65 Bushfield Crescent

Coolaroo VIC 3048

The size of Coolaroo is approximately 3.1 square kilometres. It has 4 parks covering nearly 3.6% of total area. The population of Coolaroo in 2011 was 3,261 people. By 2016 the population was 3,183 showing a population decline of 2.4% in the area during that time. The predominant age group in Coolaroo is 20-29 years. Households in Coolaroo are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coolaroo work in a labourer occupation. In 2011, 69.4% of the homes in Coolaroo were owner-occupied compared with 66.1% in 2016.

Coolaroo has 1,760 properties. Over the last 5 years, Houses in Coolaroo have seen a 22.47% increase in median value, while Units have seen a 12.66% increase. As at 30 September 2024:

• The median value for Houses in Coolaroo is $548,417 while the median value for Units is $439,200.
• Houses have a median rent of $480.