Caboolture (postcode 4510) is a sizeable suburb in Queensland within the Moreton Bay local government area. With a population of 29,534, the suburb has a mix of families and early-career residents with a median age of 36. Households earn a median income of $68K per year, with an average household size of 2.6 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.1% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, technicians & trades, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
Caboolture has a median house price of $680,000, which has jumped by 18.3% year-on-year. Units have a median price of $355,000 (+3.6% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,561.
Caboolture is served by 15 schools, including 8 primary, 4 secondary, 1 combined, 2 special. The average ICSEA score is 972, which is around the national average of 1,000. Public transport access includes 2 rail stations, 74 bus stops. Healthcare facilities include 1 public and 2 private hospitals. The crime rate in the Moreton Bay LGA is moderate at 4,728 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 4.2% (moderate yield). Property prices sit below the state median ($680K/$1.1M), which can point to relative value. The price-to-income ratio of 10.0x is considered moderate. House prices have moved +18.3% year-on-year. Population growth of +2.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.