Suburb Profile Report for Cooloongup WA (6168)

Cooloongup House: Median price $258,000, Annual capital growth -1.05%, Number of sales 87, Weekly median advertised rent $300

Cooloongup Unit: Median price $188,500, Annual capital growth 0.98%, Number of sales 10, Weekly median advertised rent $260

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Over the last year, property investments in Cooloongup, 6168 have given investors a capital gain of 2.18%. This compares favourably with the -1.74% for WA as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Cooloongup comes in at number 368th in WA.

Vendor discounting in Cooloongup is giving property investors an average Vendor Discount of around -9.69%. This puts suburb at number 66th in WA when ranking the most discounted suburbs.

In the last year 87 properties changed hands in Cooloongup, which puts it as the 126th most active market in WA when comparing the number of sales per suburb.

With the median price for a house in Cooloongup being $258000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 6.05%

Cooloongup, 6168’s gross rental yield is 7.17%

Metrics i HOUSE UNIT
$258,000 $188,500
1.23% N/A
2.18% N/A
-1.05% 0.98%
$300 $260
87 10
6.05% 7.17%
71.1666666666667 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 6746
Median household income ($/weekly) 1025
Median age of persons 38
Median housing loan repayment ($/monthly) 1560
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 826 12.2
    25-34 years 773 11.5
    35-44 years 845 12.5
    45-54 years 933 13.8
    55-64 years 809 12.0
    Others 2561 38.0
    Age Group
    Census Count Percent(%)
    Not Married 2168 44.5
    Registered Married 2090 42.9
    Defacto Relationship 619 12.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 4413 69.2
    Papua New Guinea 309 4.8
    South Africa 100 1.6
    United Kingdom 1069 16.8
    Other 129 2.0
    Others 361 5.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 57 0.9
    Christianity 3926 64.9
    Islam 44 0.7
    Other Religious Groups 50 0.8
    No Religion 1954 32.3
    Others 20 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 202 9.2
    $400-$599 291 13.3
    $600-$799 230 10.5
    $800-$999 214 9.8
    $1,500-$1,999 284 12.9
    Others 973 44.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2027 39.5
    Employed, worked full-time 1792 34.9
    Employed, worked part-time 829 16.1
    Unemployed, looking for work 250 4.9
    Employed, away from work 239 4.7
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 590 20.6
    Community & personal service workers 386 13.5
    Clerical & administrative workers 368 12.9
    Machinery operators & drivers 350 12.2
    Labourers 413 14.4
    Others 752 26.3
    Occupation
    Census Count Percent(%)
    Pre-school 82 6.4
    Infants/Primary 500 39.3
    Secondary 384 30.2
    Technical or Further Educational Institution 152 11.9
    University or other Tertiary Institutions 109 8.6
    Others 45 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5918 94.0
    Flat, unit or apartment 216 3.4
    Semi-detached, row or terrace house, townhouse 150 2.4
    House or flat attached to a shop, office 10 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1046 42.5
    Rented 718 29.2
    Fully owned 683 27.8
    Other tenure type 13 0.5
    Tenure Type
Census 2011, ABS
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