Are you looking to purchase a home or investment property in Coorparoo? As a Coorparoo Buyers Agent we’d be happy to help and have compiled the following suburb profile for your information. Best wishes with your Coorparoo property purchase!
Coorparoo is located 5km south east of the Brisbane CBD. Coorparoo is bordered by the suburbs of East Brisbane, Norman Park, Greenslopes, Camp Hill and Stones Corner.
The population of Coorparoo in 2016 was around 16,284 and continues to grow. 52.7% of households in Coorparoo are owner occupied and consistent predominantly of young couples working in professional occupations.
Coorparoo’s main shopping and cafe precinct is located on the intersections of Cavendish and Old Cleveland road, in a new development know as Coorparoo Square.
It is a 20 minute train ride from Coorparoo Station to the Brisbane CBD
Coorparoo State School and Coorparoo Secondary College are well-regarded public schools in the area.
The suburb is also home to four Catholic private schools: Our Lady of Mount Carmel School, St James Primary School, Villanova College, and Loreto College.
Most residents commute to the Brisbane CBD for work.
Traffic noise can be an issue for properties close to major thoroughfares including Old Cleveland Rd, and Cavendish Rd. Buyers should check the Brisbane City Council Flood Maps, as some areas (especially north of Old Cleveland Rd) are susceptible to flooding.
The vast majority (61%) of properties in Coorparoo are apartments.
The suburb is also well known for its Queenslander style houses. These timber character homes were built in the early 1900s and are typically found on 400-600m2 blocks.
The median house price in Coorparoo is $1,577,500 which is well above Brisbane’s median.
The median house price in Coorparoo would typically buy a 3-bedroom, 2-bathroom house on a 387m2 block. For example: 66 Mackay Street Coorparoo QLD 4151 sold in September Sep 2024 for $1,580,000 (click to view listing and see images below).
The median unit price in Coorparoo is: $632,750.
This amount would typically buy a 2-bedroom, 1-bathroom, 2-garage unit in a brick complex. For example: 9/63 Kirkland Avenue Coorparoo QLD 4151 sold in October 2024 for $646,000 (click to view listing and see images below).
In the last 5 years the median house price has increased by 81.4%. Over the last12months house prices have increased by 7.1%..
Units in Coorparoo have seen more similar price growth. In the last 5 years the median price of units has increased by 80.6%. On average, over the last 12 months unit prices have increased by 24.8%.
**Statistics are accurate for December 2024
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