Get a property report and suburb profile for any property in Caloundra

Caloundra is a laid-back coastal town with its heart around Bulcock Beach and the foreshore esplanade. Kings Beach offers an ocean pool, playground and skate facilities, while Moffat Beach has a quieter surf-side mood and cafés. Housing ranges from low-rise beachfront apartments and older holiday cottages to everyday suburban homes, and days here are often shaped by swimming, boating and coastal walks. A compact CBD provides cafes, shops and local services, with easy road access to the wider region.

The community of 3,932 has a median age of 58 and a typical household income of $980 a week. It attracts families, retirees and people who value an outdoors lifestyle; families are dominated by couples without children and homes are more often owner-occupied than rented. Council-led town-centre renewal, transport and foreshore works and active aerodrome and aerospace planning mean change is under way in the centre. Whether Caloundra suits you comes down to the lifestyle you want.

On these figures, housing costs in Caloundra 4551 sit notably above what a typical local household earned at the most recent Census. Renting a house at $730 a week would take about 74.5% of a typical local household's weekly income at the last Census, and renting a unit at $650 a week would take about 66.3% — both a large share of income. Buying a unit at $1,045,000 works out to about 20.5 times a typical local household's annual income at the last Census, which sits well above local incomes. Whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Over the past 12 months Caloundra has seen strong capital growth on both sides of the market: unit values led the way, rising 20.7%, while house values climbed 15.3%. On the income side, house rents jumped 12.3% and unit rents increased a solid 6.6%. Put together, value growth outpaced rental growth most markedly for units, whereas for houses both price and rent rose strongly with values a little ahead of rents.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.