Coorparoo, QLD 4151: Suburb Profile & Property Report

Market Report

House report
Unit Report

Coorparoo has 209 houses available for sale. The median property price for a house is currently $1,590,000 with annual capital growth of 18.22% . There were 178 house sales in the past 12 months. On average, houses spend 30 days on market.

If you're thinking about buying an investment property in Coorparoo, consider that rental yields for houses are currently 2.61% with an average median rent of $650 weekly. Houses have seen 0.95% growth in the past quarter, and 18.22% growth in the past 12 months.

The size of Coorparoo is approximately 5.4 square kilometres. It has 31 parks covering nearly 10.1% of total area. The population of Coorparoo in 2011 was 14,944 people. By 2016 the population was 16,284 showing a population growth of 9.0% in the area during that time. The predominant age group in Coorparoo is 20-29 years.

Households in Coorparoo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coorparoo work in a professional occupation. In 2011, 52.7% of the homes in Coorparoo were owner-occupied compared with 52.1% in 2016.

Coorparoo has 219 units available for sale. The median property price for a unit is currently $639,500 with annual capital growth of 20.02% . There were 276 unit sales in the past 12 months. On average, units spend 11 days on market.

If you're thinking about buying an investment property in Coorparoo, consider that rental yields for units are currently 4.64% with an average median rent of $550 weekly. Units have seen 5.70% growth in the past quarter, and 20.02% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$1,590,000	$639,500
Quarterly growth	+0.95%	+5.70%
12-month growth	+18.22%	+20.02%
Average annual growth	+13.20%	+11.69%
Weekly median rent	$650	$550
Gross rental yield	2.61%	4.64%
Number of Sales (12m)	178	276
Avg. Days on Market (12m)	30	11

Jump to Market Trends

Key Demographics	2011	2016
Total population	14,944	16,284
Population change (5y)	+8.30%	+9.00%
Median household income (p/w)	$1,528	$1,801
Household income change (5y)	+31.16%	+17.87%
Median age of persons	34	35

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Coorparoo is $1,590,000 for houses and $639,500 for units.

The Median Growth in Coorparoo over the past 12 months is 18.22% for houses and 20.02% for units.

Over the past 12 months there were 178 houses sold and 276 units sold in Coorparoo. On average, houses spent 30 days on market and units spent 11 days on market.

In the past 12 months up to August 2024 there were 178 houses sold and 276 units sold in Coorparoo. On average, houses spent 30 days on market and units spent 11 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Coorparoo is $650 for houses and $550 for units.

The Rental Yield in Coorparoo is 2.61% for houses and 4.64% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Coorparoo was 16,284 in 2016, a +9.00% change compared to 2011.

The predominant age group in Coorparoo is 20-29 years.

The population of Coorparoo was 16,284 in 2016, a +9.00% change compared to 2011.

The predominant age group in Coorparoo is 20-29 years.

Most of the population in Coorparoo were born in Australia.

Most of the population in Coorparoo report their religion as No Religion.

Most of the population in Coorparoo report their religion as Catholic.

Most of the population in Coorparoo report their income range as between $78,000 and $130,000 .

The median household income in Coorparoo was $1,801 in 2016, a +17.87% change compared to 2011.

Most of the population in Coorparoo report their income range as between $78,000 and $130,000 .

The median household income in Coorparoo was $1,528 in 2011, a +31.16% change compared to 2006.

Most of the population in Coorparoo work as Professional.

The chart below demonstrates the various levels of education in Coorparoo.

Most of the population in Coorparoo reached a qualification level of Bachelor.

2011 2016

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