Cooloongup is a mid-sized suburb in Western Australia within the Rockingham local government area (postcode 6168). With a population of 6,696, the suburb has an established demographic with a median age of 42. Households earn a median income of $63K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Cooloongup is $549,000, having surged 33.3% over the past year. Units have a median price of $435,000 (+52.6% YoY). The current median weekly rent is $540. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,313.
Cooloongup is served by 2 schools, including 2 primary. The average ICSEA score is 916, which is below the national average of 1,000. Public transport access includes 34 bus stops. Healthcare facilities include 1 public hospital.
From an investment perspective, Cooloongup offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($549K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +33.3% year-on-year.
Cooloongup is a mid-sized suburb in Western Australia within the Rockingham local government area (postcode 6168). With a population of 6,696, the suburb has an established demographic with a median age of 42. Households earn a median income of $63K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Cooloongup is $549,000, having surged 33.3% over the past year. Units have a median price of $435,000 (+52.6% YoY). The current median weekly rent is $540. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,313.
Cooloongup is served by 2 schools, including 2 primary. The average ICSEA score is 916, which is below the national average of 1,000. Public transport access includes 34 bus stops. Healthcare facilities include 1 public hospital.
From an investment perspective, Cooloongup offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($549K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +33.3% year-on-year.