Market snapshot

Suburb insights for Coolaroo3048

Change suburb

Coolaroo is located 18 km north of the CBD. Coolaroo is an industrial and residential suburb in Melbourne's outer north. Major employers include Australian Consolidated Hosiery Visy and Greer Industries. Like a number of suburbs in this part of Melbourne the population has decreased and aged significantly over the 1981-1996 period. Coolaroo also features Progress Reserve and a number of smaller parks.

Recent sales and auction results in Coolaroo

AddressBedroomsPriceTypeMethodSale DateAgentListing
24 Flynn Cr, Coolaroo4PriceHouseAuction Sale18/07/2025YPA Estate Agents Meadow Heights

Sales data

Median sale price
$590k
Annual price change
10.1%
Metro Melbourne Comparison
$924k
-0.6%
BedroomsCoolarooMetro comparison
2-$890,000
3$583,000$815,000
4-$950,000
InsightCoolarooMetro comparison
Clearance rate79.5%
Days on market39

Rental data

Median weekly rent
$480
Rental yield
4.2%
Metro Melbourne Comparison
$580
3.3%
BedroomsCoolarooMetro comparison
2-$580
3$485$550
4-$600
Median data for the current quarter
Find a REIV member

Find a REIV member

Real estate professionals in your area with the right skills, the best knowledge and proven expertise.
Find a member