Coolbellup WA

Postcode 6163 · Cockburn LGA

Coolbellup is a mid-sized suburb in Western Australia within the Cockburn local government area (postcode 6163). With a population of 5,698, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $72K per year, with an average household size of 2.1 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.

The median house price in Coolbellup is $710,000, having surged 22.4% over the past year. Units have a median price of $441,000 (+28.4% YoY). The current median weekly rent is $610. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,600.

Coolbellup is served by 2 schools, including 1 primary, 1 special. The average ICSEA score is 933, which is below the national average of 1,000. Public transport access includes 50 bus stops.

From an investment perspective, Coolbellup offers a gross rental yield of 4.5%, rated as moderate yield. Property prices are near the state median ($710K/$951K). The price-to-income ratio of 9.9x is considered moderate. House prices have moved +22.4% year-on-year.

INVESTMENT SIGNALS
Rental Yield4.5% Moderate Yield
Price vs State$710K/$951K Near Median
Affordability9.9x Moderate
Price Momentum+22.4% Rising
INCOME (ATO 2022-23)
Median Income$61,931
Mean Income$70,605
Earners6,002
YoY Change+3.1%
SEIFA INDEX (ABS)
Advantage3/10
Education6/10
Economic1/10
Disadvantage4/10
MEDIAN HOUSE
$710K
22.4% YoY
MEDIAN UNIT
$441K
28.4% YoY
MEDIAN RENT /WK
$300
POPULATION
5,698
DEMOGRAPHICS
Median Age37
Household Size2.1
HH Income /wk$1,378
Personal Income /wk$772
Mortgage /mth$1,600
TRANSPORT
Bus Stops50
SCHOOLS (2)
Avg ICSEA933
Total Students211
Government2
Coolbellup Community SchoolPrimary · Government · ICSEA 905
Coolbellup Learning CentreSpecial · Government · ICSEA 961
Data: 2024