Your suburb, scored · Data as of Oct 2026

Coolaroo, VIC

Postcode 3048 · Hume council area · Greater Melbourne · One of 15,000 suburbs we score across 27 indicators, updated monthly

R-Score 81 / 100 — ranked #2,981 of 15,286 suburbs this month

Market conditions here are running warmer than most

Most of the demand and supply indicators we track are sitting above the national midpoint this month.

Scores describe measured market conditions — not personal advice, and not a forecast.

Median house price$627,000

Up 0.3% over the past 12 months of settled sales.

Median weekly rent$500/wk

That's a gross yield of 4.2% at the current median price.

Vacancy rate2.8%

Above the 1.5% line where the rental market starts to loosen.

Investment analysisIs Coolaroo a good investment in 2026? Read our deep dive: best and worst streets, cashflow at 80% LVR, and our take →

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Best Streets in Coolaroo, VIC

Two streets in the same suburb can sit in completely different census blocks for owner-occupiers, public housing, and rental yield. Drill down into Coolaroo's streets below.

Other High-Scoring Suburbs in Hume (VIC)

IndicatorCoolaroo ReadingContext & Benchmark
Ripehouse R-Score81 / 100Ranked #2,981 of 15,286 Australian suburbs (Oct 2026)
Median House Price$627,000+0.3% over the past 12 months of settled sales
Median Weekly Asking Rent$500/wkImplies a 4.2% gross rental yield at the current median price
Rental Vacancy Rate2.8%Above the 1.5% tight-supply threshold
Median Days on Market90 daysPart of Hume (VIC) council area (LGA avg R-Score 86/100)

Buyer's Agent & Quantitative Due Diligence

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Coolaroo VIC FAQs

Frequently Asked Questions: Investing in Coolaroo, VIC

Key answers from the Oct 2026 Ripehouse Advisory suburb and street research bake for Coolaroo.

Is Coolaroo VIC a good suburb for property investment in 2026?

As of Oct 2026, Coolaroo (VIC 3048) scores 81/100 on the Ripehouse R-Score, ranking #2,981 out of 15,286 Australian suburbs. Market conditions here are running warmer than most. Key fundamentals include a median price of $627,000, median rent of $500/wk, gross yield of 4.2%, and vacancy of 2.8%.

What is the median house price and 12-month growth in Coolaroo VIC?

The current median property price in Coolaroo (VIC) is $627,000 (Oct 2026), representing a +0.3% change over the past 12 months. Properties in Coolaroo currently spend a median of 90 days on market.

What is the rental yield and vacancy rate in Coolaroo VIC?

In Coolaroo (VIC), the median weekly asking rent is $500/wk, producing a gross rental yield of 4.2%. The suburb vacancy rate is 2.8% as of Oct 2026.

What are the best streets in Coolaroo VIC?

Ripehouse Advisory scores every G-NAF street in Coolaroo against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Coolaroo Street Score tool on this page to compare individual streets.

Which council area (LGA) is Coolaroo VIC located in?

Coolaroo (VIC, postcode 3048) is located in the Hume council area (LGA) within Greater Melbourne. Across Hume, the council-wide average R-Score is 86/100 across 22 suburbs.

R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.