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Cooran, QLD 4569

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Strong Growth

Median House

$995,000

market range $950K-$1.0M

Median Unit

$700,000

Gross Yield (houses)

3.6%

1yr Growth (houses)

+10.0%

market range +5.0% to +17.5%

Investment snapshot for Cooran

Cooran has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Cooran market and investor summary

In Cooran, QLD 4569, the median house sells for around $995K, on a gross rental yield of 3.6% for houses. House prices have moved +10.0% over the past year. At 3.3% vacancy, it is a softer rental market with more choice for tenants.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.6% is neither a standout cashflow play nor a pure growth bet.

Living in Cooran: people, income and schools

About 1,756 people live in Cooran, and the area has been growing steadily, up about 9% over five years. At a median age of 46, it reads as skewed a little older, and 85% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $67,000 a year (about $1,290 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 14.8 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 22% over five years, which tends to underpin what local buyers can pay.

Families have 2 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. It is fairly car-dependent; the suburb scores 17 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
1,756
+9% over 5yr
Median age
46 years
Median household income
$67,000/yr
Households renting
11%
Family households
71%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
2
avg ICSEA 1020
Unemployment
3.4%
Walk score
17/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Cooran

No properties currently listed in Cooran

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Frequently asked questions about Cooran

What should I check before investing in Cooran?

Cooran has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +10.0% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Cooran?

The median property price in Cooran, QLD 4569 is $995K for houses and $700K for units.

What rental yield does Cooran show?

The gross rental yield in Cooran is 3.6% for houses and 2.4% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Cooran?

House prices in Cooran are up 10.0% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Cooran?

The current vacancy rate in Cooran is 3.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.

How many people live in Cooran?

Cooran has a population of approximately 1,756 residents, with a median age of 46.

What schools are near Cooran?

There are 2 schools within roughly 5km of Cooran. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Cooran affordable to buy in?

A median house in Cooran costs about 14.8 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Cooran's population growing?

The population of Cooran has grown about 9% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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