Suburb Profile Report for Cooran QLD (4569)

Cooran House: Median price $620,000, Annual capital growth 5.99%, Number of sales 43, Weekly median advertised rent $460

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Cooran has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 27.84% to date .

Comparing Cooran,4569 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

On average over the past year, suburb has had 3.58 sales per month, which equates to 43 per year.

Advertised rents are around the $460 mark per week – giving a return of 3.86% based on the median price in Suburb

Metrics i HOUSE UNIT
$620,000 N/A
4.11% N/A
27.84% N/A
5.99% N/A
$460 N/A
43 N/A
3.86% N/A
37.1428571428572 N/A

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (U), Good (H)
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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
Chart Table