Coral Cove (Qld)

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Based on demographic evaluations from official statistics and fresh residential address validations by Districts following the census, the head count in the suburb of Coral Cove is calculated at approximately 1,603 in May 2026. This represents an addition of 141 individuals (9.6%) relative to the 1,462 citizens recorded in the 2021 Census. The calculation is derived from a local resident base of 1,578, computed by Districts using the June 2025 population update from the statistics bureau, supplemented by 86 confirmed new properties since the census date. This population level produces a density of 688 residents per square kilometer, which aligns closely with typical regional averages. The growth rate of 9.6% since the 2021 census outperformed the 9.1% recorded in the SA3 region and exceeded the Rest of Qld average, establishing the area as a regional growth hotspot. Most of this population expansion stemmed from arrivals from other states, who made up about 83.0% of the overall population increases in recent times.

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The local workforce is characterized by strong skill levels and a solid presence in essential service industries, with a jobless rate of only 0.3% and an estimated annual job growth of 4.0% based on regional statistics. In March 2026, there are 783 employed locals, while the unemployment rate sits 3.7% below the Regional Qld average of 3.9%, and the labor participation rate is somewhat lower than the benchmark, at 59.3% compared to 64.3% in Regional Qld. Census data indicates that only a small portion of the workforce, 10.8%, performed their roles from home, although pandemic-related restrictions should be taken into account.

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According to tax data from FY 2023, taxpaying residents in the suburb of Coral Cove earn a median income of $49,009 and an average of $60,559. These figures sit below national benchmarks, and compare to a median of $53,146 and an average of $66,593 in Regional Qld. Accounting for a Wage Price Index increase of 11.36% since the 2023 financial year, current estimates point to a median of $54,576 and an average of $67,439 in March 2026. Census statistics from 2021 place local household incomes at the 42nd percentile ($1,620 weekly) and personal incomes at the 21st percentile. The largest income bracket contains 30.3% of earners who make between $1,500 and $2,999 per week (485 residents), which aligns with the broader region where fall into this range. Discretionary funds remaining after housing costs stand at of income, and the local socio-economic index for income ranks in the th decile.

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The mix of housing types in the suburb of Coral Cove at the latest census consisted of 98.1% single-family homes and 1.9% other property types like townhouses and apartments, compared to 76.4% houses and 23.6% other properties in Regional Qld. Home ownership rates were exceptionally high at 42.3%, with the remaining properties being purchased under a mortgage (37.3%) or rented (20.4%). The median monthly home loan payment of $1,655 matched the Regional Qld average, while the median weekly rental cost was $373, compared to Regional Qld figures of $1,655 and $345. Locally, mortgage costs are much lower than the Australian median of $1,863, and weekly rents are also below the national average of $375.

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Families make up the vast majority of households at 85.9%, consisting of couples with children at 31.1%, couples without children at 47.6%, and single parents at 7.7%. Non-family households account for 14.1% of the total, with single occupants at 11.6% and shared housing at 1.2%. The median household size of 2.7 people is higher than the Regional Qld average of 2.5.

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Academic credentials in the suburb of Coral Cove are notably higher than regional standards, with 23.5% of residents aged 15+ holding a university degree, compared to 13.3% in the SA4 region and 14.7% in the SA3 area. This educational profile positions the community well for professional services and knowledge industries. Undergraduate degrees are held by 16.1% of residents, followed by postgraduate degrees (4.5%) and graduate diplomas (2.9%). Vocational training is also common, with 39.6% of residents aged 15 and over holding technical qualifications, consisting of advanced diplomas (11.2%) and certificates (28.4%).

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Public transport services in the suburb of Coral Cove include 8 active stops served by bus routes. These facilities run 1 different routes, providing a total of 12 passenger trips per week. Access to transport is highly rated, with typical residences situated 193 meters from the nearest stop. The community is largely residential, meaning most workers travel outside the area for employment, with private vehicles remaining the primary mode of travel at 98%. Households own an average of 1.7 cars, exceeding the regional average. A relatively small 10.8% of the workforce worked from home, according to the 2021 Census, which may have been influenced by pandemic conditions.

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Health assessments indicate good physical well-being across the suburb of Coral Cove, with lower rates of common illnesses among both youth and senior groups, while private health insurance coverage is held by a relatively modest 51% of the population, representing about 820 people.

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The demographic makeup of the suburb of Coral Cove shows lower levels of multicultural diversity, with 81.3% of residents born in Australia, 89.7% holding citizenship, and 93.6% using only English at home. Christianity is the predominant religious affiliation, practiced by 59.7% of the local population, compared to 52.2% across Regional Qld.

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The median age of 50 years in the suburb of Coral Cove is significantly older than the Regional Qld median of 41 and the national median of 38. The age distribution shows a high proportion of people aged 65 to 74 (18.3%), whereas the 25 to 34 age bracket is smaller (8.0%) than in Regional Qld. The proportion of residents aged 65 to 74 is much higher than the national figure of 9.4%. Post-census statistics reveal that the 75 to 84 cohort grew from 7.7% to 9.2% of the population, and the 85+ group rose from 0.8% to 1.9%. In contrast, children aged 5 to 14 dropped from to . Future demographic modeling suggests the local age profile will change by with the to cohort expected to grow by people () from to . Residents aged and over are projected to account for of all population growth, highlighting local aging trends, while the to and to age groups are expected to shrink.

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Coral Cove currently has an estimated 73 children under 5 years old, comprising approximately 41 children aged 0-2 and 28 children aged 3-4. This cohort grew by an estimated 20% since the previous census. while population forecasts indicate future growth, with an anticipated increase of 22% by 2041 (to approximately 89 children). Meanwhile the 5-12 cohort currently amounts to 122. While growth has been positive birth rates observed in the area have been low, with approximately 7.5 births per 1,000 residents recorded over the latest two-year period analysed which ranks the area among the bottom 20% of areas assessed nationally.