Coolaroo — Houses

NEUTRAL
VIC 3048 House Rank #167 of 263 in Melbourne ↑20
$657K
Median House Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
57 buyers/listing
Strong
LIQUIDITY
30d DOM
Neutral
AFFORDABILITY
18.0% vs 5yr
Weak
GROWTH OUTLOOK
Below average
Weak
YIELD
4.3%
Strong
SUPPLY PRESSURE
1.4% vacancy
Strong
#167/263 Below average Structure 30 $657K

Atlaso rates Coolaroo houses as HOLD. Average growth outlook. Vacancy remains tight at 1.38%, but conviction is not high enough for a BUY rating. Better houses options may be available in Melbourne.

At $657K, Coolaroo ranks #167 of 263 houses in Melbourne. The long-term structural outlook is Below average. Prices grew 12.1% over the past year, showing strong momentum.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Melbourne.

Coolaroo Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Buyer's Market Stock rising, prices softening. Buyers have leverage.
+0.3%
Asking Prices (3mo)
+5.0%
Rents (12mo)
1.8%
Vacancy
44%
Fresh Stock (<30d)

House Asking Prices (12 months)

$680K

House Weekly Rents (12 months)

$528/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3048.

Suburb Profile

Coolaroo at a Glance

SEIFA Index
1/10
Most disadvantaged
Household Income
$1,225/wk
Median household
Median Age
34
Years
Mortgage Stress
27%
of income
Population Growth
-2.5%
vs state +2.2%
Ownership Mix
31.3% owned 30.6% mortgage 32.5% renting

Demographic Trends

Coolaroo Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Coolaroo Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Coolaroo a good suburb to invest in?
Atlaso rates Coolaroo as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Coolaroo and 46 Australian cities to generate this rating.
What is the median house price in Coolaroo?
The current median house price in Coolaroo, vic is $657K, with annual growth of +4.4%. Properties sell in approximately 30 days.
How fast do properties sell in Coolaroo?
Properties in Coolaroo sell in 30 days on average. The market is currently rated Below average. This is in line with the broader market.
What is the growth outlook for Coolaroo?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Coolaroo's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Coolaroo?
The gross rental yield for houses in Coolaroo is 4.3%. This is above the national average, making it attractive for yield-focused investors.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).