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Coorparoo, QLD 4151

Home » QLD Real Estate Data » Eastern Brisbane, QLD » Coorparoo, QLD 4151

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Coorparoo, QLD 4151 located in Brisbane to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

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3BR

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Rent 

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Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

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Rent 

1BR

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Yield 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Coorparoo, QLD 4151”

  1. The total adult population (15 years or older) of Coorparoo 4151 QLD is 15,449, with a median age of 35. Of those, 38.87% are married, 10.35% are divorced or separated, 46.74% are single and 4.04% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $11,384. The median monthly mortgage repayment for households in this suburb is $2,047 which is 17.98% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Coorparoo, postcode 4151, positioned harmoniously within the heart of Queensland, encompasses an estimated total of 10,136 households. As we enter Q3 of 2023, Coorparoo presents a enticing investment dynamics, particularly in the housing department.

    The typical prices for houses in Coorparoo are attracting attention with an average purchasing price set at a meaningful $1,382,075 AUD. With median weekly rent fees located at $646, the indicative yield is standing at approximately 2.43%, not meeting the minimum market requirement of 3% for cashflow-focused investors. Nevertheless, it’s important to consider the blend of other market indicators to get the comprehensive view of the market.

    Although the yield may seem slightly less appealing, the suburb boasts a socio-economic standing with an IRSAD score of 1099 out of 1217, indicative of a robust socio-economic status within the populace of the area.

    The renter to owner ratio in Coorparoo is currently at a questionable level of 45%, inclined towards rental oversaturation, which could potentially decrease long-term returns due to higher competition among property investors. It is further corroborated by the units to houses ratio of 51%, a ratio that suggests potential oversupply and may instigate a competitive edge among landlords for tenants.

    The affordability index, representing the estimated tenure necessary to fully own a property, stands at an unfortunate 48 years, hinting decreased affordability. This factor should be taken into account as it can potentially affect the demand for houses in this area.

    Equally notable is the stock on market Percentage for houses which sits comfortably at 0.34%, indicating a favourable low supply condition. Similarly encouraging is the inventory level for houses, which stands at an optimal 1.18 months, flagging an efficient, absorption rate of new listings into the market. The building approvals Ratio for houses, aligning with a touch higher at 0.64%, still indicates a low supply situation.

    Houses in Coorparoo typically spend 26 days on the market, an attractive metric for investors with it indicating a high demand investment environment. Moreover, the suburb exhibits a healthy suitability for investment with the combined vacancy rate (for both houses and units) remaining low at an appealing 1.15%.

    Lastly, the buy search index for houses, residing at the lower end of the neutral zone at 4, indicating modest demand from potential buyers. Despite a few metrics being on the unfavourable end, Coorparoo’s housing market still has solid grounds to be considered for investment, especially when considering comprehensive tools like HtAG Analytics’ Relative Composite Score (RCS), providing a holistic view of over 80 metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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