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
$590k
Annual price change
10.1%
Metro Melbourne Comparison
$924k
-0.6%
| Bedrooms | Coolaroo | Metro comparison |
|---|---|---|
| 2 | - | $890,000 |
| 3 | $583,000 | $815,000 |
| 4 | - | $950,000 |
| Insight | Coolaroo | Metro comparison |
|---|---|---|
| Clearance rate | 79.5% | |
| Days on market | 39 |
Rental data
Median weekly rent
$480
Rental yield
4.2%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Coolaroo | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $485 | $550 |
| 4 | - | $600 |
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