Caboolture Property Market Update 1st Half 2025
Caboolture offers affordable housing, great schools, and easy access to both Brisbane and the Sunshine Coast, making it a fantastic place for families and professionals alike. With its mix of urban conveniences and semi-rural charm, residents enjoy a relaxed lifestyle while staying connected to major city hubs.
Property Trends
In Q1 2025, Caboolture recorded a median house price of $755,000 and a median unit price of $435,000. This represents an annual (Q1 2024 – Q1 2025) price growth of 11.0% for houses and 26.1% for units. Comparing Q1 2024 and Q1 2025, sales declined by -31.7% for houses (to 95 sales in Q1 2025) and -23.1% for units (to 30 sales in Q1 2205). There is a clear undersupply for both property types, which has created a buffer against higher interest rates. Unit prices saw higher price growth compared to houses due to its more affordable price (in comparison to houses) and less house stock available, turning a prospective house buyer into purchasing units.
Project Development
Caboolture will see approximately $115.5M of new projects commencing construction in 2025. All planned projects for 2025 will deliver units/apartments, townhouses and land lots (which takes time to develop into houses). There are no new ready-to-sell stand-alone houses in the pipeline, suggesting that the current undersupply will remain. This will push up prices even higher, not just for houses but for all stock types.
Rental Market & Growth
House rental yield in Caboolture was 3.8% in March 2025, higher than Moreton Bay LGA (3.6%) and Brisbane Metro (3.2%). This is paired with a 9.1% growth in median house rental price in the past 12 months to Q1 2025, at $600 per week, along with a 9.5% increase in the number of houses rented (to 254 rentals in Q1 2025). The average days in the market has declined to a historical low, of 19 days in Q1 2025. This represents a highly demanded house rental market, which is beneficial for investors.
Vacancy Rates & Property Investment
Caboolture recorded a vacancy rate of 0.8% in March 2025, on par to Brisbane Metro’s 0.9%. Vacancy rates in Caboolture fluctuated slightly in the past 12 months but remain relatively stable overall. This indicates a resilient rental market. Furthermore, a 0.8% vacancy rate is well below the Real Estate Institute of Australia’s healthy benchmark of 3.0%, suggesting quicker occupancy of rental homes. This indicates a conducive investment environment for investors, even with higher property / entry prices in the past 12 months to Q1 2025.
