Suburb Profile Report for Coorparoo QLD (4151)

Coorparoo House: Median price $835,000, Annual capital growth 3.92%, Number of sales 155, Weekly median advertised rent $510

Coorparoo Unit: Median price $370,000, Annual capital growth 0.70%, Number of sales 167, Weekly median advertised rent $370

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: Monthly data update for May 2019 as supplied by CoreLogic. Data is reported to the period ending Feb 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 2967th 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 -2.98% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Coorparoo comes in at number 454th in QLD.

Property buyers and investors in Coorparoo 4151 should be seeing an average reduction in asking price of around -6.07% . This means that Coorparoo is holding prices well when compared to other suburbs in QLD.

If you compare the increase in value of investment property in Coorparoo, 4151 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -3.26%.

The five-year average increase in median property values for Coorparoo,4151 has given property investors a potential capital gain of -1.07% across each of those five years.

Our latest figures would indicate that property sellers in Coorparoo are currently offering property investors an average price cut of -5.98% below the asking price at the moment.

Coorparoo is 210th on a list of best yielding suburbs for rents in QLD with a 5.19% return

Metrics i HOUSE UNIT
$835,000 $370,000
0.00% -0.94%
-3.75% -3.12%
3.92% 0.70%
$510 $370
155 167
3.18% 5.20%
47.99099 61.546764

Source: Monthly data update for May 2019 as supplied by CoreLogic. Data is reported to the period ending Feb 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (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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