Suburb Profile Report for Cooroy QLD (4563)

Cooroy House: Median price $470,000, Annual capital growth 2.98%, Number of sales 87, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

Investment property in Cooroy has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.62%

A 10.59% growth in median value for property investors in Cooroy,4563 puts this suburb at number 553th in terms of best performing suburbs in QLD

Sellers are offering property buyers an average discount of -5.81% to buyers in Cooroy at the moment, which is less than average for the rest of QLD.

On average over the past year, suburb has had 7.25 sales per month, which equates to 87 per year.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 2.98%, investors should hope to achieve an overall return of 4.98%

HOUSE UNIT
$470,000 N/A
-0.84% N/A
2.62% N/A
2.98% N/A
$450 N/A
87 N/A
4.98% N/A
105.08 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 3459
Median household income ($/weekly) 851
Median age of persons 45
Median housing loan repayment ($/monthly) 1650
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 493 14.3
    35-44 years 417 12.1
    45-54 years 484 14.0
    55-64 years 471 13.6
    65-74 years 399 11.5
    Others 1195 34.5
    Age Group
    Census Count Percent(%)
    Registered Married 1213 49.3
    Not Married 1020 41.5
    Defacto Relationship 227 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2718 83.8
    Greece 31 1.0
    Papua New Guinea 105 3.2
    United Kingdom 231 7.1
    Other 47 1.4
    Others 111 3.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 46 1.5
    Christianity 2030 65.7
    Hinduism 9 0.3
    Other Religious Groups 14 0.5
    No Religion 982 31.8
    Others 8 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 137 11.2
    $400-$599 192 15.7
    $600-$799 153 12.5
    $800-$999 151 12.3
    $1,500-$1,999 122 10.0
    Others 470 38.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1187 45.4
    Employed, worked full-time 687 26.3
    Employed, worked part-time 567 21.7
    Unemployed, looking for work 95 3.6
    Employed, away from work 81 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 186 13.9
    Technicians & trades workers 231 17.3
    Community & personal service workers 171 12.8
    Clerical & administrative workers 182 13.6
    Labourers 172 12.9
    Others 395 29.5
    Occupation
    Census Count Percent(%)
    Pre-school 46 6.5
    Infants/Primary 316 44.4
    Secondary 219 30.8
    Technical or Further Educational Institution 43 6.0
    University or other Tertiary Institutions 67 9.4
    Others 20 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2971 93.1
    Semi-detached, row or terrace house, townhouse 56 1.8
    Flat, unit or apartment 126 3.9
    Caravan, cabin, houseboat 22 0.7
    House or flat attached to a shop, office 12 0.4
    Others 3 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 533 40.4
    Being purchased 425 32.2
    Rented 351 26.6
    Other tenure type 9 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals