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Coolbinia
AREA REPORTS

Coolbinia

Coolbinia - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6050

house

COOLBINIA, 6050 ranks 682nd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 34.53% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,587,500.

The upward trend in home prices in COOLBINIA, 6050 averaged 10.76% per annum over a 3-year period.

Average weekly rents on listings have reached the $650 mark, reflecting a 2.13% increase in returns based on the current median price in COOLBINIA.

An average of 1.83 real estate transactions take place per month in COOLBINIA which translates to 22 per annum.

22 properties were sold in COOLBINIA in 2016, making it the 294th most active market in WA based on total real estate transactions.

COOLBINIA, 6050 places 16th in Australia based on median property value growth during the quarter.

Data report can be found below

Coolbinia
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,587,500 N/A
GROWTH REPORT
Median Quarterly 17.59% N/A
Median 12 month 34.53% N/A
Median 3 years 32.29% N/A
Median 5 years 80.4% N/A
10 years average annual 6.35% N/A
Weekly media advert. rent $650 N/A
Time on Market 20.5 days N/A
Gross Rental Yield Percent 2.13% N/A
demographics (median values)*
Total Population
15380
Weekly Household Income
1894
Household Size
2.30
Age
39
Monthly Loan Repayment
2300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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