Caboolture


Caboolture Suburb Profile 


Originally a quiet town popular with farmers and retirees, the growth in affordable housing in Caboolture has seen the suburb become a popular choice with new families. 

Businesses have also been seen to capitalise on the area's growth with homemaker centres, mega hardware stores and shopping centres taking up prime locations in the outer-suburbs. 

Perfectly situated between the Sunshine Coast and Brisbane, Caboolture's farms and forests have given way to hectares of housing in this booming region. 

Median property prices over the last year range from $345,000 for houses to $240,500 for units. If you are looking for an investment property, consider houses in Caboolture rent out for $325 PW with an annual rental yield of 4.9% and units rent for $275 PW with a rental yield of 5.9%. Based on five years of sales, Caboolture has seen a compound growth rate of 2.5% for houses and 2.4% for units (Realestate.com.au). 





Over the next 5 and 10 years, Caboolture’s population is expected to grow annually at rates that are double Queensland’s 5-year and 10-year growth rates. From 23,000 people in 2011, Caboolture’s population is forecasted to double and exceed 40,500 people by 2036. Morayfield’s population over the next 25 years is projected to grow 5.2% a year, which is more than double Queensland’s 25-year growth rate of 1.9% a year. By 2036, forecasts suggest Morayfield’s population would have tripled, from 5,000 to 18,000 people.

CABOOLTURE, 4510 in QLD belongs to the local government area of Moreton Bay (R).

With the median home price in CABOOLTURE sitting at $345,000, and the average rent at $342.5, property owners could potentially earn a 5.16% increase in gross rental yield.