Coolbellup

POSTAL CODE: WA, 6163
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COOLBELLUP, 6163 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in WA have risen as a whole, pulling COOLBELLUP, 6163 values up and netting property investors a capital gain of 15.83% for the past year.

Investors saw the median home price rise to $868,750.

Profits due to an upward trend in home prices in the suburb averaged 18.38% per annum over a 3-year period.

COOLBELLUP now ranks at the 148th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in COOLBELLUP are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $680 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In COOLBELLUP, homes and units usually stay on listing for an average of 17.7 days.

In 2016, 124 properties were sold in COOLBELLUP during the past year, making it the 466th most active market in WA based on total real estate transactions.

Surburb overview

Coolbellup is approximately 15 kilometres south of Perth’s central business district, within the City of Cockburn. The suburb encompasses an area of around 2.5 square kilometres and is bordered by North Lake Road, Stock Road, and Winterfold Road.

As per the 2021 Census, Coolbellup had a population of 5,702 residents, with a median age of 37. The demographic profile indicates a diverse community, with 52.2% identifying as having no religion, 15.7% as Catholic, and 7.7% as Anglican. Approximately 38.1% of residents have parents born in Australia, while 37.8% have both parents born overseas.

Several Transperth bus routes, including the 160, 511, 512, 513, 531, and 532, facilitate public transportation in Coolbellup. These routes connect to Fremantle Station, Murdoch Station, and Cockburn Central Station. The suburb is also accessible via the Kwinana Freeway, which offers convenient road links to Perth and surrounding areas.

Educational facilities in the suburb include Coolbellup Community School, an Independent Public School catering to students from Kindergarten to Year 6.  Secondary education options for residents encompass Fremantle College and Hamilton Senior High School, located in nearby suburbs.

Healthcare services are available at Coolbellup Medical Centre, a family-friendly practice offering a full range of primary health services for all ages.  The suburb also hosts the Coolbellup Child Health Centre, providing maternal and child health services.

Recreational spaces in Coolbellup include Len Packham Park, which features sports facilities and a community centre. Tempest Park is an active sporting reserve, home to the Coolbellup Amateur Football Club and Phoenix Cricket Club.  Monfloors Park and Hargreaves Park offer additional green spaces for residents to enjoy outdoor activities.

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