176 7.4
    Other 35 1.5
    Others 85 3.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1611 71.7
    No Religion 610 27.1
    Buddhism 14 0.6
    Islam 6 0.3
    Other Religious Groups 6 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 108 12.2
    $400-$599 202 22.8
    $600-$799 146 16.5
    $800-$999 108 12.2
    $1,000-$1,249 81 9.1
    Others 241 27.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1212 62.6
    Employed, worked full-time 335 17.3
    Employed, worked part-time 260 13.4
    Unemployed, looking for work 79 4.1
    Employed, away from work 51 2.6
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 123 18.9
    Clerical & administrative workers 68 10.5
    Sales 90 13.8
    Machinery operators & drivers 75 11.5
    Labourers 115 17.7
    Others 179 27.5
    Occupation
    Census Count Percent(%)
    Pre-school 25 6.3
    Infants/Primary 192 48.6
    Secondary 133 33.7
    Technical or Further Educational Institution 24 6.1
    University or other Tertiary Institutions 14 3.5
    Others 7 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2270 97.1
    Caravan, cabin, houseboat 30 1.3
    Semi-detached, row or terrace house, townhouse 21 0.9
    Flat, unit or apartment 9 0.4
    Improvised home, tent, sleepers out 8 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 445 45.8
    Being purchased 301 31.0
    Rented 226 23.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals