Suburb Profile Report for Cooran QLD (4569)

Cooran House: Median price $480,000, Annual capital growth 4.17%, Number of sales 49, Weekly median advertised rent $425

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Property investors who have had real estate in Cooran, 4569 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.90%

If we look at median property appreciation over just the last three months, Cooran has given property investors a paper return of -1.03%. This puts Suburb as 577 on a list of fastest fasting appreciating suburbs in QLD

Cooran4569 is located in QLD which offers an average discount of -6.92% to property investors. Cooran itself is showing figures that indicate -4.70% is the average achievable by property buyers investing in the suburb.

At number 836 in a list of fastest selling suburbs, Cooran is in the TOP 30% of suburbs in Australia with an average of days on market 62.119 for properties listed there.

A $425 per week rent on the median house gives suburb investors a gross yield of circa 4.60%, without taking into account capital value appreciation, which has been averaging out at 4.17%.

Metrics i HOUSE UNIT
$480,000 N/A
-1.03% N/A
6.90% N/A
4.17% N/A
$425 N/A
49 N/A
4.60% N/A
62.1190476190476 N/A

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Cooran QLD
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
Chart Table