5/170 Old Cleveland Road, Coorparoo, Qld 4151
Offers Over $739,000
2 1 1
Open Saturday 27 June 10:45 amOriginally timber-getting and farming land, Coorparoo evolved into a premier residential suburb for Brisbane's elite in the early 20th century. The arrival of the tramway in the 1920s spurred the construction of iconic 'Queenslander' homes and the development of the Cavendish Road commercial hub.
Today it is a diverse mix of high-end hilltop character homes and modern high-density living centered around the Coorparoo Square precinct.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Coorparoo serves as the primary 'lifestyle bridge' between the CBD and the outer southern suburbs, offering a more established feel than Woolloongabba but more vibrancy than Camp Hill.
$1.35m – $3.8m
$520k – $1.2m
12-month movement
Current asking rents
The high percentage of units reflects recent high-density rezoning, while the house median is driven by scarce supply of renovated character homes.
Price comparison
Median price รท median income
Estimated rental yield
Coorparoo is considered an 'aspirational' suburb where buyers often stretch budgets to secure school catchment entry.
Lower = tighter market
Avg time on market
Annual rental increase
Young professionals, medical staff from nearby PA/Greenslopes hospitals, and small families.
Strong capital growth prospects for houses; units offer better yields but face higher competition from new supply.
Expect continued outperformance of the broader Brisbane market as the 'Olympic effect' intensifies demand for inner-south dwellings.
vs last 12 months
Relative comparison
Check specific street lighting and proximity to the train station for opportunistic theft risks.
The primary physical risk is hydrological, with significant portions of the suburb subject to overland flow and creek flooding.
High risk in streets adjacent to Norman Creek (e.g., parts of Turbo St, Barnes St). Brisbane City Council Floodwise reports are essential.
Negligible risk due to urban density.
Expect high premiums for properties in the 'Flood Overlay' zone; some insurers may refuse flood cover for specific low-lying lots.
Traditional Building Character, Flood Overlay, Airport Environs.
Old Cleveland Road corridor (High Density Residential).
Strict character protections mean you likely cannot demolish homes built pre-1947, limiting development to renovations.
Coorparoo Train Station (Cleveland Line) and Eastern Busway access at Langlands Park.
Coorparoo Square offers retail, dining, and a 10-screen cinema complex.
Wembley Park and Majestic Park provide excellent green space and sporting facilities.
Home to Loreto College, Villanova College, and Coorparoo State School.
Immediate proximity to Greenslopes Private and Princess Alexandra Hospital.
A professional, high-income demographic with a notable split between established families and young urban renters.
The high percentage of 25-44 year olds drives the local 'cafe culture' and demand for modern apartment amenities.
Focus is on transit-oriented development and the ripple effect of the Woolloongabba Olympic precinct.
Residents love the 'village' feel of the central precinct and the architectural beauty of the streets, though traffic and the cost of entry are frequent complaints.
The best part is being able to walk to the movies and then have a dozen dinner options right there.
The train is great, but Old Cleveland Road is a nightmare at 8 AM. I've switched to the busway.
I moved from a large house to one of the new apartments; the views of the city are spectacular.
Vacancy is never an issue here, but the body corporate fees on the newer builds are getting steep.
It's getting so expensive to rent here that I might have to move further out to Greenslopes.
The foot traffic around the square has transformed my business, but parking for customers is tough.
Position the property as a 'generational asset' within a blue-chip school catchment. Emphasize the blend of historical charm and modern convenience.
Coorparoo offers a 'safe haven' investment profile with low vacancy and consistent capital growth.
High entry costs and potential for oversupply in the generic 1-bedroom apartment segment.
Unbeatable access to dining, cinemas, and fast CBD transit.
Limited street parking in the high-density zones.
Ensure all smoke alarm and electrical safety certifications are current, especially in older character homes.
The '15-minute city' lifestyle—everything you need is within a 1km radius of Coorparoo Square.
High-income professional families and 'empty nesters' from the outer suburbs.
This report is based on data available as of March 2026. Property investment involves risk. Buyers should conduct their own independent financial, legal, and building advice before proceeding with a purchase.
Now
Before
Offers Over $739,000
2 1 1
Open Saturday 27 June 10:45 am
Best Offers By or Before 7th of July 4pm
3 2 1
Open Thursday 25 June 4:15 pm
Classic Coorparoo Home with Outstanding Future Potential
Best Offers by Monday 6th July at 5pm
4 2 2
Open Wednesday 24 June 5:30 pm
Modern & Stylish Furnished Apartment in the Heart of Coorparoo
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