With its affordable homes, multiple shopping options, rail access to Brisbane, parklands a quick trip to the beaches of Bribie and the Sunshine Coast, Caboolture is on the rise with home buyers.
Although parts of Caboolture have a reputation, overall residents recommend Caboolture’s way of life for its close knit community, sporting options and tranquil parks and gardens.
They key before jumping into a property is to thoroughly check out the neighbourhood and make sure it is for you!
History buffs will love Caboolture for its Historical Village, Warplane Museum and Abbey Museum. If you love getting into the great outdoors, Caboolture is close to d’Aguilar National Park, Mount Mee State Forest and the waterways of Pumicestone Passage, Moreton Bay and the Caboolture River.
Caboolture is a great place to raise family, with plenty of schools, parklands like Centenary Lakes, sporting clubs, shops and entertainment. As new developments are built, infrastructure and facilities follow, all of which add up to solid growth prospects.
The median house price in Caboolture has steadily risen over the past 5 years and now sits at $640,000 (up 11% over the past 12 months). The median unit prices has also risen and now sits at $348,000 (up 4% in the past 12 months). Rent returns are also high with yields of 4.7% for houses and 5.6% for units making the area very attractive for investors seeking
growth and yield.
If you’re considering making a splash in the Caboolture property market, talk to us about your borrowing power and options to make it happen.
At Bribie Island Lending we are local Sunshine Coast Mortgage Brokers who will find the best home loan for you.
*As of 13th May 2024
We are based on the beautiful Queensland coast, between the Sunshine Coast & Brisbane and we offer a complimentary home loan broking service.
Make an appointment today for an obligation-free chat, to talk about what you need and how we can help.
*This article is general information only and does not constitute financial advice. Your personal circumstances will need to be assessed before any product or proposal is recommended. Mark Hind is an Authorised Credit Representative (ACR 519951) of Outsource Finance Pty Ltd, Australian Credit Licence 384324.
You've seen the ads a big, bold interest rate that looks incredibly competitive. But there's another number sitting quietly beside it that tells a very different story.
The RBA has lifted the cash rate to 4.35%, and most lenders are expected to pass it on. If you've got a mortgage in the Moreton Bay region, your repayments are likely going up.
When the Reserve Bank of Australia raises the cash rate, it can directly affect home loan interest rates and mortgage repayments.
Whether you're just starting to explore your options or ready to move Mark and the team are here to help. Get in touch for a no-obligation chat and find out what's possible for your situation.
