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.