Suburb Profile Report for Coolbellup WA (6163)

Coolbellup House: Median price $465,000, Annual capital growth 2.78%, Number of sales 71, Weekly median advertised rent $330

Coolbellup Unit: Median price $357,500, Annual capital growth 2.11%, Number of sales 14, Weekly median advertised rent $293

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Coolbellup have tracked lower than the WA average of -3.83% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Coolbellup comes in at number 63th in WA.

LACK OF BUYER INTEREST may well be the reason that Coolbellup is offering property investors an average of -8.22. This rate of discount on properties puts Suburb at number 268th in terms of most discounted suburbs in WA

Coolbellup, 6163’s gross rental yield is 3.69%

WA has seen average median house prices change by -4.86% which means that Coolbellup, 6163 has not done well for property investors by showing a capital gain of 2.44% over the last year

Taking the average capital gain, or increase in median house value, Coolbellup,6163 has racked up an average of 2.44% over the period. This ranks it number 990th in the whole country for real estate investors looking at median house price increases.

Coolbellup6163 is located in WA which offers an average discount of -8.71% to property investors. Coolbellup itself is showing figures that indicate -6.63% is the average achievable by property buyers investing in the suburb.

With the median price for a house in Coolbellup being $357500 and the advertised rent reaching $292.5 the gross rental yield for property investors calculates out to be 4.25%

Metrics i HOUSE UNIT
$465,000 $357,500
-3.13% N/A
-9.88% 2.44%
2.78% 2.11%
$330 $293
71 14
3.69% 4.25%
84.1 113.71

Source: CoreLogic

DSR Score for property investment : Below average (U), Balanced (H)
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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