Suburb Profile Report for Coolbellup WA (6163)

Coolbellup House: Median price $443,000, Annual capital growth 2.10%, Number of sales 73, Weekly median advertised rent $320

Coolbellup Unit: Median price $355,000, Annual capital growth 1.66%, Number of sales 25, Weekly median advertised rent $290

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

Coolbellup, 6163 ranked 364th in WA when comparing growth in median property values or capital gain over the last 12 months. Coolbellup is one of 1662 in our list for WA

Coolbellup,6163 was ranked 3181 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Coolbellup should be aiming for at least -7.22% off the asking price, which is the average vendor discount being achieved at the moment.

The WA suburb of Coolbellup, 6163 is in the Cockburn local government area.

Coolbellup has had a A very good year for property investment returns compared to the rest of WA, giving investors a capital gain of 1.72% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Coolbellup comes in at number 18th in WA.

LACK OF BUYER INTEREST may well be the reason that Coolbellup is offering property investors an average of -9.02. This rate of discount on properties puts Suburb at number 89th in terms of most discounted suburbs in WA

Residents and property investors in Coolbellup have been waiting around 140.22 days to sell a property.

A $290 per week rent on the median house gives suburb investors a gross yield of circa 4.25%, without taking into account capital value appreciation, which has been averaging out at 1.66%.

Metrics i HOUSE UNIT
$443,000 $355,000
-1.12% -0.84%
-10.51% 1.72%
2.10% 1.66%
$320 $290
73 25
3.76% 4.25%
87.58 140.22

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
Find a mortgage broker in Coolbellup WA
Demographics
Total population 4917
Median household income ($/weekly) 982
Median age of persons 36
Median housing loan repayment ($/monthly) 1733
Average household size 2.2
  • Census Count Percent(%)
    25-34 years 873 17.8
    35-44 years 737 15.0
    45-54 years 583 11.9
    55-64 years 480 9.8
    65-74 years 491 10.0
    Others 1753 35.7
    Age Group
    Census Count Percent(%)
    Not Married 1880 51.0
    Registered Married 1255 34.1
    Defacto Relationship 548 14.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3266 70.7
    Papua New Guinea 124 2.7
    Philippines 71 1.5
    United Kingdom 444 9.6
    Other 272 5.9
    Others 440 9.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 70 1.6
    Christianity 2548 58.3
    Islam 68 1.6
    Other Religious Groups 34 0.8
    No Religion 1607 36.8
    Others 42 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 220 11.8
    $400-$599 211 11.3
    $800-$999 177 9.5
    $1,000-$1,249 197 10.6
    $1,500-$1,999 247 13.3
    Others 810 43.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1421 36.9
    Employed, worked full-time 1411 36.6
    Employed, worked part-time 691 17.9
    Unemployed, looking for work 172 4.5
    Employed, away from work 157 4.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 424 18.8
    Technicians & trades workers 405 17.9
    Community & personal service workers 249 11.0
    Clerical & administrative workers 310 13.7
    Labourers 300 13.3
    Others 573 25.3
    Occupation
    Census Count Percent(%)
    Pre-school 60 6.5
    Infants/Primary 310 33.4
    Secondary 198 21.3
    Technical or Further Educational Institution 113 12.2
    University or other Tertiary Institutions 213 23.0
    Others 34 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3750 82.3
    Flat, unit or apartment 473 10.4
    Semi-detached, row or terrace house, townhouse 332 7.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 787 38.5
    Rented 768 37.5
    Fully owned 481 23.5
    Other tenure type 10 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals