Suburb Profile Report for Coorparoo QLD (4151)

Coorparoo House: Median price $836,250, Annual capital growth 3.51%, Number of sales 174, Weekly median advertised rent $490

Coorparoo Unit: Median price $370,000, Annual capital growth 0.63%, Number of sales 163, Weekly median advertised rent $365

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
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At number 3153th in the list of Australian suburbs ordered by increase in median house value over the last year, Coorparoo, 4151 is in the BOTTOM 40% with a property value increase of -2.19% recorded in median house prices.

Coorparoo,4151 has offered an average of -2.19% return per annum in house price rises to property investors over the last three years.

Coorparoo4151 is located in QLD which offers an average discount of -7.42% to property investors. Coorparoo itself is showing figures that indicate -8.71% is the average achievable by property buyers investing in the suburb.

In the last year 174 properties changed hands in Coorparoo, which puts it as the 79th most active market in QLD when comparing the number of sales per suburb.

Situated 5.16km from the CBD, Coorparoo is one of Brisbane (C) localities in the postcode 4151.

Investment property in Coorparoo has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.13%

Coorparoo,4151 has offered an average of -5.13% return per annum in house price rises to property investors over the last three years.

Coorparoo4151 is located in QLD which offers an average discount of -6.45% to property investors. Coorparoo itself is showing figures that indicate -5.72% is the average achievable by property buyers investing in the suburb.

At number 882 in a list of fastest selling suburbs, Coorparoo is just in the bottom half of suburbs in Australia with an average of days on market 76.28 for properties listed there.

A $365 per week rent on the median house gives suburb investors a gross yield of circa 5.13%, without taking into account capital value appreciation, which has been averaging out at 0.63%.

Metrics i HOUSE UNIT
$836,250 $370,000
-3.32% -1.99%
-2.19% -5.13%
3.51% 0.63%
$490 $365
174 163
3.05% 5.13%
49.89 76.28

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload but we note that our providers routinely update data and we are currently working on a solution to include these retrospective updates.

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 14944
Median household income ($/weekly) 1523
Median age of persons 33
Median housing loan repayment ($/monthly) 2152
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1457 9.7
    20-24 years 1408 9.4
    25-34 years 3366 22.5
    35-44 years 2436 16.3
    45-54 years 1875 12.5
    Others 4402 29.5
    Age Group
    Census Count Percent(%)
    Not Married 5516 47.9
    Registered Married 4451 38.7
    Defacto Relationship 1539 13.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 10668 75.3
    Indonesia 432 3.0
    Papua New Guinea 544 3.8
    United Kingdom 550 3.9
    Other 769 5.4
    Others 1211 8.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 259 1.9
    Christianity 9127 67.1
    Hinduism 356 2.6
    Islam 241 1.8
    No Religion 3414 25.1
    Others 204 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 544 9.5
    $1,250-$1,499 478 8.4
    $1,500-$1,999 765 13.4
    $2,000-$2,499 562 9.8
    $2,500-$2,999 602 10.5
    Others 2770 48.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5976 50.0
    Not in the labour force 2798 23.4
    Employed, worked part-time 2329 19.5
    Employed, away from work 472 3.9
    Unemployed, looking for work 388 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 1081 12.3
    Professionals 3070 35.0
    Technicians & trades workers 818 9.3
    Community & personal service workers 754 8.6
    Clerical & administrative workers 1428 16.3
    Others 1624 18.5
    Occupation
    Census Count Percent(%)
    Pre-school 185 5.3
    Infants/Primary 1033 29.5
    Secondary 601 17.2
    Technical or Further Educational Institution 305 8.7
    University or other Tertiary Institutions 1247 35.6
    Others 131 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8450 60.1
    Flat, unit or apartment 4220 30.0
    Semi-detached, row or terrace house, townhouse 1378 9.8
    House or flat attached to a shop, office 6 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2826 46.0
    Being purchased 1848 30.1
    Fully owned 1440 23.5
    Other tenure type 23 0.4
    Tenure Type
Census 2011, ABS
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