Coral Cove

Coral Cove lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

As of Nov 2025, Coral Cove's population is estimated at around 1,559, reflecting an increase of 97 people since the 2021 Census. This growth represents a 6.6% rise from the previous figure of 1,462 people. The change is inferred from AreaSearch's estimation of the resident population at 1,501 following examination of ABS ERP data released in June 2024 and an additional 91 validated new addresses since the Census date. This results in a density ratio of 669 persons per square kilometer, indicating significant space per person with potential room for further development. Over the past decade, Coral Cove has demonstrated resilient growth patterns with a compound annual growth rate of 2.2%, outpacing the SA3 area. Interstate migration contributed approximately 83.0% of overall population gains during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area released in 2024, using 2022 as the base year. For areas not covered by this data and years post-2032, Queensland State Government's SA2 area projections released in 2023 based on 2021 data are used, with proportional growth weightings applied for age cohorts according to ABS Greater Capital Region projections released in 2023. Nationally, non-metropolitan areas are projected to have above median population growth, with the suburb expected to increase by 246 persons to 2041 based on aggregated SA2-level projections, reflecting an overall increase of 19.5% over the 17 years.

Recent residential development output has been above average within Coral Cove when compared nationally

AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, indicates Coral Cove has experienced around 18 dwellings receiving development approval annually over the past five financial years. This totals an estimated 91 homes. As of FY-26, six approvals have been recorded.

Based on an average of 2.2 new residents per year for each dwelling between FY-21 and FY-25, this suggests solid demand supporting property values. New homes are being built at an average expected construction cost value of $494,000, consistent with regional patterns. Compared to the Rest of Qld, Coral Cove shows 87.0% higher development activity per person, creating greater choice for buyers and indicating robust developer interest in the area. This is significantly above the national average. New development consists of 96.0% standalone homes and 4.0% attached dwellings, maintaining the area's traditional low density character with a focus on family homes appealing to those seeking space.

At around 99 people per approval, Coral Cove reflects a developing area. Looking ahead, Coral Cove is expected to grow by 304 residents through to 2041, according to the latest AreaSearch quarterly estimate. At current development rates, new housing supply should comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current population projections.

Coral Cove has emerging levels of nearby infrastructure activity, ranking in the 27thth percentile nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified two projects likely affecting this area: Ingenia Lifestyle Drift and Intersection Upgrade of Back Windermere and Barolin Homestead Roads at Coral Cove. Additionally, Mt Rawdon Pumped Hydro Project and Bruce Highway Upgrade Program are notable initiatives.

Professional plan users can use the search below to filter and access additional projects.

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Employment conditions in Coral Cove rank among the top 10% of areas assessed nationally

Coral Cove has a skilled workforce with essential services sectors well represented. Its unemployment rate was 0.1% in the past year, with an estimated employment growth of 8.3%.

As of June 2025818 residents are employed while the unemployment rate is 3.8% below Rest of Qld's rate of 3.9%. Workforce participation lags at 50.7%, compared to Rest of Qld's 59.1%. Key industries include health care & social assistance, education & training, and retail trade. Health care & social assistance has particularly notable concentration with employment levels at 1.5 times the regional average.

Construction, however, has limited presence at 6.6% compared to the regional average of 10.1%. Employment opportunities locally appear limited based on Census working population vs resident population data. Between June 2024 and June 2025, employment levels increased by 8.3%, labour force by 8.2%, reducing the unemployment rate by 0.1 percentage points. Rest of Qld recorded employment growth of 1.8% over the same period. Jobs and Skills Australia's national employment forecasts from Sep-22 suggest potential future demand within Coral Cove. National employment is forecast to expand by 6.6% over five years and 13.7% over ten years, with industry-specific projections suggesting local employment should increase by 7.0% over five years and 14.6% over ten years.

The area's income profile falls below national averages based on AreaSearch analysis

AreaSearch's latest postcode level ATO data released for financial year ended June 2022 indicates Coral Cove's median income among taxpayers is $49,009. The average income was $60,559 during this period. This is lower than the national average. In comparison, Rest of Qld had a median income of $50,780 and an average of $64,844 for the same financial year. Based on Wage Price Index growth of 13.99% from June 2022 to September 2025, current estimates suggest Coral Cove's median income would be approximately $55,865 and the average would be around $69,031 by that date. According to the Census conducted in August 2021, Coral Cove's household income ranks at the 42nd percentile with a weekly income of $1,620. Personal income is at the 21st percentile. The largest income segment comprises 30.3% of residents earning between $1,500 and $2,999 weekly, which totals 472 residents. This aligns with the regional trend where this cohort represents 31.7%. After housing expenses, 86.5% of income remains for other expenses. Coral Cove's SEIFA income ranking places it in the 5th decile.

Coral Cove is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

In Coral Cove, as per the latest Census evaluation, 98.1% of dwellings were houses, with the remaining 1.9% being other types such as semi-detached homes and apartments. This is in contrast to Non-Metro Qld's figures of 84.6% houses and 15.4% other dwellings. Home ownership in Coral Cove stood at 42.3%, similar to Non-Metro Qld, with mortgaged dwellings at 37.3% and rented ones at 20.4%. The median monthly mortgage repayment in the area was $1,655, higher than Non-Metro Qld's average of $1,300. The median weekly rent figure for Coral Cove was $373, compared to Non-Metro Qld's $285. Nationally, Coral Cove's mortgage repayments were lower at $1,655 versus the Australian average of $1,863, and rents were also lower at $373 compared to the national figure of $375.

Coral Cove features high concentrations of family households, with a higher-than-average median household size

Family households constitute 85.9% of all households, including 31.1% couples with children, 47.6% couples without children, and 7.7% single parent families. Non-family households comprise the remaining 14.1%, with lone person households at 11.6% and group households at 1.2%. The median household size is 2.7 people, larger than the Rest of Qld average of 2.4.

Coral Cove shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Coral Cove's educational attainment is notably high, with 23.5% of residents aged 15 and above holding university qualifications, compared to 13.3% in the broader SA4 region and 14.7% in the nearby SA3 area. Bachelor degrees are most prevalent at 16.1%, followed by postgraduate qualifications at 4.5% and graduate diplomas at 2.9%. Vocational credentials are also common, with 39.6% of residents aged 15 and above holding such qualifications – advanced diplomas at 11.2% and certificates at 28.4%. Educational participation is high, with 27.4% of residents currently enrolled in formal education, including 10.4% in primary education, 9.0% in secondary education, and 3.3% pursuing tertiary education.

Educational facilities appear to be located outside Coral Cove's immediate boundaries, requiring families to access schools in neighboring areas.

Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Coral Cove has eight active public transport stops, all offering bus services. These stops are served by one route in total, facilitating 12 weekly passenger trips collectively. The accessibility of transport is rated excellent, with residents on average being located 193 meters from the nearest stop.

Each stop sees an average service frequency of one trip per day, equating to approximately one weekly trip per individual stop.

Health performance in Coral Cove is lower than average with common health conditions somewhat prevalent across both younger and older age cohorts

Coral Cove faces significant health challenges with common health conditions prevalent across both younger and older age cohorts. The rate of private health cover is approximately 51% of the total population (~798 people), slightly lagging behind the average SA2 area's 48.0%.

The most common medical conditions are arthritis, impacting 10.6% of residents, and mental health issues, affecting 9.2%. A total of 64.0% of residents declare themselves completely clear of medical ailments, compared to 59.1% across Rest of Qld. Coral Cove has 29.2% of residents aged 65 and over (455 people), higher than the 26.3% in Rest of Qld. Health outcomes among seniors are particularly strong, performing better than the general population in health metrics.

Coral Cove ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

Coral Cove's cultural diversity was found to be below average, with 81.3% of its population born in Australia, 89.7% being citizens, and 93.6% speaking English only at home. The dominant religion in Coral Cove is Christianity, comprising 59.7% of the population, compared to 54.0% across the rest of Queensland. Regarding ancestry, the top three groups are English (31.1%), Australian (27.6%), and Irish (9.0%).

Notably, New Zealanders make up 1.6% of Coral Cove's population, higher than the regional average of 0.6%. South Africans comprise 1.1%, compared to a regional average of 0.2%, and French individuals constitute 0.8%, slightly above the regional average of 0.3%.

Coral Cove ranks among the oldest 10% of areas nationwide

Coral Cove's median age is 50 years, which is significantly older than Rest of Qld's 41 and higher than Australia's median of 38. The age profile shows that those aged 65-74 are particularly prominent at 18.5%, while the 25-34 group is smaller at 8.1% compared to Rest of Qld. This concentration of 65-74 year-olds is well above the national average of 9.4%. Post-Census data shows that the 75 to 84 age group has grown from 7.7% to 9.3%, while the 5 to 14 cohort has declined from 13.4% to 11.6%. Demographic modeling suggests that by 2041, Coral Cove's age profile will evolve significantly. The 65-74 age group is projected to grow steadily, increasing by 75 people (26%) from 288 to 364. Senior residents aged 65 and above will drive 51% of population growth, highlighting demographic aging trends. Meanwhile, the 15-24 age group is expected to contract by 0 residents.