Suburb Profile Report for Coorparoo QLD (4151)

Coorparoo House: Median price $850,000, Annual capital growth 6.45%, Number of sales 174, Weekly median advertised rent $495

Coorparoo Unit: Median price $432,250, Annual capital growth 4.65%, Number of sales 269, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2231th in the list of Australian suburbs ordered by increase in median house value over the last year, Coorparoo, 4151 is in the BOTTOM 50% with a property value increase of 4.29% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Coorparoo,4151 has racked up an average of 4.29% over the period. This ranks it number 1460th in the whole country for real estate investors looking at median house price increases.

Coorparoo4151 is located in QLD which offers an average discount of -7.21% to property investors. Coorparoo itself is showing figures that indicate -5.55% is the average achievable by property buyers investing in the suburb.

In the last year 174 properties changed hands in Coorparoo, which puts it as the 85th most active market in QLD when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $5940 per annum or $495 every week.

Coorparoo has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 1.71% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Coorparoo has increased when compared to the 5 year average annual rate.

The most recent median price for Coorparoo is $432250, with sellers offering an average of -5.99% off the asking price.

At number 751 in a list of fastest selling suburbs, Coorparoo is just in the bottom half of suburbs in Australia with an average of days on market 76.47 for properties listed there.

Metrics i HOUSE UNIT
$850,000 $432,250
0.00% -3.84%
4.29% 1.71%
6.45% 4.65%
$495 $360
174 269
3.03% 4.33%
59.45 76.47

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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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