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Suburb Insights ยท QLD 4895

Cooktown 4895, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Cooktown is a regional centre in Queensland, Australia, with a population of approximately 2,746, making it a boutique locality. Located approximately 1582 km from the Brisbane CBD, Cooktown is a regional area in Queensland. The median household income is $63,180 AUD per year (ABS 2021 Census).

Investment Score

27 / 100 Weak

Cooktown's income profile suggests a value-oriented market with competitive purchase prices. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Cooktown, Queensland, Australia.

Key Indicators

Postcode
4895

Official Australia Post postcode for Cooktown. A postcode may cover multiple suburbs.

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Population
2,746

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$230/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$63,180/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
1582 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,300/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
72% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Cooktown serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $230/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,300/month.

Investment Strategy

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Buy & Hold

Long-term holding in Cooktown requires careful assessment of local economic resilience.

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Rental Yield

Achieving strong cash flow in Cooktown is challenging at current rent-to-price ratios.

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Renovation / Flip

The resale market in Cooktown may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Cooktown property

Full Property Analysis

30-year projections for Cooktown

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Cooktown faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental pipeline in Cooktown is thinner โ€” flexible lease terms could help secure tenants faster. Investor sentiment toward Cooktown is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Cooktown a good suburb for investment?

Cooktown is a regional area in Queensland with a population of 2,746. The median rent is $230/week and the median household income is $63,180/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Cooktown?

Key demand drivers in Cooktown include regional employment hubs, lifestyle, and affordability. 72% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Cooktown?

According to the ABS 2021 Census, Cooktown has a population of approximately 2,746. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Cooktown from the Brisbane CBD?

Cooktown is approximately 1582 km straight-line distance from the Brisbane CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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