THE CABOOLTURE BOOM

The city of Caboolture is an ideal place to invest in due to having one of Australia’s fastest growing popultations, multi million dollar developments and rapid employment growth.

2022 created a unique opportunity for buyers and sellers, where by median house prices softened by 2.6% and unit prices decreased by 20.1%.

Median house prices in the area sat at $565,000, while median unit prices sat at $267,500 making this location an extremely attractive area for investing, with a promising outlook regarding future growth and developments.

The total rental population of Caboolture is 45.54% with a rental yield of 4.3%, coming in slighltly higher than Moreton Bay at 3.9%, and Brisbane metro at 3.6%.

The median rental price also saw a 25.0% increase towards the end of last year along with a 33.3% increase in the number of houses rented, between 2021 and 2022.

Additionally, the area is about to see a $96.1 million worth of developments in new projects including residential, commercial, industrial, infrastructure and mixed-use projects.