At number 1046th in the list of Australian suburbs ordered by increase in median house value over the last year, Coolaroo, 3048 is in the top 30% with a property value increase of 10.55% recorded in median house prices.
Over the longer term, Coolaroo has seen property prices show investors a 16.81% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Coolaroo is giving property investors an average Vendor Discount of around -4.69%. This puts suburb at number 428th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Coolaroo the average time real estate has been on the market is 27.77 days.
Advertised rents are around the $312.5 mark per week – giving a return of 4.92% based on the median price in Suburb