Powered by MOMENTUM MEDIA
AREA REPORTS

Coolaroo

Suburb Profile

Coolaroo - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3048

house

Property investors enjoyed capital gains of 2.32% over the last 12 months in COOLAROO, translating to lower returns compared with its peers in VIC.

Figures from the previous quarter show that capital gains for real estate buyers in COOLAROO are low, as opposed to average gains per annum over the past five years.

The suburb posted a 10.37% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $360 based on current median home prices for the suburb.

On average, rents on listings have reached the $360 mark, reflecting a 4.14% increase in returns based on the current median price in COOLAROO.

COOLAROO, 3048 ranks 571st in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 126th on the list of best yielding suburbs for rental properties in VIC, posting a 4.14% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $452,500 N/A
GROWTH REPORT
Median Quarterly 2.32% N/A
Median 12 month 2.32% N/A
Median 3 years 10.37% N/A
Median 5 years 50.83% N/A
10 years average annual 4.12% N/A
Weekly media advert. rent $360 N/A
Time on Market 52.4 days N/A
Gross Rental Yield Percent 4.14% N/A
demographics (median values)
Total Population
3090
Weekly Household Income
660.2
Household Size
3.00
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

PROPERTY SHOWCASE: Investor struggles and how to overcome them

Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses that will help turbocha...

Commercial v residential investments

Commercial v residential investments

As someone who has invested extensively in both residential and commercial property, I have seen both sides of the fence when it comes to in...

Why commercial property is critical for your portfolio in 2021

Why commercial property is critical for your portfolio in 2021

Gone are the golden days where you could purchase residential properties with yields of 6, 7 or 8 per cent or build a self-sustaining prope...

Q&A: Scott O’Neill, Rethink Investing

Q&A: Scott O’Neill, Rethink Investing

In this special Q&A, Smart Property Investment speaks to the director of Rethink Investing, Scott O’Neill. ...

Perth

Perth’s sales listings hit 10-year low

Perth is experiencing an “extraordinary” decline in listing volumes, with sales listings hitting a 10-year low in February. ...

Brisbane property market update February 2021

This article will highlight what has been happening in the Brisbane Property Market during February 2021. ...

Website Notifications

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