SUBURB HIGHLIGHT COOLUM BEACH

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Why are people moving to Coolum Beach?

Coolum Beach, nestled on the captivating Sunshine Coast, just south of Noosa Heads is a vibrant coastal suburb renowned for its pristine beaches, outdoor recreational opportunities, and welcoming community. With its friendly mix of permanent residents, young families and tourists, it embodies the laid-back coastal lifestyle, offering world-class surf breaks, stunning coastal views from Mount Coolum, and a bustling esplanade adorned with shops, cafes, and restaurants. This slice of paradise provides an opportunity to embrace the quintessential Australian beach lifestyle, making it an appealing destination for those seeking both a vibrant family-focused community and the serenity of coastal living

Buying property in Coolum Beach? A Property Market Overview:

The size of Coolum Beach is approximately 27.3 square kilometres. It has 29 parks covering nearly 56.6% of the total area, with a population of approximately 8,500 people (ABS 2016).

Coolum Beach median property prices over the last 12 months (Oct 2022 – Oct 2023) range from $1.215m for houses to $733,250 for units. If you are looking for an investment property, houses in Coolum Beach rent for a median weekly price of $725 with an annual rental yield of 3.7% and units rent for a median weekly price of $585 with a rental yield of 4.1%.

Population (ABS 2016)8.5k5-year population change
(ABS 2016)
7.4%
Total Dwellings (houses)2,896Total Dwellings (units)1,994
Av Length of Ownership11.6yrs30-Year Historical Performance8.2%
Median House Price$1,215,000Median Unit Price$733,250
% of Owner-Occupiers62.6%% of Renters37.4%
Houses Rental yield3.7%Unit Rental Yield4.1%

Source: Corelogic & Pricefinder October 2023


Top Reasons Why People are Moving to Coolum Beach:

  1. Lifestyle and Community: Coolum Beach is the embodiment of a laid-back coastal lifestyle. Its community is a diverse mix of permanent residents, holidaymakers, and tourists, contributing to its friendly and welcoming atmosphere. This suburb offers many community spaces where locals can engage in various community-based initiatives including the Coolum Civic Centre and the Community Collective QLD.
  2. Amenities & Convenience: Coolum Beach is home to a plethora of amenities, including a bustling esplanade with shops, cafes, restaurants, and bars as well as a thriving industrial & business centre. These offerings cater to a wide range of tastes and preferences, creating a vibrant dining and shopping scene for residents and visitors alike.
  3. Recreation: Water sports are a significant draw in Coolum Beach. The suburb boasts world-class surf breaks, attracting surfers from near and far. Surf schools and competitions are common sights along the beach. For those who prefer land-based activities, the nearby Mount Coolum National Park offers a network of hiking trails, including a challenging ascent to the summit of Mount Coolum, rewarding hikers with breathtaking panoramic views of the coast.
  4. Education: For families, Coolum Beach offers several educational options, including a primary school. Secondary and tertiary education can be accessed in nearby suburbs and towns, such as Nambour and Maroochydore, which are easily reached by car.
  5. Connectivity & Transport: Coolum Beach is well-connected by road, with easy access to the Sunshine Motorway and the Bruce Highway, providing convenient travel options to other parts of the Sunshine Coast and Brisbane. The Sunshine Coast Airport, located approximately 7 kilometres away, offers domestic flight connections, enhancing regional and interstate accessibility.
  6. Real Estate: Coolum Beach offers a diverse real estate market, featuring an array of beachfront apartments, townhouses, and houses that provide a beachside lifestyle akin to Noosa Heads but with more budget-friendly price points. Property options range from contemporary designs to classic beach cottages. The suburb’s real estate market is recognized for its competitiveness, particularly in the realm of properties boasting beachfront or ocean views. Coolum Beach rental properties are particularly appealing, offering high rental yields and minimal vacancy rates, with a broad spectrum of price options to suit diverse budgets.

Living Your Luxe Life Podcast: Hidden Gems of Coolum Beach, recommended by locals!

Discover the hidden gems in and around Coolum Beach on the Living Your Luxe Life Podcast, as Christine engages with locals who’ve embraced this region as their “home,” and delves into the relationship between home, lifestyle, and community. Through her role as a property buyer’s agent, Christine can dissect the region’s broader economic and property growth influences, situating them within the property cycle.

Sunrise Beach Families & Schools with Leissa Halifax_ Season 1, Episode 3
Sunrise Walks on Sunrise Beach with our Four-Legged Friends with Alison Lord_ Season 1, Episode 4
Culture & Art On the Sunshine Coast with Karen Beardsley_Season 2, Episode 5
Surfing & Interior Designing, Noosa Heads with Jess Peisley_Season 1, Episode 8

Top Recommendations for Coolum Beach:

Other suburbs you may like:

• Sunrise Beach Suburb Highlight
• Sunshine Beach Suburb Highlight
• Noosa Heads Suburb Highlight
• Buderim Suburb Highlight

Buying Property in Noosa Heads? Let us help you find your luxe life!

Get the latest insights, property market knowledge and buying strategies, and discuss your plans for purchasing property on the Sunshine Coast in an obligation-free, one-on-one consult with Christine Mount.