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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 $952,000.

The upward trend in home prices in COORPAROO, 4151 averaged 4% per annum over a 3-year period.

Average weekly rents on listings have reached the $520 mark, reflecting a 2.84% increase in returns based on the current median price in COORPAROO.

An average of 14.83 real estate transactions take place per month in COORPAROO which translates to 178 per annum.

178 properties were sold in COORPAROO in 2016, making it the 616th most active market in QLD based on total real estate transactions.

COORPAROO, 4151 places 508th 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 $952,000 $371,000
GROWTH REPORT
Median Quarterly -0.63% -0.84%
Median 12 month 11.28% 0.07%
Median 3 years 12% -13.22%
Median 5 years 25.93% -6.26%
10 years average annual 3.38% 0.04%
Weekly media advert. rent $520 $370
Time on Market 53.9 days 60.1 days
Gross Rental Yield Percent 2.84% 5.19%
demographics (median values)
Total Population
13796
Weekly Household Income
1114
Household Size
2.10
demographics
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