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
Current median dwelling price$650,000Past 3 months
Property growth+18.7%Past 12 months
Caboolture’s property market has experienced significant growth over the past 12 months, with house values increasing by 13% and unit values surging by 24.4%. The median house price has reached $790,000, while units have averaged $510,000, indicating strong demand across both property types.
Sales activity has been robust, with 162 houses and 47 units sold in the past 12 months. Houses are selling faster, with a median of 43 days on the market, compared to 55 days for units, suggesting a slightly softer demand in the unit market.
The rental market in Caboolture has also seen notable increases, with house rents rising by 8% and unit rents by 9.5% over the last 12 months, reflecting a strong rental demand in the area.
Houses | Units | |
---|---|---|
Median price Past 3 months | $790K | $510K |
Change in value Past 12 months | 13.0% | 24.4% |
Sold Past 3 months | 162 | 47 |
Median days on market Past 12 months | 43 | 55 |
Average rent Past 12 months | $583 | $460 |
Change in rent Past 12 months | 8.0% | 9.5% |
5 year median price trend for houses and units
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 has experienced steady growth, with house rents increasing by 8.0% over the past year to $583 per week, while unit rents have risen 9.5% to $460 per week. This growth reflects the suburb's appeal, driven by its affordability and proximity to key amenities, making it an attractive option for both renters and investors.
Suburbs near Caboolture
Some popular suburbs near Caboolture include:
How does Caboolture compare to nearby suburbs?
- Median house prices: Caboolture’s median house price is 7.5% higher than Caboolture South’s.
- Median unit prices: Caboolture’s median unit price is 13.3% lower than Morayfield’s.
- House price growth: Over the past 12 months, house prices in Caboolture have grown 4.2% higher than in Upper Caboolture.
- Unit price growth: Over the past 12 months, unit prices in Caboolture have grown 6.3% higher than in Bellmere.
- Selling speed for houses: Properties in Caboolture are selling 37.7% faster than in Upper Caboolture.
- Selling speed for units: Properties in nearby Bellmere are selling 49.1% faster than in Caboolture.
- Investment considerations: In Caboolture, the rental yield for house is 13.6% lower than the Brisbane average, while the rental yield for units is 25.1% lower.
- House price growth: Over the past 12 months, house prices in Caboolture have grown 29.4% lower than the average rate of growth across Brisbane.
- Unit price growth:Over the past 12 months, unit prices in Caboolture have grown 26.3% lower than the average rate of growth for units across Brisbane.