Coolaroo, VIC 3048

Fantastic to live in.

Melbourne's best value.

Coolaroo, VIC 3048, located just 18 km north of Melbourne's CBD, offers a blend of affordability and growth potential, making it an attractive option for both residents and investors.

The suburb boasts a median house price of approximately $560,000, with annual capital growth rates between 4.6% and 5.66% . Rental yields are solid, averaging around 4.6% to 4.89%, with median weekly rents ranging from $480 to $500 .


Coolaroo's appeal is enhanced by its convenient access to public transport, including the Coolaroo railway station on the Craigieburn line , and proximity to major roads. The suburb features amenities such as local schools, parks, and shopping centres, catering to families and professionals alike.

With its combination of affordable housing, steady growth, and accessible amenities, Coolaroo presents a compelling case for both homebuyers and property investors seeking opportunities in Melbourne's northern suburbs.

Amazing place to live.

Where else can you buy solid houses on large blocks 30 minutes to the CBD and 15 minutes from the airport for only 500k?

Coolaroo, a suburb in Melbourne, Victoria, is known for being an affordable area with a growing property market, located 18km north of the city center.
The median sold price for houses over the last year is $558,444.
Coolaroo has seen an annual compound growth rate of 5.4% for houses.
In the past 12 months, 38 houses were sold, with a median time on market of 33 days.
The rental yield is 4.6%.
Affordability:
Coolaroo has been described as an affordable suburb, with houses considered very affordable based on land size, distance to the city, and development potential.

Incredible value & convenience!

Would not live anywhere else in Melbourne.
Absolutely lovin' it!

Value for money galore!!

Incredible value houses being so undervalued around 500k. When Melbourne starts growing this will be the highest growing area.