Coolaroo vs Murrawee
Property investment comparison - Coolaroo, VIC 3048 vs Murrawee, VIC 3586
Head-to-head across core investment metrics: Coolaroo wins 1, Murrawee wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Coolaroo | Murrawee |
|---|---|---|
| Median house price | $645K | $645K |
| Median unit price | $860K | $390K |
| Gross rental yield (houses) | 4.03% | - |
| Gross rental yield (units) | 3.31% | - |
| 1-year house growth | +6.4% | - |
| 3-year house growth | +21.6% | - |
| Vacancy rate | 1.6% | 1.6% |
| Population | 3,193 | 126 |
Coolaroo vs Murrawee: what the numbers say
Houses cost about the same in both suburbs: the median house price is $645K in Coolaroo and $645K in Murrawee.
For units, Coolaroo sits at a median of $860K against $390K in Murrawee, which makes Murrawee the more affordable unit market and Coolaroo the pricier one.
Rental vacancy is 1.6% in Coolaroo and 1.6% in Murrawee, so landlords in Coolaroo face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Coolaroo is the bigger suburb, with a population of 3,193 against 126, roughly 25 times the size of Murrawee; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Coolaroo for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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