Coolana (postcode 4311) is a quiet locality in Queensland within the Somerset local government area. The area has roughly 175 residents and an established demographic, with a median age of 43. Households earn a median income of $80K per year, with an average household size of 2.7 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% 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 professionals, technicians & trades, machinery operators & drivers. Employment in the area leans toward construction and education. The top ancestries reported are Australian, English, Scottish.
The median weekly rent is $300 (Census 2021). The median monthly mortgage repayment is $1,670.
The crime rate in the Somerset LGA is moderate at 4,695 incidents per 100,000 population.
From an investment perspective, Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.