Suburb Profile Report for Cooran QLD (4569)

Cooran House: Median price $364,000, Annual capital growth 1.95%, Number of sales 45, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Cooran, 4569 have given investors a capital gain of -8.43%. This compares very badly with the 2.06% for QLD as a whole.

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

Property investors looking for a bargain in Cooran should be aiming for at least -6.19% off the asking price, which is the average vendor discount being achieved at the moment.

With the median price for a house in Cooran being $364000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 5.29%

HOUSE UNIT
$364,000 N/A
2.54% N/A
-8.43% N/A
1.95% N/A
$370 N/A
45 N/A
5.29% N/A
97.88 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 1457
Median household income ($/weekly) 850
Median age of persons 43
Median housing loan repayment ($/monthly) 1441
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 208 14.3
    35-44 years 209 14.3
    45-54 years 276 18.9
    55-64 years 227 15.6
    65-74 years 134 9.2
    Others 403 27.7
    Age Group
    Census Count Percent(%)
    Registered Married 487 46.2
    Not Married 411 39.0
    Defacto Relationship 157 14.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1132 81.1
    Greece 17 1.2
    Papua New Guinea 50 3.6
    United Kingdom 126 9.0
    Other 22 1.6
    Others 48 3.4
    Country of Birth
    Census Count Percent(%)
    Christianity 656 51.8
    No Religion 545 43.0
    Buddhism 40 3.2
    Other Religious Groups 21 1.7
    Hinduism 4 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 78 15.7
    $600-$799 72 14.5
    $800-$999 63 12.7
    $1,000-$1,249 53 10.7
    $1,500-$1,999 47 9.5
    Others 183 36.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 434 39.6
    Employed, worked full-time 300 27.3
    Employed, worked part-time 264 24.1
    Unemployed, looking for work 53 4.8
    Employed, away from work 46 4.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 123 20.2
    Technicians & trades workers 99 16.3
    Community & personal service workers 69 11.3
    Clerical & administrative workers 66 10.8
    Labourers 93 15.3
    Others 159 26.1
    Occupation
    Census Count Percent(%)
    Pre-school 14 4.8
    Infants/Primary 132 45.5
    Secondary 80 27.6
    Technical or Further Educational Institution 27 9.3
    University or other Tertiary Institutions 31 10.7
    Others 6 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1348 98.0
    House or flat attached to a shop, office 12 0.9
    Improvised home, tent, sleepers out 11 0.8
    Flat, unit or apartment 4 0.3
    Semi-detached, row or terrace house, townhouse 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 270 48.7
    Fully owned 172 31.0
    Rented 112 20.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals