Suburb Profile Report for Cooroy QLD (4563)

Cooroy House: Median price $485,000, Annual capital growth 3.24%, Number of sales 82, Weekly median advertised rent $450

Cooroy Unit: Median price $326,500, Annual capital growth 1.95%, Number of sales 16, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 8.99% for the last year, Cooroy, 4563 is the 1299th highest performer in Australia in this respect.

The five-year average increase in median property values for Cooroy,4563 has given property investors a potential capital gain of 9.11% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Cooroy is offering property investors an average of -7.23. This rate of discount on properties puts Suburb at number 529th in terms of most discounted suburbs in QLD

Cooroy, 4563’s gross rental yield is 4.82%

Property investors who have had real estate in Cooroy, 4563 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.83%

While Cooroy,4563 ranked number 51th in QLD for increase in median house value (annualised) increase, it is ranked 267th over the last 5 years.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.79% offered to property buyers. Sellers in Cooroy itself are offering an average vendor discount of -4.70% to real estate investors.

On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.

HOUSE UNIT
$485,000 $326,500
3.19% 3.65%
8.99% 8.83%
3.24% 1.95%
$450 N/A
82 16
4.82% N/A
100.87 103.93

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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