Coorparoo vs GreenslopesTwo Brisbane suburbs compared for a home loan
Coorparoo (QLD 4151) is approximately 6 km south-east of the Brisbane CBD, on the Cleveland railway line. Greenslopes (QLD 4120) is approximately 6 km south of the Brisbane CBD, between the South East Busway and Norman Creek. At the 2021 Census, Coorparoo had 18,132 residents with a median age of 35, and Greenslopes had 7,941 residents with a median age of 34.
In both suburbs the most common occupied dwelling was flats and apartments. Flats and apartments made up 50% of occupied dwellings in Coorparoo and 48% in Greenslopes, while 45% of Coorparoo households rented compared with 53% in Greenslopes. These differences matter for finance, because lenders assess apartments, strata buildings and houses on land differently.
Both suburbs are in the same state, so transfer duty is calculated on the same scale and the difference in upfront cost comes from the purchase price. The panel below applies that scale, and an estimate of lenders mortgage insurance, to the prices you enter.
QLD 4151 · Inner South East Brisbane
Coorparoo
Coorparoo is an inner south east Brisbane suburb where flats and apartments were 49.9 per cent of occupied homes at the 2021 Census.
Brisbane City Council. Approximately 6 km south-east of the Brisbane CBD, on the Cleveland railway line.
Read the full Coorparoo guideQLD 4120 · Inner South Brisbane
Greenslopes
Greenslopes is a small inner south Brisbane busway suburb where only 16.6 per cent of households owned their home outright at the 2021 Census.
Brisbane City Council. Approximately 6 km south of the Brisbane CBD, between the South East Busway and Norman Creek.
Read the full Greenslopes guide
What buying in Coorparoo and Greenslopes would mean for the loan
The difference between two suburbs is usually a difference in price, and price drives the deposit, the transfer duty, any lenders mortgage insurance and the repayment. Enter the prices you are seeing and the panel works out each of those for Coorparoo and Greenslopes.
Your prices and deposit
Enter the price you are seeing in each suburb. BorrowWise does not quote prices, so the comparison uses yours.
Enter a price for Coorparoo to see the repayment, transfer duty and upfront cash.
Enter a price for Greenslopes to see the repayment, transfer duty and upfront cash.
Warning: The interest rate used here is an example only. It is not a comparison rate and is not a rate offered by any lender, and it does not include fees and charges. Different rates, terms, fees or loan amounts will give a different result.
Estimates only. Repayments assume a principal and interest loan at a constant rate, which is an assumption and not a current market rate. Transfer duty is indicative for established homes, first home buyer relief depends on eligibility, and upfront cash includes an allowance of $3,000 for conveyancing and inspections. Lenders mortgage insurance is an estimate and is added to the loan. A lender makes its own assessment.
Coorparoo and Greenslopes: Census profile compared
Figures are from the 2021 Census, so rents, repayments and incomes have moved since. They are most useful for comparing one suburb with another and with Australia as a whole.
| Measure | Coorparoo | Greenslopes |
|---|---|---|
| People and households | ||
| Residents | 18,132 | 7,941 |
| Median ageAustralia 38 | 35 | 34 |
| Average household sizeAustralia 2.5 | 2.3 | 2.2 |
| Median household income, weeklyAustralia $1,746 | $2,105 | $1,974 |
| Housing costs at the 2021 Census | ||
| Median rent, weeklyAustralia $375 | $380 | $370 |
| Median mortgage repayment, monthlyAustralia $1,863 | $2,047 | $1,974 |
| Who owns and who rents | ||
| Households rentingAustralia 31% | 45% | 53% |
| Owned with a mortgageAustralia 35% | 31% | 30% |
| Owned outrightAustralia 31% | 22% | 17% |
| Types of home | ||
| Separate housesAustralia 72% | 41% | 42% |
| Townhouses, terraces and semi-detachedAustralia 13% | 9% | 10% |
| Flats and apartmentsAustralia 14% | 50% | 48% |
| Homes with two bedrooms or fewer | 50% | 50% |
| Homes with four bedrooms or more | 24% | 19% |
| Dwellings unoccupied on Census night | 7% | 6% |
Source: Australian Bureau of Statistics, 2021 Census (CC BY 4.0). Tenure shares exclude households that did not state their tenure. Dwelling shares are of occupied private dwellings.
Home loan considerations in Coorparoo and Greenslopes
Lenders treat houses on land, townhouses and apartments differently, and some apply extra conditions to small apartments, high-density buildings or particular postcodes. These are the points each guide raises.
Coorparoo
- First home buyers
- Investors
- Downsizers
- Single-development exposure limits are a real constraint where apartment supply sits in a few large complexes.
- Body corporate levies in amenity rich buildings are counted as a committed expense in serviceability.
- Minimum internal floor area rules can reduce the loan-to-value ratio available on small units.
- Norman Creek flooding and overland flow should be checked through a FloodWise Property Report.
- Character planning controls and heritage listings can restrict work on the older houses.
Greenslopes
- First home buyers
- Investors
- Minimum internal floor area rules bear on the 374 one-bedroom dwellings and three studios in the suburb.
- Sinking fund adequacy in older walk-up blocks matters more than the level of current levies.
- Body corporate levies count as a committed expense and reduce assessed borrowing capacity.
- Norman Creek flooding should be checked through a FloodWise Property Report for the specific address.
- Investment lending is assessed differently, and median weekly rent of $370 sat below the national $375.
Housing stock in Coorparoo and Greenslopes compared
Coorparoo
- Apartments
- Flats and apartments numbered 3,825 at the 2021 Census, 49.9 per cent of occupied homes.
- Pre-war and interwar houses
- Separate houses numbered 3,109, or 40.6 per cent, many of them pre-war timber dwellings.
- Townhouses
- Townhouse and semi-detached dwellings numbered only 714, or 9.3 per cent, below the national 12.6 per cent.
Greenslopes
- Walk-up flats
- Flats and apartments numbered 1,620 at the 2021 Census, 48.0 per cent of occupied homes, mostly in small blocks.
- Pre-war timber houses
- Separate houses numbered 1,414, or 41.9 per cent, concentrated on the higher ground.
- Townhouses
- Townhouse and semi-detached dwellings numbered only 339, or 10.0 per cent of occupied homes.
Official sale price and rent figures for Coorparoo and Greenslopes
Only figures published free of charge by a government agency are shown. Where none is published the space is left empty rather than filled with an estimate. Each guide charts the full series.
Coorparoo
No government agency publishes a free median sale price or rent series for Coorparoo, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Greenslopes
No government agency publishes a free median sale price or rent series for Greenslopes, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Transport, schools and amenities in Coorparoo and Greenslopes
Coorparoo
Transport
- Coorparoo station (train)
- Old Cleveland Road buses (bus)
- South East Busway (bus)
- Old Cleveland Road (road)
Schools and campuses
- Coorparoo State School (primary, government)
- Villanova College (secondary, catholic)
- Loreto College (secondary, catholic)
- Brisbane School of Distance Education (combined, government)
Amenities
- Coorparoo Square
- Stones Corner retail strip
- Norman Creek corridor
- Westfield Carindale
Greenslopes
Transport
- Greenslopes busway station (bus)
- Logan Road buses (bus)
- Pacific Motorway (road)
- Logan Road (road)
Schools and campuses
- Greenslopes State School (primary, government)
Amenities
- Greenslopes Private Hospital
- Stones Corner retail strip
- Stephens Mountain
- Norman Creek corridor
School listings show name, level and sector only. Enrolment areas change, so confirm eligibility for a specific address with the school or the Queensland education department.
Compare Coorparoo or Greenslopes with another suburb
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Request a free assessment: Coorparoo or Greenslopes
An accredited mortgage broker can check your borrowing power against prices in Coorparoo and Greenslopes, and explain how lenders treat the homes you are considering. The assessment is free of charge and carries no obligation.