Upper Caboolture is a mid-sized suburb in Queensland within the Moreton Bay local government area (postcode 4510). With a population of 5,087, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $98K per year, with an average household size of 3.1 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 technicians & trades, clerical & administrative, labourers. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Median house prices in Upper Caboolture stand at $1.1 million, having risen steeply by 13.2% over the last twelve months. The current median weekly rent is $615. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,820.
Public transport access includes 4 bus stops. The crime rate in the Moreton Bay LGA is moderate at 4,728 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 3.0%, which reads as moderate yield. Property prices are near the state median ($1.1M/$1.1M). The price-to-income ratio of 10.9x is considered stretched. House prices have moved +13.2% 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.