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

Based on ABS population updates and AreaSearch validation, the estimated population of Coral Cove as of May 2026 is around 1,603. This reflects an increase of 141 people since the 2021 Census, which reported a population of 1,462. The change was inferred from AreaSearch's resident population estimate of 1,578 following examination of ABS's latest ERP data release in June 2025 and an additional 86 validated new addresses since the Census date. This level of population equates to a density ratio of 688 persons per square kilometer. Coral Cove's growth rate of 9.6% since the 2021 census exceeded both the SA3 area (9.1%) and the Rest of Qld, marking it as a growth leader in the region. Population growth was primarily driven by interstate migration contributing approximately 83.0% of overall population gains during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered and years post-2032, Queensland State Government's SA2 area projections released in 2023 based on 2021 data are adopted. These state projections do not provide age category splits; hence proportional growth weightings aligned with ABS Greater Capital Region projections released in 2023 based on 2022 data are applied when utilised. Future population dynamics anticipate an above median growth for regional areas, with the suburb expected to expand by 204 persons to reach a total of 1,807 by 2041, reflecting an increase of 11.2% over the 16 years.

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

Coral Cove has seen approximately 16 dwelling approvals annually based on AreaSearch analysis. From FY-21 to FY-25, about 81 homes were approved, with an additional 28 in FY-26. This results in around 43 people per dwelling approval.

The area shows characteristics of a growth area. New homes are constructed at an average value of $494,000. Coral Cove exhibits 65.0% higher development activity compared to the Rest of Qld on a per person basis. Recent data indicates 95.0% detached houses and 5.0% townhouses or apartments being built, maintaining the area's low density nature.

The average number of new residents per year per dwelling constructed has decreased from 1.2 over the past five financial years to 0.2 in the last two years. Future projections estimate Coral Cove will add 179 residents by 2041 at current development rates, suggesting comfortable supply meeting demand and potentially supporting population growth beyond current projections.

Coral Cove has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified two projects likely affecting the area: Ingenia Lifestyle Drift, Intersection Upgrade of Back Windermere and Barolin Homestead Roads at Coral Cove, Elliott Heads Growth Precinct - Water and Sewerage Infrastructure, Mt Rawdon Pumped Hydro Project. The following list details those most relevant.

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 significant representation in essential services sectors. Its unemployment rate is 0.3%, with an estimated employment growth of 7.6% over the past year, according to AreaSearch's aggregation of statistical area data. As of December 2025793 residents are employed while the unemployment rate is 3.8% below Regional Qld's rate of 4.0%.

Workforce participation in Coral Cove is 60.0%, compared to Regional Qld's 64.5%. According to Census responses, only 10.8% of residents work from home, though Covid-19 lockdown impacts should be considered. The primary industries for employment among residents are health care & social assistance, education & training, and retail trade. Coral Cove shows a strong specialization in health care & social assistance, with an employment share of 1.5 times the regional level.

Conversely, construction employs only 6.6% of local workers, below Regional Qld's 10.1%. The area appears to offer limited local employment opportunities, as indicated by the count of Census working population versus resident population. Over a 12-month period, employment increased by 7.6% alongside labour force increasing by 7.4%, causing the unemployment rate to fall by 0.2 percentage points. This contrasts with Regional Qld, where employment grew by 0.7%, labour force expanded by 1.0%, and unemployment rose by 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest potential future demand within Coral Cove. These projections indicate national employment should expand by 6.6% over five years and 13.7% over ten years, with varying growth rates across industry sectors. Applying these industry-specific projections to Coral Cove's employment mix suggests local employment should increase by 7.0% over five years and 14.6% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not account for localized population projections.

Income levels sit below national averages according to AreaSearch assessment

According to AreaSearch's aggregation of latest postcode level ATO data released for financial year ended June 2023, Coral Cove suburb had median income among taxpayers at $49,009 and average income at $60,559. These figures are lower than national averages, which stood at $53,146 (median) and $66,593 (average) for Regional Qld respectively during the same period. Based on Wage Price Index growth of 11.36% from June 2023 to March 2026, estimated median income in Coral Cove is approximately $54,576 and average income is around $67,439 as of March 2026. According to Australian Bureau of Statistics Census data for 2021, household income ranks at the 42nd percentile ($1,620 weekly) and personal income sits at the 21st percentile in Coral Cove. Income distribution shows that 30.3% of locals (485 people) fall into the $1,500 - 2,999 weekly category, similar to the surrounding region where this cohort represents 31.7%. After housing costs, 86.5% of income remains for other expenses. The area'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

Dwelling structure in Coral Cove, as evaluated at the latest Census, comprised 98.1% houses and 1.9% other dwellings. In comparison, Regional Qld had 76.4% houses and 23.6% other dwellings. Home ownership in Coral Cove was 42.3%, with mortgaged dwellings at 37.3% and rented ones at 20.4%. The median monthly mortgage repayment was $1,655, aligning with Regional Qld's average. Median weekly rent was $373, compared to Regional Qld's $345. Nationally, Coral Cove's mortgage repayments were lower than the Australian average of $1,863, while rents were less than 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 account for the remaining 14.1%, with lone person households at 11.6% and group households comprising 1.2%. The median household size is 2.7 people, larger than the Regional Queensland average of 2.5.

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

Educational attainment in Coral Cove is notably high, with 23.5% of residents aged 15 and above holding university qualifications. This compares to 13.3% in the broader SA4 region and 14.7% in the SA3 area. Bachelor degrees are most common at 16.1%, followed by postgraduate qualifications at 4.5% and graduate diplomas at 2.9%. Vocational credentials are also prevalent, with 39.6% of residents aged 15 and above holding them.

Advanced diplomas account for 11.2% and certificates for 28.4%. Educational participation is high, with 27.4% of residents currently enrolled in formal education. This includes 10.4% in primary education, 9.0% in secondary education, and 3.3% pursuing tertiary education.

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 serving buses. These stops are covered by one route in total, offering twelve weekly passenger trips collectively. Transport accessibility is rated excellent, with residents usually located 193 meters from the nearest stop. As a mainly residential area, most commuters travel outward, predominantly using cars at 98%. The average vehicle ownership per dwelling is 1.7, higher than the regional norm. Only 10.8% of residents work from home (2021 Census), which might reflect COVID-19 conditions.

Service frequency averages one trip daily across all routes, equating to about one weekly trip per individual stop.

Coral Cove's residents are extremely healthy with both young and old age cohorts seeing low prevalence of common health conditions

Analysis of health metrics indicates robust performance across Coral Cove.

AreaSearch's assessment of mortality rates and chronic condition prevalence shows both young and elderly cohorts have low incidence of common health issues. Private health cover is relatively low, at approximately 51% of the total population (~820 people). The most prevalent medical conditions are arthritis and mental health problems, affecting 10.6 and 9.2% of residents respectively. Notably, 64.0% of residents report no medical ailments, compared to 67.6% across Regional Qld. Working-age residents exhibit higher chronic health condition prevalence than average. Coral Cove has 29.4% of residents aged 65 and over (471 people), exceeding the 20.4% in Regional Qld. Health outcomes among seniors are notably strong, ranking even higher than the general population nationally.

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 population was found to be predominantly Australian-born, with 81.3% born in the country. A high proportion were citizens, at 89.7%, and English was spoken exclusively at home by 93.6%. Christianity was the predominant religion, practiced by 59.7% of residents, compared to 52.2% across Regional Qld.

In terms of ancestry, the top three groups were English (31.1%), Australian (27.6%), and Irish (9.0%). Some ethnic groups had notable representation differences: New Zealand-born residents made up 1.6%, higher than the regional average of 0.9%; South Australian-born residents comprised 1.1%, compared to 0.5% regionally; French-born residents constituted 0.8%, also higher than the regional average of 0.5%.

Coral Cove ranks among the oldest 10% of areas nationwide

Coral Cove's median age is 50 years, significantly older than Regional Queensland's 41 and Australia's median of 38. The age profile shows a prominence of those aged 65-74 (18.3%), compared to Regional Queensland and the national average of 9.4%. Post-2021 Census data indicates growth in the 75-84 age group from 7.7% to 9.2%, and an increase in the 85+ cohort from 0.8% to 1.9%. Conversely, the 5-14 age group has declined from 13.4% to 11.6%. By 2041, demographic modeling suggests significant changes in Coral Cove's age profile. The 65-74 cohort is projected to grow by 45 people (16%), from 293 to 339. Residents aged 65 and above will drive 54% of population growth, reflecting demographic aging trends. Meanwhile, both the 5-14 and 15-24 age groups are expected to decrease in number.