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 analysis of ABS population updates for the broader area and new addresses validated by AreaSearch, as of Feb 2026, the estimated population of Coral Cove is around 1,578. This reflects an increase of 116 people since the 2021 Census, which reported a population of 1,462. The change is inferred from the resident population of 1,504 estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional 91 validated new addresses since the Census date. This level of population equates to a density ratio of 677 persons per square kilometer. Over the past decade, Coral Cove has demonstrated resilient growth patterns with a compound annual growth rate of 2.2%, outpacing the SA3 area. Population growth for the suburb was primarily driven by interstate migration that contributed approximately 83.0% of overall population gains during recent periods.

AreaSearch is adopting 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. It should be noted that these state projections do not provide age category splits; hence where utilised, AreaSearch is applying proportional growth weightings in line with the ABS Greater Capital Region projections released in 2023 based on 2022 data for each age cohort. As we examine future population trends, an above median population growth of non-metropolitan areas nationally is projected. Based on aggregated SA2-level projections, the suburb is expected to increase by 253 persons to 2041, reflecting an increase of 18.8% in total over the 17 years.

AreaSearch assessment of residential approval activity sees Coral Cove among the top 30% of areas assessed nationwide

Coral Cove has received approximately 18 dwelling approvals annually over the past five financial years, totalling around 90 homes. In FY26 so far, there have been 23 recorded approvals. Over these five years, an average of 2.2 new residents per year has been associated with each dwelling.

The average construction cost value for new homes in Coral Cove is $494,000, which is moderately above regional levels and indicates a focus on quality construction. Compared to the Rest of Qld, Coral Cove shows 82.0% higher development activity per person. This high level of developer interest is significantly above the national average. New development in Coral Cove consists of 91.0% standalone homes and 9.0% attached dwellings, maintaining the area's traditional low density character with a focus on family homes. As of around 39 people per approval, Coral Cove reflects an area experiencing growth.

According to AreaSearch's latest quarterly estimate, Coral Cove is expected to grow by approximately 296 residents by 2041. At current development rates, new housing supply should comfortably meet demand in the area, providing good conditions for buyers 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 this region: Ingenia Lifestyle Drift and the Intersection Upgrade of Back Windermere and Barolin Homestead Roads at Coral Cove. Additionally, the Elliott Heads Growth Precinct - Water and Sewerage Infrastructure and Mt Rawdon Pumped Hydro Project are notable initiatives.

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Income levels sit below national averages according to AreaSearch assessment

The suburb of Coral Cove had a median income among taxpayers of $49,009 and an average income of $60,559 in the financial year 2023, according to ATO data aggregated by AreaSearch. These figures are lower than those for Rest of Qld's, which were $53,146 and $66,593 respectively. Based on a Wage Price Index growth rate of 9.91% since financial year 2023, estimated incomes as of September 2025 would be approximately $53,866 (median) and $66,560 (average). Census data indicates that household income ranks at the 42nd percentile ($1,620 weekly), with personal income at the 21st percentile. Income distribution shows that 30.3% of Coral Cove's community earns between $1,500 and $2,999 (478 individuals), similar to the regional figure of 31.7%. After housing expenses, 86.5% of income remains for other expenses. The suburb'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

Coral Cove's dwelling structure, as per the latest Census, consisted of 98.1% houses and 1.9% other dwellings (semi-detached, apartments, 'other' dwellings). This contrasts with Non-Metro Qld's 76.4% houses and 23.6% other dwellings. Home ownership in Coral Cove stood at 42.3%, with mortgaged dwellings at 37.3% and rented ones at 20.4%. The median monthly mortgage repayment was $1,655, aligning with Non-Metro Qld's average. The median weekly rent figure was $373, compared to Non-Metro Qld's $345. Nationally, Coral Cove's mortgage repayments were lower at $1,655 versus Australia's $1,863, and rents were less 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 account for 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 constitute 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 Rest of Qld average of 2.5.

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 exceeds broader benchmarks. Among residents aged 15+, 23.5% possess university qualifications, compared to 13.3% in the SA4 region and 14.7% in the SA3 area. Bachelor degrees are most common at 16.1%, followed by postgraduate qualifications (4.5%) and graduate diplomas (2.9%). Vocational credentials are also prevalent, with 39.6% of residents 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. 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 of which are bus stops. These stops are served by one route in total, offering 12 weekly passenger trips collectively. Transport accessibility is rated excellent, with residents typically located 193 meters from the nearest stop. Most residents commute outward due to Coral Cove's primarily residential nature. Cars remain the dominant mode of transport at 98%. Vehicle ownership averages 1.7 per dwelling, higher than the regional average.

According to the 2021 Census, only 10.8% of residents work from home, which may be influenced by COVID-19 conditions. Service frequency averages one trip per day across all routes, equating to approximately one weekly trip per individual stop.

Coral Cove's residents are extremely healthy with very low prevalence of common health conditions across all age groups

Analysis of health metrics indicates robust performance across Coral Cove.

AreaSearch's assessment reveals very low prevalence of common health conditions across all age groups. The rate of private health cover is relatively low at approximately 51% of the total population (~807 people). The most prevalent medical conditions are arthritis and mental health issues, affecting 10.6 and 9.2% of residents respectively. 64.0% of residents declare themselves completely clear of medical ailments, compared to 67.6% across Rest of Qld. Working-age residents exhibit an above-average prevalence of chronic health conditions. As of 29.9%, Coral Cove has a higher proportion of residents aged 65 and over (471 people) than the rest of Qld at 20.4%. Despite this, health outcomes among seniors are strong, aligning with national rankings for the general population.

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. Christianity was the main religion in Coral Cove, comprising 59.7% of people, compared to 52.2% across Rest of Qld. The top three ancestry groups were English (31.1%), Australian (27.6%), and Irish (9.0%).

Notably, certain ethnic groups had higher representation than regional averages: New Zealand at 1.6% vs 0.9%, South African at 1.1% vs 0.5%, and French at 0.8% vs 0.5%.

Coral Cove ranks among the oldest 10% of areas nationwide

Coral Cove's median age stands at 50 years, significantly older than Rest of Qld's 41 and Australia's median of 38. The age profile shows a prominence of individuals aged 65-74 (18.8%), compared to the national average of 9.5%. Meanwhile, the 25-34 group is smaller at 8.3%, compared to Rest of Qld. Post-2021 Census data shows growth in the 75-84 age group from 7.7% to 9.5%, and an increase in the 25-34 cohort from 7.2% to 8.3%. Conversely, the 5-14 age group has declined from 13.4% to 11.1%. By 2041, demographic modeling projects significant changes in Coral Cove's age profile. The 65-74 cohort is expected to grow by 68 people (23%), expanding from 296 to 365. Conversely, the 15-24 age range is projected to fall by 3 individuals.