Suburb Profile Report for Coolbellup WA (6163)

Coolbellup House: Median price $420,000, Annual capital growth 1.97%, Number of sales 74, Weekly median advertised rent $350

Coolbellup Unit: Median price $280,000, Annual capital growth 0.23%, Number of sales 20, Weekly median advertised rent $300

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
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Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

With a capital gain of -4.76% for the last 12 months, Coolbellup, 6163 has performed for property investments than its average annual 1.97% property growth over the last 5 years.

Across a shorter period, Coolbellup, 6163 has seen a median price increase of 0.00% over the last quarter.

Property investors looking for a bargain in Coolbellup should be aiming for at least -7.90% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 74 properties changed hands in Coolbellup, which puts it as the 142th most active market in WA when comparing the number of sales per suburb.

At number 1351th in the list of Australian suburbs ordered by increase in median house value over the last year, Coolbellup, 6163 is in the BOTTOM 10% with a property value increase of -14.89% recorded in median house prices.

A -13.71% growth in median value for property investors in Coolbellup,6163 puts this suburb at number 63th in terms of best performing suburbs in WA

Renters in Suburb are facing rents around $15600 per annum or $300 every week.

Metrics i HOUSE UNIT
$420,000 $280,000
0.00% -1.23%
-4.76% -14.89%
1.97% 0.23%
$350 $300
74 20
4.33% 5.57%
71.530303030303 N/A

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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