Located in Queensland within the Sunshine Coast local government area, Marcoola is a smaller residential area (postcode 4564). It is home to about 3,355 residents, with an older-leaning population and a median age of 45. Households earn a median income of $73K per year, with an average household size of 2.2 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.
The median house price in Marcoola is $1.3 million, having climbed sharply by 11.1% over the past year. Units have a median price of $750,000 (+4.2% YoY). The current median weekly rent is $680. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,733.
Public transport access includes 21 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, Marcoola shows a gross rental yield of approximately 2.7%, rated as low yield. Property prices are near the state median ($1.3M/$1.1M). The price-to-income ratio of 17.8x is considered stretched. House prices have moved +11.1% 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.