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
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UNIT 10, 25-27 GLENELG ST, COOLAROO, VIC, 3048 |  |
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$550,000 + GST | |
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5 MARCUS CR, COOLAROO, VIC, 3048 | 3 |
1 |
 4 |
400000 |
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
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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.3 | 15.0 | 27.7 | 39.0 | 86.3 | 5.3 | 24.8 |
| Feb | 1.3 | 15.1 | 26.9 | 42.3 | 89.0 | 4.9 | 20.6 |
| Mar | 1.2 | 13.7 | 24.8 | 43.5 | 88.7 | 4.6 | 16.0 |
| Apr | 1.6 | 10.9 | 21.1 | 48.2 | 91.3 | 4.3 | 11.7 |
| May | 1.4 | 8.6 | 17.1 | 56.6 | 92.2 | 4.7 | 8.5 |
| Jun | 1.4 | 6.5 | 14.4 | 64.1 | 94.3 | 4.3 | 7.4 |
| Jul | 1.2 | 6.5 | 14.0 | 61.6 | 92.9 | 5.2 | 7.7 |
| Aug | 1.4 | 6.7 | 14.9 | 54.8 | 92.0 | 5.4 | 10.2 |
| Sept | 1.7 | 8.1 | 17.9 | 47.7 | 90.7 | 5.4 | 14.4 |
| Oct | 1.6 | 9.5 | 20.7 | 44.5 | 90.7 | 5.3 | 19.0 |
| Nov | 2.3 | 11.5 | 23.1 | 43.9 | 90.3 | 5.1 | 21.4 |
| Dec | 1.8 | 13.2 | 25.6 | 41.0 | 88.3 | 5.1 | 24.8 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Stop 59: Matthews Avenue - Less than 10 KM
Lalor - Less than 10 KM
Thomastown - Less than 10 KM
Oak Park - Less than 10 KM
Gowrie - Less than 10 KM
Jacana - Less than 5 KM
Fawkner - Less than 10 KM
Upfield - Less than 2 KM
Merlynston - Less than 10 KM
Craigieburn - Less than 10 KM
General Points of Interest
CB Smith Sports & Educational Facility - Less than 10 KM
Corpus Christi Tennis Club - Less than 10 KM
Action Indoor Sports Stadium - Less than 10 KM
Cambellfield Plaza - Less than 5 KM
Elite Swimming - Less than 10 KM
Pentridge Prison Main Gate - Less than 10 KM
Go Climb - Less than 10 KM
Homemaker Centre - Less than 10 KM
Northern Golf Club - Less than 10 KM
Niddrie Central - Less than 10 KM
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