Suburb Profile: Coolum Beach, Queensland

Coolum Beach – A Coastal Gem on the Sunshine Coast

Coolum Beach, nestled on the Sunshine Coast, is a picturesque beachside suburb offering a mix of fine dining, casual eateries, and a large grassy beachfront park perfect for picnics, barbecues, and family activities. Known for its vibrant community and laid-back lifestyle, this coastal gem is a favourite destination for residents and visitors alike.

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Location and Accessibility

Conveniently positioned between Mooloolaba and Noosa, Coolum Beach provides easy access to the Sunshine Coast's top destinations. Just a 10-minute drive from Sunshine Coast Airport, which offers direct flights to major cities like Sydney, Melbourne, Adelaide, and Auckland, it’s a prime location for those looking to stay connected. The Sunshine Motorway and Yandina-Coolum Road ensure smooth travel along the coast and to Brisbane, approximately 1.5 hours away. Public transport options include local buses that run regularly to nearby suburbs, with a train station located 20 minutes away in Yandina.

Community and Lifestyle

With a population of approximately 10,000, Coolum Beach is known for its welcoming atmosphere and strong community spirit. Residents enjoy a relaxed, outdoor-oriented lifestyle, with the stunning beach at the heart of daily life. Surfing, swimming, and beach picnics are popular pastimes, while the beachfront park and skate ramp offer family-friendly spaces for outdoor activities.

Coolum Beach is home to a variety of local events, from markets to surf competitions, fostering a sense of togetherness. The nearby Mount Coolum provides hiking trails with breathtaking views, adding to the area’s appeal for adventure seekers. Families are particularly drawn to the suburb for its excellent schools, safe environment, and abundant recreational spaces.

Real Estate Market Overview

Coolum Beach continues to attract a mix of families, retirees, and investors. Offering a range of properties, from modern beachfront apartments to spacious family homes and luxury residences, the suburb caters to diverse lifestyles and budgets.

• Median Property Prices (2023):

• Houses: $1,395,000

• Units: $800,000

• Rental Market:

• Houses: $800 per week, with a 3.1% rental yield

• Units: $690 per week, with a 4.0% rental yield

• Growth Trends:

• Houses: 11.6% annual growth

• Units: 1.7% annual growth

Housing Options and Investment Potential

Coolum Beach offers a variety of housing options, including beachfront apartments, luxury coastal homes, and affordable townhouses. The area has seen steady value growth, making it a prime spot for investment. With a median household income of approximately $1,600 per week, the suburb is home to both middle-income and high-income households, particularly in beachfront areas.

Homeownership is high in Coolum Beach, with 66.9% of residents owning their homes, while 28.7% are renters. The stable yet dynamic market, combined with strong rental yields, makes Coolum Beach an appealing option for both long-term investors and those seeking holiday homes.

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Key Highlights

Population: Approximately 10,000 residents

• Beaches: Wide sandy beaches ideal for surfing, swimming, and relaxation

• Lifestyle: A laid-back, family-friendly atmosphere with a focus on outdoor living

• Weather: Subtropical climate with mild winters and 300 sunny days per year

• Community: A close-knit, welcoming environment with regular local events and activities

Coolum Beach offers the perfect blend of coastal charm, vibrant community spirit, and a strong real estate market. Whether you’re looking for a family home, a holiday retreat, or a smart investment, Coolum Beach has something to offer. With increasing property values, high rental demand, and a desirable location, it’s a top choice for property buyers on the Sunshine Coast.

For expert advice on buying property in Coolum Beach, contact Keeta Gibson at Ocean Buyers Agency for personalised service and guidance tailored to your needs.

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FAQs

What is the community like in Coolum Beach?

Coolum Beach has a laid-back, friendly community with a strong sense of togetherness. Locals enjoy a relaxed lifestyle, with plenty of events, markets, and social gatherings throughout the year. Families love the area for its excellent schools, safe neighbourhoods, and plenty of parks and outdoor spaces.

What is the weather like in Coolum Beach?

Coolum Beach enjoys a subtropical climate with warm, humid summers and mild winters. The area sees around 300 sunny days a year, making it perfect for outdoor activities year-round.

What are the housing options in Coolum Beach?

Coolum Beach offers a wide range of housing, from modern beachfront apartments and spacious family homes to luxury coastal properties and affordable townhouses, catering to different lifestyles and budgets.

What are the current property values and trends in Coolum Beach?

Currently, the median price for houses in Coolum Beach is $1,395,000, while units sit at $800,000. Houses typically rent for $800 per week with a 3.1% yield, and units for $690 per week with a 4.0% yield. The area has seen an annual growth rate of 11.6% for houses and 1.7% for units.

How is the rental market in Coolum Beach?

The rental market in Coolum Beach is strong, with houses renting for $800 per week and units for $690 per week. The solid rental yields make it an appealing option for both short-term and long-term investors.

What is the household income and ownership like in Coolum Beach?

The median household income in Coolum Beach is around $1,600 per week. Around 66.9% of residents own their homes, while 28.7% are renters. The suburb attracts both middle-income and higher-income households, especially in its beachfront and luxury properties.

How accessible is Coolum Beach?

Coolum Beach is well-connected, located between Mooloolaba and Noosa Headland. It’s only a 10-minute drive from Sunshine Coast Airport and about 1.5 hours from Brisbane. Local buses and bike paths offer easy transport options around the suburb.

What should I consider when investing in Coolum Beach property?

When investing in Coolum Beach, consider your goals—whether you're seeking high rental returns or long-term capital growth. With a variety of property options, strong rental yields, and increasing values, the suburb presents a promising investment opportunity.

Sources:

https://abs.gov.au/census/find-census-data/quickstats/2021/

https://profile.id.com.au/sunshine-coast/migration

https://www.microburbs.com.au/Qld/Sunshine-Coast-Regional-Council

https://www.propertyvalue.com.au

https://discovermooloolaba.com.au/

https://www.realestate.com.au/qld/coolum-beach-4573/