An airstrip was first established at Caboolture prior to 1965 by Norman Douglas Thurecht who would later be a founding member of the Redcliffe Aero Club, after being denied permission to construct an airport at the present site of the Redcliffe Aerodrome owing to a lack of radar coverage in an area with close proximity to the busy Archerfield and Eagle Farm airports serving the city of Brisbane.

In addition to general aviation, recreational and flight training users, the airport is a popular facility for the servicing and restoration of vintage aircraft.

A number of organisations operate from Caboolture, including the Australian Aviation Heritage Centre (Queensland) Incorporated (formerly the Beaufort Restoration Group),[5] and Complete Aircraft Care.

Currently, the collection includes a P-51D Mustang, SNJ and Winjeel as well as a French built World War I Nieuport 17 fighter, as well as displays of aviation memorabilia and aircraft engines.

While the airport charges no landing fees for visiting aircraft, a number of hazards exist which make Caboolture challenging for pilots who are unfamiliar with the facilities.

Significant bird and wildlife hazards exist on the runways,[9] due in part to the airfield not being fenced and in close proximity to a landfill site.