Market snapshot

Suburb insights for Coolaroo3048

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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.

Sales data

Median sale price
$557k
Quarterly price change
5.1%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsCoolarooMetro comparison
2-$902,500
3$535,250$810,000
4-$955,000
InsightCoolarooMetro comparison
Clearance rate73.8%
Days on market3142

Rental data

Median weekly rent
$445
Rental yield
4.3%
Metro Melbourne Comparison
$560
3.2%
BedroomsCoolarooMetro comparison
2-$550
3$425$540
4-$580
Median data for the current quarter
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