Where is Coorparoo?
Coorparoo is a highly sought-after inner city suburb that offers the perfect blend of convenience and lifestyle, with its busy shopping district and quiet tree lined streets.
Coorparoo is an older, well-loved Brisbane suburb that is experiencing steady population growth. The suburb has seen significant growth in recent years, driven by both renovation projects and new constructions that offer residents high-quality living options, no matter their budget.
Coorparoo exudes a sense of community and locals are spoilt for choice with a plethora of dining, shopping and recreational options.
Coorparoo House Prices: A Diverse Range of Housing
Options for Every Budget
While the median sale price of a house is best suited to professionals and families, the more affordable unit median sale price ensures that Coorparoo caters to a diverse demographic, including tenants of varying ages, nationalities and professions. With traditional Queenslanders, renovated post-war homes and architect-designed masterpieces, there is a home to suit all budgets and tastes. The majority of properties in the suburb are apartments, with an increasing number of developments in the pipeline to meet the high demand for property in this culturally rich and charming area.
While you can find examples of contemporary, modern and art deco architecture, Coorparoo is most readily associated with its Queenslanders. These unique, iconic single story timber homes, with their corrugated iron roofs and verandahs on their generous quarter acre blocks, were predominantly built in the area from the early 1900’s to the 1930’s, and have been lived in and lovingly renovated by generations of Queenlsand homeowners.
Median Sale Price
$1,313,500
Median Unit Price
$476,000
Median House Rent
$600
Median Unit Rent
$400
Discover the Vibrant Energy of Coorparoo: A Uniquely ‘Brisbane’ Suburb
The aptly named Majetic Park is just one of 30 parks, nature reserves and bush corridors that contribute to the suburb’s leafy green urban landscape and encourage a range of outdoor activities.
In addition to the many excellent restaurants and bars, cafes are peppered throughout the suburb; and there is sure to be one (or two) within walking distance wherever you live in the suburb. Coorparoo Square is a newer addition to the central shopping hub that includes supermarkets, cinemas and specialist retailers. And with a range of well respected private and public schools to choose from, this is one of Brisbane’s most desirable places to live.
Coorparoo Suburb Profile: Local areas
People of Coorparoo: A Thriving Community
The population of Coorparoo is just above 18,000, with the suburb continuing to see population growth. The predominant age group in Coorparoo is between 20-39 years; this age bracket accounts for a significant portion of the population.
This age group predominantly comprises professionals who appreciate the suburb's proximity to Brisbane's CBD and the proximity to Brisbane's inner city. The demographic mix also includes couples with children, who are drawn to the area's excellent schools and family-friendly amenities. Coorparoo has a median age slightly lower than the national average, which contributes to the active and engaged community.
Lifestyle: Embrace an Active and Vibrant Lifestyle
Coorparoo's lifestyle is one of its most appealing aspects. The suburb is dotted with numerous sporting facilities and parks, like the popular Langland Park and the enchanting dragon playground at Majestic Park, offering endless opportunities for outdoor activities and relaxation. The area's gentrification has also given rise to a thriving coffee scene, with boutique cafes popping up regularly.
If restaurants and boutiques are your things, a visit to Cavendish Road needs to be on your list. This is the lively heart of Coorparoo and is sure to become your new favourite location. But that's not your only opportunity for entertainment; many locals also frequent Martha Street in nearby Camp Hill for its small yet exciting cluster of cafés and boutique stores. And don't forget that you are but a short drive from the hub of the city, making Coorparoo the perfect area for those who want a life rich with culture and entertainment.
Transport: Effortless Commuting and Accessibility
Coorparoo offers several transportation options that make commuting a breeze. The Coorparoo train station provides direct and quick access to the city centre, perfect for professionals working in the CBD. Driving to the city takes a mere 15 minutes, while the nearby freeway puts the Gold Coast's stunning beaches within an hour's reach. Major thoroughfares like Old Cleveland Road and Cavendish Road intersect the suburb, offering easy routes to key areas, while the Eastern Busway also runs through Coorparoo.
Area Characteristics: Everything Coorparoo has to Offer
Drawn in by the area's convenient location, impressive school offerings and generous lifestyle amenities, Coorparoo is fast becoming an all-encompassing suburb that appeals to new families, professionals, investors and retirees alike. Thanks to a fantastic location and desirable lifestyle, the people of Coorparoo are just as exciting and diverse as the suburb itself. Lots of cafes and restaurants are within walking distance, and great parks and many nature reserves and bush corridors make it the greenest inner-city suburb.
Schools: A Hub of Educational Excellence
Education is a top priority in Coorparoo, and the suburb is home to a range of highly regarded public and private schools catering to different ages. Families can choose between the well-respected Coorparoo State School and Coorparoo Secondary College or opt for a private education at Churchie, Villanova, Loreto, and Mt Carmel.
Exciting New Developments
Coorparoo is undergoing substantial development, with numerous residential units and commercial spaces currently under construction. These new projects are set to enhance further the suburb's infrastructure and real estate market, attracting more investment, increasing the median rent, and encouraging population growth.
Rental Market Situation
Interestingly, owner-occupied homes make up about 60% of the housing in Coorparoo; this shows that there is a stable community where many residents invest long-term in their homes. The remaining 40% of homes are rented, which underscores Coorparoo's appeal as a steady location for investment properties due to the continuous demand for rent.
Is Coorparoo a good suburb?
Yes! Coorparoo is a perfect place to bring up your family or spend your time winding down from work. A beautiful suburb of Brisbane with magnificent views of the City. Not to mention, lovely parks and meandering streets are perfect for keeping oneself in shape.
The area is in a massive stage of growth at the moment as it maintains an intriguing balance of old and new. The contrast of character-filled homes alongside modern lifestyle and entertainment developments serves to create a buzz and exciting energy that you won't find anywhere else in Brisbane.
Why should you buy an investment
property in Coorparoo?
Investing in Coorparoo offers an exciting opportunity due to its thriving population growth and handy location near Brisbane CBD. With a diverse range of housing options, from luxurious apartments to charming houses, Coorparoo caters to a broad demographic, including professionals and families. The suburb's median rent offers a stable opportunity for investors, covering mortgage repayments in a quick turnaround time
Furthermore, the median sale price in Coorparoo reflects the area's desirability and strong investment property potential. Significant new developments and upgrades along Old Cleveland Rd further enhance the suburb. Coorparoo is positioned for future growth, making it an attractive option for both new and seasoned investors.
Coorparoo offers a unique blend of city proximity and local charm.
Just minutes from Brisbane's CBD, residents enjoy an array of amenities, from trendy cafes and restaurants to lush parks and modern shopping at Coorparoo Square. The strong rental market and steady capital appreciation make Coorparoo an attractive and reliable investment opportunity.
Jo Slack, General Manager
A Thriving Rental Market Driven by Convenience and Lifestyle
The rental market in Coorparoo is robust, driven by its proximity to the city, which makes it appealing to those who work in Brisbane CBD but prefer leafy-green suburban living. With competitive median rent rates, investing in Coorparoo allows landlords to achieve stable yields. The demand for rent is sweetened further by the suburb's access to quality schools, shopping districts, and public transport facilities, making it an enviable suburb and top pick among renters looking for convenience and quality of life.
Investing in Coorparoo? Partner with Aurora Realty to
Maximise Your Coorparoo Investment
Thanks to its dynamic community and ongoing development, Coorparoo offers a lucrative opportunity for property investment. If you already own or are considering purchasing an investment property in Coorparoo, Aurora Realty is equipped to help you maximise your returns, minimise risk, decrease tenant vacancy and achieve peace of mind.
Our deep understanding of the Coorparoo market, combined with our expertise in managing properties, ensures your investment is optimised for both capital growth and rental income. Click the button to see why so many Brisbane investors are switching to Aurora Realty Brisbane to build their property portfolio.
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