Suburb Profile Report for Coolbinia WA (6050)

Coolbinia House: Median price $1,201,000, Annual capital growth 3.04%, Number of sales 29, Weekly median advertised rent $520

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Coolbinia, 6050 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this WA suburb was 40.47%.

Taking the average capital gain, or increase in median house value, Coolbinia,6050 has racked up an average of 40.47% over the period. This ranks it number 2272th in the whole country for real estate investors looking at median house price increases.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.15% offered to property buyers. Sellers in Coolbinia itself are offering an average vendor discount of -11.03% to real estate investors.

Residents and property investors in Coolbinia have been waiting around 99.2 days to sell a property.

Metrics i HOUSE UNIT
$1,201,000 N/A
1.35% N/A
40.47% N/A
3.04% N/A
$520 N/A
29 N/A
2.25% N/A
99.2 N/A

Source: CoreLogic

DSR Score for property investment : Above 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