Coolum Beach (postcode 4573) is a mid-sized suburb in Queensland within the Sunshine Coast local government area. With a population of 9,152, the suburb has an older-leaning population with a median age of 45. Households earn a median income of $83K per year, with an average household size of 2.4 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.0% 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, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Median house prices in Coolum Beach stand at $1.4 million, having risen steeply by 15.4% over the last twelve months. Units have a median price of $875,000 (+6.1% YoY). The current median weekly rent is $820. This gives a gross rental yield of approximately 3.2%. 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 3,661 incidents per 100,000 population.
On the investment side, Coolum Beach shows a gross rental yield of approximately 3.2%, 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. Population growth of +2.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.