Suburb Profile Report for Cooran QLD (4569)

Cooran House: Median price $485,000, Annual capital growth 4.23%, 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 Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Cooran is in the TOP 20% in QLD when comparing median price capital growth over the last year. Cooran gave property investors a very good capital gain figure when compared to the rest of the state, with 8.99%.

The five-year average increase in median property values for Cooran,4569 has given property investors a potential capital gain of 56.20% across each of those five years.

The most recent median price for Cooran is $485000, with sellers offering an average of -4.96% off the asking price.

A $425 per week rent on the median house gives suburb investors a gross yield of circa 4.56%, without taking into account capital value appreciation, which has been averaging out at 4.23%.

Metrics i HOUSE UNIT
$485,000 N/A
3.19% N/A
8.99% N/A
4.23% N/A
$425 N/A
49 N/A
4.56% N/A
70.9268292682927 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 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)
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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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