Coorparoo is a well-established suburb in Queensland within the Brisbane local government area (postcode 4151). With a population of 18,132, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $109K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Coorparoo is $1.7 million, having surged 16.2% over the past year. Units have a median price of $615,000 (+17.6% YoY). The current median weekly rent is $625. This gives a gross rental yield of approximately 1.9%. 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 6,244 incidents per 100,000 population.
From an investment perspective, Coorparoo offers a gross rental yield of 1.9%, 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.
Coorparoo is a well-established suburb in Queensland within the Brisbane local government area (postcode 4151). With a population of 18,132, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $109K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Coorparoo is $1.7 million, having surged 16.2% over the past year. Units have a median price of $615,000 (+17.6% YoY). The current median weekly rent is $625. This gives a gross rental yield of approximately 1.9%. 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 6,244 incidents per 100,000 population.
From an investment perspective, Coorparoo offers a gross rental yield of 1.9%, 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.