Question 1

Is Cooroibah a nice place to live?

Accepted Answer

Cooroibah is a quiet rural-residential locality set around Lake Cooroibah and the Noosa River system, with a bushland, water-focused character. Properties are low density on large, leafy blocks and range from timber cottages to contemporary homes, some with lakefront or creek frontage. The area suits people who favour outdoor life, with easy access to boating, kayaking, fishing and bushwalking, and plenty of native birdlife, while everyday shops and services are found in nearby Tewantin and the Noosa coast.

The community of 2,178 people has a median age of 46 and a high rate of home ownership, with about 90.2% of homes owner-occupied. Couple families with and without children together account for about 87% of families, reflecting a settled, predominantly owner-occupied population. Council and state agencies are undertaking river and public-land work, including conservation and potential future activation at Johns Landing, planning around the Hilton Esplanade boat ramp, a 28-day anchoring limit on the Noosa River system, and some recent school-bus stop changes. Whether Cooroibah suits you depends on whether you value a peaceful, nature-rich setting within reach of coastal amenities.

Question 2

Is it expensive to live in Cooroibah?

Accepted Answer

Renting a house in Cooroibah runs to about $950 a week, which is roughly 58% of a typical local household's weekly income as recorded at the most recent Census (weekly household income $1,639). On these figures, house rent would take a large share of a typical local household's income at the last Census, so for people renting that rent share is the most important number to consider.

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

Question 3

Is Cooroibah a good place to invest?

Accepted Answer

House rents in Cooroibah climbed a strong 15.4% over the past year, while house values rose a solid 7.9%.

That means rental income from houses increased faster than their capital value over the year. If rental income is your priority, the rent movement is the figure to focus on; if capital growth matters more, the value change is the relevant figure. Whether those outcomes suit your goals and circumstances is for you to decide.

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.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	7.9%	N/A
Sold Past 3 months	2	N/A
Median days on market Past 12 months	55	N/A
Average rent Past 12 months	$950	N/A
Change in rent Past 12 months	15.4%	N/A

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