Suburb Profile Report for Cooroibah QLD (4565)

Cooroibah House: Median price $581,750, Annual capital growth 2.86%, Number of sales 49, Weekly median advertised rent $565

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

Source: CoreLogic

  • House Report

QLD has seen average median house prices change by 2.41% which means that Cooroibah, 4565 has done well for property investors by showing a capital gain of 2.96% over the last year

The five-year average increase in median property values for Cooroibah,4565 has given property investors a potential capital gain of 8.74% across each of those five years.

Property buyers and investors in Cooroibah 4565 should be seeing an average reduction in asking price of around -6.65% . This means that Cooroibah is holding prices well when compared to other suburbs in QLD.

At number 2969 in a list of fastest selling suburbs, Cooroibah is in the bottom 30% of suburbs in Australia with an average of days on market 110.04 for properties listed there.

Using the current median advertised rental of $565 and the average annual increase in value of a median property of 2.86%, investors should hope to achieve an overall return of 5.05%

Metrics i HOUSE UNIT
$581,750 N/A
-3.04% N/A
2.96% N/A
2.86% N/A
$565 N/A
49 N/A
5.05% N/A
110.04 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Good (U)
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Demographics
Total population 1742
Median household income ($/weekly) 1078
Median age of persons 43
Median housing loan repayment ($/monthly) 2000
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 261 15.0
    35-44 years 245 14.1
    45-54 years 334 19.2
    55-64 years 273 15.7
    65-74 years 162 9.3
    Others 467 26.8
    Age Group
    Census Count Percent(%)
    Registered Married 677 54.5
    Not Married 433 34.9
    Defacto Relationship 132 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1281 78.7
    Greece 16 1.0
    Papua New Guinea 60 3.7
    United Kingdom 176 10.8
    Other 43 2.6
    Others 51 3.1
    Country of Birth
    Census Count Percent(%)
    Christianity 1062 68.8
    No Religion 457 29.6
    Buddhism 17 1.1
    Hinduism 4 0.3
    Islam 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 52 10.9
    $600-$799 52 10.9
    $800-$999 57 11.9
    $1,000-$1,249 54 11.3
    $1,500-$1,999 71 14.9
    Others 192 40.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 453 34.5
    Employed, worked full-time 376 28.6
    Employed, worked part-time 347 26.4
    Unemployed, looking for work 79 6.0
    Employed, away from work 59 4.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 101 13.0
    Technicians & trades workers 143 18.4
    Clerical & administrative workers 110 14.1
    Sales 109 14.0
    Labourers 95 12.2
    Others 221 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 20 5.0
    Infants/Primary 172 42.9
    Secondary 127 31.7
    Technical or Further Educational Institution 28 7.0
    University or other Tertiary Institutions 39 9.7
    Others 15 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1616 99.5
    Flat, unit or apartment 8 0.5
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 278 49.6
    Fully owned 196 34.9
    Rented 87 15.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals