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Caboolture suburb profile

Caboolture is a vibrant regional town located approximately 44km north of Brisbane, serving as a gateway to the Sunshine Coast. Known for its rich history and agricultural roots, Caboolture offers a blend of rural charm and urban convenience. The area is home to a diverse community, with a range of amenities including schools, shopping centres, and healthcare facilities. Caboolture hosts various cultural events and markets, reflecting its strong community spirit. With excellent transport links via the Bruce Highway and a growing infrastructure, Caboolture is an attractive option for families and individuals seeking a balanced lifestyle.

Caboolture property market performance

Caboolture’s property market has experienced significant growth over the past 12 months, with both houses and units seeing substantial increases in value. House values have surged by 17.5%, while unit values have risen by 19.2%. The median house price over the past three months has averaged $730,500, and units have averaged $395,000, indicating strong demand across both property types.

Sales activity has been robust, with 154 houses and 30 units sold in the past 12 months. Properties are moving quickly, with houses spending a median of just 17 days on the market, and units even faster at 12 days, reflecting a competitive market environment.

The rental market in Caboolture has also seen notable changes, with average rent for houses increasing by 10% and units by 16.2% over the last 12 months, highlighting a strong demand for rental properties in the area.

Median price - houses$740KPast 3 months

Median price - units$405KPast 3 months

Change in value - houses16.6%12 months

Change in value - units25.0%12 months

Houses sold147Past 3 months

Units sold28Past 3 months

Median DOM - houses17Past 12 months

Median DOM - units11Past 12 months

Average rent - houses$540Past 12 months

Average rent - units$430Past 12 months

Change in rent - houses8.0%Past 12 months

Change in rent - units13.2%Past 12 months

Caboolture demographics

Caboolture, located in Queensland, is a suburb that offers a blend of suburban comfort and rural charm. With a population of 29,534, it serves as a significant regional hub north of Brisbane. The median age of 36 suggests a balanced mix of young families, professionals, and older residents, contributing to a diverse community atmosphere. The suburb is known for its family-friendly environment, with 38.2% of households being couple families with children, and 35.5% being couples without children, indicating a strong family presence.

The median total household income in Caboolture is $1,310 per week, reflecting a community that is relatively affordable compared to metropolitan areas. Housing in Caboolture is varied, with 21.5% of properties owned outright and 34.9% owned with a mortgage, showing a stable homeownership rate. Additionally, 43.6% of properties are rented, which highlights the suburb's appeal to those seeking rental opportunities, including young families and individuals looking for flexibility.

Caboolture's community is supported by a range of amenities, including schools, parks, and shopping centers, making it a convenient place for families and individuals alike. The suburb's proximity to both Brisbane and the Sunshine Coast offers residents easy access to urban and coastal experiences. With its mix of affordability, family-friendly environment, and accessibility, Caboolture continues to attract a diverse range of residents looking for a balanced lifestyle.

Caboolture infrastructure, key developments and investment opportunities

Caboolture is experiencing significant development and growth as a major urban center in the Moreton Bay region, about 50 km north of Brisbane. The town's population has expanded rapidly, reaching over 29,500 in the 2021 census. Major infrastructure projects include the redevelopment of Caboolture Plaza and the planned New Caboolture Transport Hub, which aims to improve connectivity and potentially increase property values along key routes.

The local economy is diversifying beyond its agricultural roots, with construction, property services, and retail becoming major components alongside agriculture. Caboolture remains a significant producer of strawberries in Queensland. The town's historical village and museums like the Abbey Museum of Art and Archaeology are key attractions preserving local heritage. Overall, Caboolture is positioning itself as an affordable, growing area with improving amenities and transport links to Brisbane, likely sustaining strong demand for housing in the coming years.

Caboolture rental market trends

The rental market in Caboolture is experiencing robust growth, with house rents increasing 10% over the past year to $550 per week, while unit rents have surged 16.2% to $430 per week. This growth reflects strong demand and makes Caboolture an attractive option for both renters and investors seeking promising returns in a developing area.

Suburbs near Caboolture

Some popular suburbs near Caboolture include:

Common questions about Caboolture

  • Is Caboolture a nice place to live?

    Caboolture is a delightful suburb that offers a harmonious blend of suburban comfort and rural allure, making it a charming place to call home. Nestled conveniently between Brisbane and the Sunshine Coast, it provides residents with the best of both worlds—urban accessibility and coastal proximity. The suburb is known for its welcoming and diverse community, which is reflected in its vibrant cultural events and markets that foster a strong sense of belonging among residents.

    Families will find Caboolture particularly appealing due to its family-friendly environment and the abundance of amenities such as schools, parks, and shopping centres. The suburb's relaxed vibe and community-focused lifestyle make it an ideal setting for raising children. Additionally, the ongoing development and infrastructure improvements, such as the New Caboolture Transport Hub, enhance the suburb's connectivity, making daily commutes and access to nearby attractions more convenient.

    While Caboolture offers a peaceful and affordable lifestyle, it does come with some trade-offs. The suburb may not have the bustling nightlife or trendy cafes found in inner-city areas, but it compensates with its rich history, agricultural roots, and community spirit. Safety is generally not a major concern, and the suburb's growth and development indicate a promising future for property values.

    Overall, Caboolture is a fantastic choice for those seeking a balanced lifestyle with a touch of rural charm. Its combination of affordability, community engagement, and accessibility makes it an attractive option for families and individuals looking to enjoy a serene yet connected living experience.

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  • Is it expensive to live in Caboolture?

    Living in Caboolture can be considered relatively affordable, especially when compared to some of the more expensive areas in Queensland. The median house price in Caboolture is currently $730,500, which is quite reasonable compared to the soaring prices in inner-city Brisbane. Units are even more budget-friendly, with a median price of $395,000. For those looking to rent, the average rent for houses is about $550 per week, while units average $430 per week, making renting a viable option for many.

    The average wage in Caboolture is approximately $85,000 per year, which aligns well with the median total household income of $1,310 per week. This suggests that the cost of living, particularly in terms of housing, is manageable for many residents. Compared to the average wages in larger cities like Brisbane, Caboolture offers a more balanced financial lifestyle, allowing residents to enjoy a comfortable living without the pressure of exorbitant housing costs.

    Overall, if you are thinking of living in Caboolture, it provides a good mix of affordability and lifestyle, making it an attractive option for those seeking a more budget-friendly suburban environment while still being within reach of Brisbane's amenities and employment opportunities.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Caboolture a good place to invest?

    Caboolture is showing promising signs as a potential investment hotspot. Over the past year, the suburb has experienced significant growth in property values, with median house values increasing by 17.5% and unit values rising by an impressive 19.2%. This upward trend suggests a strong demand for properties in the area, making it an attractive option for investors looking to capitalize on capital growth.

    In addition to the rising property values, Caboolture has also seen a notable increase in rental yields. House rents have gone up by 10%, while unit rents have surged by 16.2% over the last 12 months. This indicates a robust rental market, providing investors with the potential for solid rental income. The combination of capital growth and strong rental returns makes Caboolture a compelling choice for those looking to invest in real estate.

    Overall, Caboolture offers a balanced mix of growth potential and rental income opportunities. Its recent performance in both property values and rental yields suggests that it could be a wise investment choice for those seeking to enter the real estate market or expand their property portfolio.

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