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AusProp
Investment Brief
Generated 12 September 2026

Caboolture

Moreton Bay · QLD 4510

A fast-growing northern Moreton Bay hub, anchored by a ~$400M hospital redevelopment and the 30,000-home Caboolture West (Waraba) growth area.

Market snapshot

House
Unit
Median price
$860,000
$525,000
Rent / week
$625/wk
$475/wk
Gross yield
3.76%
4.70%
Growth (1yr)
+16.2%
Days on market17 days
Vacancy rate0.7%

Source: Your Investment Property Magazine (CoreLogic)

Supply risk

High supply risk15 major DAs approved

15 major approvals in the pipeline — significant new supply could soften rents short-term before population absorbs it.

~1,800
est. new dwellings

Active infrastructure (3)

Caboolture Hospital RedevelopmentHealth

A ~$399.5 million redevelopment of Caboolture Hospital. A new five-storey Clinical Services Building adding 130 beds — with an expanded emergency department, intensive care, cardiac care and operating theatres — opened in 2023, with staged refurbishment of the existing hospital continuing.

Under Construction · Est. 2026Queensland Government ↗
Beerburrum to Nambour Rail Upgrade (Stage 1)Transport

A ~$1 billion upgrade of the North Coast Line north of Caboolture — realigning track, removing level crossings and expanding park 'n' ride at Beerburrum, Landsborough and Nambour. Main works began in 2025, targeting completion in 2027.

Under Construction · Est. 2027Queensland Government ↗
Bruce Highway Western AlternativeTransport

A planned ~60km motorway corridor from Beerburrum to Kallangur running west of the Bruce Highway, jointly funded for planning by the Australian and Queensland governments. Stage 1 is identified through the Caboolture West growth area.

Planning & commercial signals (16)

Caboolture West (Waraba) — 30,000-Home Growth Area★ Major

One of South-East Queensland's largest greenfield growth areas, at around 3,156 hectares. It is planned for roughly 30,000 new homes and 70,000 residents with about 17,000 jobs over the long term. The Waraba Priority Development Area was declared in August 2024, and the Interim Structure Plan fast-tracks assessment of 13,000 homes over 15 years.

Riverbank Estate Subdivision — 124 Residential Lots★ Major

Development permit for the subdivision of land into 124 residential lots, including the construction of two detention basins as part of the ongoing Riverbank Estate expansion.

157-Dwelling Multiple Dwelling Development — Caboolture★ Major

Material change of use development permit for 157 dwellings in Caboolture. This is a substantial residential infill project that signals significant population growth and demand in the locality.

Mixed-Use Residential and Health Precinct in Caboolture

This DA involves a material change of use for 50 dwellings combined with health care, service industry, and food and drink outlets.

Subdivision Development Permit - 83 Lots in Caboolture

An application to extend the currency period for a development permit for the reconfiguration of a lot, creating 83 residential lots and a park.

Subdivision Development: 60 New Residential Lots in Caboolture

A development application for the reconfiguration of a lot, resulting in the subdivision of 4 existing lots into 60 new residential lots, inclusive of new road and drainage infrastructure.

Residential Subdivision - 35 New Lots in Caboolture

The application seeks a development permit for a 2 into 35 lot subdivision under a community title arrangement.

Rooming Accommodation — 75 Beds Proposed in Caboolture

Development application for a Material Change of Use to establish a 75-bed rooming accommodation facility in Caboolture.

Caboolture Multi-Dwelling Development — 62 Units Proposed

A development application for a Material Change of Use to facilitate the construction of 62 multiple dwellings in Caboolture.

Multiple Dwelling Development — 78 Dwellings in Caboolture

A Material Change of Use application for the construction of 78 multiple dwellings in Caboolture.

36-Unit Multiple Dwelling Development in Caboolture

The application proposes a Material Change of Use for 36 multiple dwellings in Caboolture.

Multiple Dwelling Development — 48 Units in Caboolture

A development application for a Material Change of Use to construct 48 multiple dwellings in Caboolture.

Multiple Dwelling Development — 31 Units in Caboolture

A development application for a Material Change of Use to construct a 31-dwelling multiple dwelling complex in Caboolture.

Multiple Dwelling Development — 87 Dwellings in Caboolture

A planning application for 87 dwellings submitted under a Superseded Planning Scheme in Caboolture.

50-Dwelling Residential Development and Subdivision in Caboolture

A Material Change of Use for 50 dwellings combined with a 1 into 3 lot subdivision.

Central Springs Stages 5 & 6 — 75-Lot Subdivision Approved

Large-scale residential subdivision reconfiguring 3 lots into 75 residential lots across two stages, with new roads and open space infrastructure. Part of the established Central Springs master-planned community in Caboolture.

Summary

Caboolture has 3 active infrastructure projects, headlined by Caboolture Hospital Redevelopment (under construction). Investment spans transport, hospital. The median house price is around $860k, with auction clearance steady and days on market steady; gross rental yield is about 3.76%.