Coolum Beach is a mid-sized suburb in Queensland within the Sunshine Coast local government area (postcode 4573). With a population of 9,152, the suburb has a mature demographic with a median age of 45. Households earn a median income of $83K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Coolum Beach is $1.4 million, having surged 15.4% over the past year. Units have a median price of $875,000 (+6.1% YoY). The current median weekly rent is $790. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,000.
Coolum Beach is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 1056, which is above the national average of 1,000. Public transport access includes 27 bus stops. The crime rate in the Sunshine Coast LGA is below average at 3,765 incidents per 100,000 population.
From an investment perspective, Coolum Beach offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are near the state median ($1.4M/$1.1M). The price-to-income ratio of 16.2x is considered stretched. House prices have moved +15.4% year-on-year.
Coolum Beach is a mid-sized suburb in Queensland within the Sunshine Coast local government area (postcode 4573). With a population of 9,152, the suburb has a mature demographic with a median age of 45. Households earn a median income of $83K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Coolum Beach is $1.4 million, having surged 15.4% over the past year. Units have a median price of $875,000 (+6.1% YoY). The current median weekly rent is $790. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,000.
Coolum Beach is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 1056, which is above the national average of 1,000. Public transport access includes 27 bus stops. The crime rate in the Sunshine Coast LGA is below average at 3,765 incidents per 100,000 population.
From an investment perspective, Coolum Beach offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are near the state median ($1.4M/$1.1M). The price-to-income ratio of 16.2x is considered stretched. House prices have moved +15.4% year-on-year.