Suburb Profile Report for Coorparoo QLD (4151)

Coorparoo House: Median price $851,250, Annual capital growth 7.00%, Number of sales 186, Weekly median advertised rent $475

Coorparoo Unit: Median price $453,500, Annual capital growth 5.86%, Number of sales 266, Weekly median advertised rent $370

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Coorparoo, 4151 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 9.13%.

Coorparoo,4151 was ranked 2383 in Australia by increase in median property value over the quarter.

Vendor discounting in Coorparoo is giving property investors an average Vendor Discount of around -5.43%. This puts suburb at number 563th in QLD when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Coorparoo the average time real estate has been on the market is 62.33 days.

With the median price for a house in Coorparoo being $851250 and the advertised rent reaching $475 the gross rental yield for property investors calculates out to be 2.90%

Over the last year, property investments in Coorparoo, 4151 have given investors a capital gain of 9.28%. This compares very favourably with the 1.70% for QLD as a whole.

Over the longer term, Coorparoo has seen property prices show investors a 20.93% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -5.31% to buyers in Coorparoo at the moment, which is less than average for the rest of QLD.

The QLD suburb of Coorparoo, 4151 is in the Brisbane local government area.

HOUSE UNIT
$851,250 $453,500
0.15% -2.47%
9.13% 9.28%
7.00% 5.86%
$475 $370
186 266
2.90% 4.24%
62.33 67.37

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 14944
Median household income ($/weekly) 1523
Median age of persons 33
Median housing loan repayment ($/monthly) 2152
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1457 9.7
    20-24 years 1408 9.4
    25-34 years 3366 22.5
    35-44 years 2436 16.3
    45-54 years 1875 12.5
    Others 4402 29.5
    Age Group
    Census Count Percent(%)
    Not Married 5516 47.9
    Registered Married 4451 38.7
    Defacto Relationship 1539 13.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 10668 75.3
    Indonesia 432 3.0
    Papua New Guinea 544 3.8
    United Kingdom 550 3.9
    Other 769 5.4
    Others 1211 8.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 259 1.9
    Christianity 9127 67.1
    Hinduism 356 2.6
    Islam 241 1.8
    No Religion 3414 25.1
    Others 204 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 544 9.5
    $1,250-$1,499 478 8.4
    $1,500-$1,999 765 13.4
    $2,000-$2,499 562 9.8
    $2,500-$2,999 602 10.5
    Others 2770 48.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5976 50.0
    Not in the labour force 2798 23.4
    Employed, worked part-time 2329 19.5
    Employed, away from work 472 3.9
    Unemployed, looking for work 388 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 1081 12.3
    Professionals 3070 35.0
    Technicians & trades workers 818 9.3
    Community & personal service workers 754 8.6
    Clerical & administrative workers 1428 16.3
    Others 1624 18.5
    Occupation
    Census Count Percent(%)
    Pre-school 185 5.3
    Infants/Primary 1033 29.5
    Secondary 601 17.2
    Technical or Further Educational Institution 305 8.7
    University or other Tertiary Institutions 1247 35.6
    Others 131 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8450 60.1
    Flat, unit or apartment 4220 30.0
    Semi-detached, row or terrace house, townhouse 1378 9.8
    House or flat attached to a shop, office 6 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2826 46.0
    Being purchased 1848 30.1
    Fully owned 1440 23.5
    Other tenure type 23 0.4
    Tenure Type
Census 2011, ABS
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