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Coorparoo, QLD 4151

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

Data updated

Tight Rental MarketStrong GrowthWalkable

Median House

$1,935,000

market range $1.8M-$2M

Median Unit

$860,000

market range $800K-$975K

Gross Yield (units)

3.9%

1yr Growth (houses)

+13.9%

market range +2.5% to +20.0%

Investment snapshot for Coorparoo

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

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Coorparoo market and investor summary

Coorparoo (QLD 4151) runs a median house price of $1.9M. House prices have moved +13.9% over the past year. At 1.2% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 1.2% and a resident base that is not shrinking.

Living in Coorparoo: people, income and schools

Coorparoo is home to around 18,132 people, a number that has held fairly steady over five years. The median age is 35, broadly working-age, and families account for 59% of households.

Households here earn a median of about $109,000 a year, or roughly $2,110 a week. On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 17.7 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 15% over five years, which tends to underpin what local buyers can pay.

There are 69 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 4.5 km from the CBD. Most day-to-day errands are doable on foot; the suburb scores 72 for walkability and 56 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).

Population
18,132
+5% over 5yr
Median age
35 years
Median household income
$109,000/yr
Households renting
45%
Family households
59%
Socio-economic rank
10/10
ABS advantage index
Schools within 5km
69
avg ICSEA 1078
Unemployment
2.5%
Distance to CBD
4.5 km
Walk score
72/100

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

Properties in Coorparoo

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Frequently asked questions about Coorparoo

What should I check before investing in Coorparoo?

Coorparoo has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +13.9% in the past year shows strong recent price momentum. Tight rental market (1.2% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Coorparoo?

The median property price in Coorparoo, QLD 4151 is $1.9M for houses and $860K for units.

What rental yield does Coorparoo show?

The gross rental yield in Coorparoo is 3.9% 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 Coorparoo?

House prices in Coorparoo are up 13.9% 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 Coorparoo?

The current vacancy rate in Coorparoo is 1.2%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Coorparoo?

Coorparoo has a population of approximately 18,132 residents, with a median age of 35.

What schools are near Coorparoo?

There are 69 schools within roughly 5km of Coorparoo. 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 Coorparoo affordable to buy in?

A median house in Coorparoo costs about 17.7 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 Coorparoo's population growing?

The population of Coorparoo has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Coorparoo from the CBD?

Coorparoo is about 4.5 km from the CBD.

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