Powered by MOMENTUM MEDIA
AREA REPORTS

Coorparoo

Suburb Profile

Coorparoo - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4151

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $965,250.

The upward trend in home prices in COORPAROO, 4151 averaged 4.66% per annum over a 3-year period.

Average weekly rents on listings have reached the $500 mark, reflecting a 2.69% increase in returns based on the current median price in COORPAROO.

An average of 14.67 real estate transactions take place per month in COORPAROO which translates to 176 per annum.

176 properties were sold in COORPAROO in 2016, making it the 618th most active market in QLD based on total real estate transactions.

COORPAROO, 4151 places 362nd in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $965,250 $380,000
GROWTH REPORT
Median Quarterly 1.61% 1.88%
Median 12 month 14.23% 2.7%
Median 3 years 13.99% -3.8%
Median 5 years 27.43% -4.64%
10 years average annual 3.95% 0.12%
Weekly media advert. rent $500 $375
Time on Market 54.3 days 55.6 days
Gross Rental Yield Percent 2.69% 5.13%
demographics (median values)
Total Population
13796
Weekly Household Income
1114
Household Size
2.10
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

auction

Capital cities to see busiest auction week since April

With over 1,500 homes scheduled to go under the hammer, the combined capital city auction market is set to see its busiest week since early ...

Looser lending restrictions: What do they really mean for borrowers?

Looser lending restrictions: What do they really mean for borrowers?

A relaxation of lending requirements may seem like a win for borrowers, but it’s not all cause for celebration. Like all things financial...

The biggest stories this week

Hot Property: The biggest stories this week

As Melbourne begins its path out of restrictions, falling state and national borders will again open up Australian real estate opportunities...

financial stress

Shared living a solution to loneliness, financial stress for older Australians: PRD

COVID-19 has highlighted several issues across the population, one of which being the impact of financial struggles and loneliness among old...

Perth

Perth vacancy rate hits 13-year low

Perth hits a rental crisis as its residential vacancy rate continues to rapidly decline, dropping to below 1 per cent for only the third ti...

Melbourne listings overtake Sydney as restrictions ease

Melbourne listings overtake Sydney as restrictions ease

Total advertised stock on market across Melbourne has increased by more than 300 per cent in four weeks as a result of easing restrictions, ...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.