The size of Caloola is approximately 132.4 square kilometres. The population of Caloola in 2011 was 361 people. By 2016 the population was 78 showing a population decline of 78.4% in the area during that time. The predominant age group in Caloola is 40-49 years. Households in Caloola are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caloola work in a managers occupation. In 2011, 79.8% of the homes in Caloola were owner-occupied compared with 52.1% in 2016..
Caloola has 88 properties. As at 31 October 2024:
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