Located in Queensland within the Brisbane local government area, Coorparoo is a settled mid-to-large suburb (postcode 4151). It is home to about 18,132 residents, with a mix of young professionals and families and a median age of 35. Households earn a median income of $109K per year, with an average household size of 2.3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Irish.
Coorparoo has a median house price of $1.7 million, which has jumped by 16.2% year-on-year. Units have a median price of $615,000 (+17.6% YoY). The current median weekly rent is $670. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,047.
Coorparoo is served by 8 schools, including 3 primary, 2 secondary, 3 combined. The average ICSEA score is 1088, which is above the national average of 1,000. Public transport access includes 1 rail station, 76 bus stops. The crime rate in the Brisbane LGA is moderate at 6,340 incidents per 100,000 population.
From an investment perspective, Coorparoo shows a gross rental yield of approximately 2.1%, rated as low yield. Property prices are above the state median ($1.7M/$1.1M), placing it in the premium segment. The price-to-income ratio of 15.3x is considered stretched. House prices have moved +16.2% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.