Suburb Profile Report for Coolbinia WA (6050)

Coolbinia House: Median price $850,000, Annual capital growth 1.84%, Number of sales 23, Weekly median advertised rent $428

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

At number 4040th in the list of Australian suburbs ordered by increase in median house value over the last year, Coolbinia, 6050 is in the BOTTOM 10% with a property value increase of -19.24% recorded in median house prices.

Coolbinia,6050 has offered an average of -19.24% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -7.97% to buyers in Coolbinia at the moment, which is less than average for the rest of WA.

Using the current median advertised rental of $427.5 and the average annual increase in value of a median property of 1.84%, investors should hope to achieve an overall return of 2.62%

HOUSE UNIT
$850,000 N/A
-1.16% N/A
-19.24% N/A
1.84% N/A
$428 N/A
23 N/A
2.62% N/A
82.75 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (U)
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Demographics
Total population 1536
Median household income ($/weekly) 2568
Median age of persons 38
Median housing loan repayment ($/monthly) 2600
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 237 15.4
    25-34 years 166 10.8
    35-44 years 219 14.3
    45-54 years 253 16.5
    55-64 years 161 10.5
    Others 499 32.5
    Age Group
    Census Count Percent(%)
    Registered Married 613 56.2
    Not Married 411 37.7
    Defacto Relationship 66 6.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1099 74.5
    Japan 34 2.3
    South Africa 43 2.9
    United Kingdom 97 6.6
    Other 44 3.0
    Others 159 10.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 26 1.9
    Christianity 787 56.3
    Islam 26 1.9
    Judaism 191 13.7
    No Religion 346 24.8
    Others 21 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 44 9.9
    $2,000-$2,499 31 7.0
    $2,500-$2,999 71 16.0
    $3,000-$3,499 54 12.1
    $4,000 or more 73 16.4
    Others 172 38.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 467 39.9
    Not in the labour force 348 29.8
    Employed, worked part-time 292 25.0
    Employed, away from work 44 3.8
    Unemployed, looking for work 18 1.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 138 17.3
    Professionals 278 34.8
    Technicians & trades workers 70 8.8
    Clerical & administrative workers 112 14.0
    Sales 71 8.9
    Others 129 16.2
    Occupation
    Census Count Percent(%)
    Pre-school 28 6.0
    Infants/Primary 157 33.8
    Secondary 135 29.1
    Technical or Further Educational Institution 27 5.8
    University or other Tertiary Institutions 105 22.6
    Others 12 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1340 94.8
    Flat, unit or apartment 64 4.5
    Semi-detached, row or terrace house, townhouse 7 0.5
    House or flat attached to a shop, office 3 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 212 43.3
    Being purchased 193 39.4
    Rented 85 17.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals