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.
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.