Market snapshot
Suburb insights for Coolaroo3048
Change suburbCoolaroo, approximately 18 kilometres north of the Melbourne CBD, is a multicultural suburb renowned for its affordability, excellent schools, and family-oriented environment. With the Upfield train line, local shops, and community facilities, Coolaroo is popular among first-home buyers and long-term residents.
Sales data
Median sale price
$635k
Annual price change
8.9%
Metro Melbourne Comparison
$992k
4.9%
| Bedrooms | Coolaroo | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $632,000 | $863,000 |
| 4 | - | $980,500 |
| Insight | Coolaroo | Metro comparison |
|---|---|---|
| Clearance rate | 74.9% | |
| Days on market | 37 |
Rental data
Median weekly rent
$488
Rental yield
4%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Coolaroo | Metro comparison |
|---|---|---|
| 2 | - | $595 |
| 3 | $480 | $550 |
| 4 | - | $595 |
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