Back

Coolaroo
VIC, 3048 - Hume

Thinking about buying in Coolaroo? Now could not be a better time, with 1983 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $689,000 with prices in this suburb ranging from $440,000 to $1,434,000. The aproximate distance to the coast is 16 Km.

Household Makeup

Median Weekly Rent $331.89
Median Monthly Mortgage $1383.67
Median Persons Per Bedroom 0.95
Average Household Size 3.00
Average Age 35.33
Average Income $435.39
Average Cars Per Dwelling 1.77
Average Properties Within 50M 14

Housing Stock

Average Property Prices

1 Bed  $496,000
2 Bed  $581,000
3 Bed  $689,000
4 Bed  $802,000
5 Bed  $757,000
6 Bed+$758,000

Coolaroo Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Coolaroo due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Coolaroo changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Coolaroo the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Coolaroo

Harcourts 25 ALMURTA AV, COOLAROO, VIC, 3048 Beds3 Bathrooms1 Parking 1 $440,000-$480,000
OneAgency UNIT 10, 25-27 GLENELG ST, COOLAROO, VIC, 3048 Beds Bathrooms $550,000 + GST

Local Schools

Coolaroo South Primary School

St Mary's Coptic Orthodox College

Holy Child School

Dallas Brooks Community Primary School

Ilim College

Bethal Primary School

Meadow Heights Primary School

Roxburgh Park Primary School

Hume Valley School

Roxburgh College

(While the above schools are located with the suburb of Coolaroo there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Coolaroo weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.315.027.739.086.35.324.8
Feb1.315.126.942.389.04.920.6
Mar1.213.724.843.588.74.616.0
Apr1.610.921.148.291.34.311.7
May1.48.617.156.692.24.78.5
Jun1.46.514.464.194.34.37.4
Jul1.26.514.061.692.95.27.7
Aug1.46.714.954.892.05.410.2
Sept1.78.117.947.790.75.414.4
Oct1.69.520.744.590.75.319.0
Nov2.311.523.143.990.35.121.4
Dec1.813.225.641.088.35.124.8

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

DallasMeadow HeightsCampbellfieldSomertonBroadmeadowsRoxburgh ParkJacanaWestmeadowsAttwoodGlenroy

Public Transport


General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!