Landlords

Coorparoo

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Local Government Authority Brisbane
Location 4 km from CBD
Features Proximity to Brisbane City, Stones Corner outlet shopping precinct, Coorparoo and Buranda rail stations
Commentary Only four kilometres from Brisbane's CBD, Coorparoo continues to benefit from consumer demand for near-city living.

Coorparoo is on Brisbane's south-eastern side and has easy access to the city along either the Southeast Freeway or the Story Bridge.

Coorparoo will continue to benefit from the desire of many people to live close to the CBD to cut down on travelling time to and from work. This explains the strong rise in the number of units in the area.

A small part of Coorparoo is designated semi-industrial and commercial - however, this is a defined and isolated area not impinging on the residential zones of the suburb.

Coorparoo benefits from a train station only a few stops from the CBD, as well as an extensive Brisbane City Council bus service.

The suburb has a high proportion of medium density unit complexes and a strong rental market. Around the elevated parts of the suburb, million dollar house sales have occurred in recent years.

There are private and State schools in the suburb. Coorparoo's shopping district features a refurbished Coles Supermarket. There are extensive small businesses, banks and retail outlets that serve the surrounding suburbs as well as Coorparoo. The Stones Corner retail fashion outlets are nearby on Logan Road.

According to the 2006 Census there were 13,800 people living in the suburb with a median age of 34. The median individual income was $648 per week. Of all occupied private dwellings 51.4% were either fully owned or being purchased; 42.9% were being rented.

Source: REIQ