2. VIC
  3. Hume

Coolaroo VIC 3048

Houses Units

Here you can find what you need to know about Coolaroo, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$540K Median Sale Price (National Average $485k) 580th In VIC
3.85% Median Sale Price Change (1yr) (National Average 4.30%) 184th In VIC
$450pw Median Rent (National Average $395) 477th In VIC
4.3% Median Gross Yield (National Average 4.24%) 98th In VIC
Properties sold 46
Average discounting -3.01%
Average Days on Market 34
Stock on Market 19 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Coolaroo, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Coolaroo, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Coolaroo, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Coolaroo


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Coolaroo, VIC 3048

Part of: Hume Council No data available

The size of Coolaroo is approximately 3.1 square kilometres. It has 4 parks covering nearly 3.6% of total area. The population of Coolaroo in 2011 was 3,261 people. By 2016 the population was 3,183 showing a population decline of 2.4% in the area during that time. The predominant age group in Coolaroo is 20-29 years. Households in Coolaroo are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coolaroo work in a labourer occupation. In 2011, 69.4% of the homes in Coolaroo were owner-occupied compared with 66.1% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Coolaroo

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Coolaroo   for Houses in last 12 months


There have been 46 Houses sold in Coolaroo in the past 12 months with a median sale price of $540K, up 3.8% annually. It takes on average 28 days to sell with vendor discounting of -3.0%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Coolbellup WA, 6163 18.42% $675,000 $600pw 4.6% View Suburb Profile
Dallas VIC, 3047 3.92% $530,000 $450pw 4.4% View Suburb Profile
Meadow Heights VIC, 3048 4.29% $584,000 $470pw 4.2% View Suburb Profile
Craigieburn VIC, 3064 2.20% $650,000 $530pw 4.2% View Suburb Profile
Bouvard WA, 6211 -5.13% $740,000 Unavailable Unavailable View Suburb Profile
Leneva VIC, 3691 -58.52% $280,000 $600pw 11.1% View Suburb Profile

Currency

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