Coolaroo
Suburb profile, market snapshot and recent listings for Coolaroo, VIC 3048.
About Coolaroo
Welcome to Coolaroo
Market snapshot
Coolaroo property market
Median sale price
$643k
House · 3 bed
Median rent
$488
per week
Gross rental yield
3.9%
annual rent ÷ sale price
Typical price range
Entry
$491k
Median
$643k
Premium
$714k
Days on market
33
Auction clearance
67%
Sold this year
32
Median sold price trend · House 3 bed
Compound growth +5.5% / yr over 4 yrs
Property types on market
Share of current listings in Coolaroo by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Coolaroo, VIC 3048.
Population
3,193
residents (2021)
Median age
37
years
Household income
$1,025
median, per week
Median rent
$335
per week
Median mortgage
$1,324
per month
Mortgage / income
30%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Coolaroo
Government school catchment
Independent & Catholic schools
Recent results
Recently sold in Coolaroo
$611k
5 WIMBA COURT
Sold ~July 2026
$570k
14 Ventnor Crescent
Sold ~June 2026
$770k
81 Almurta Avenue
Sold ~June 2026
$570k
52 Longford Crescent
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Coolaroo
Compare the area
Price map around Coolaroo
Every listing for sale near Coolaroo, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
Quick switch to nearby areas
Common questions
Coolaroo suburb FAQ
What is the median property price in Coolaroo?
The median house price in Coolaroo, VIC is $643k for a 3-bedroom home. Over the past year, median sold prices have risen about 14.7%.
How much is rent in Coolaroo?
The median weekly rent in Coolaroo is around $488 per week.
Is Coolaroo a good place to live?
Coolaroo is a suburb in Melbourne, Victoria, Australia, 18 km (11 mi) north of Melbourne's Central Business District, located within the City of Hume local government area. Coolaroo is an established residential suburb in VIC, with a population of around 3,193 and 2 schools in the area.
What is the population of Coolaroo?
Coolaroo has a population of 3,193 (ABS 2021 Census), with a median age of 37.
What schools are in Coolaroo?
There are 2 schools in or near Coolaroo, including St Mary's Coptic Orthodox College and Coolaroo South Primary School.
How long do homes take to sell in Coolaroo?
Properties in Coolaroo take around 33 days to sell on average, with an auction clearance rate of about 67%.
How much do you need to buy in Coolaroo?
Entry-level properties in Coolaroo start around $491k, while premium homes reach $714k.
What suburbs are near Coolaroo?
Suburbs near Coolaroo include Meadow Heights, Dallas, Broadmeadows, Roxburgh Park and Jacana.
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