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Cooloongup
AREA REPORTS

Cooloongup

Cooloongup - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6168

house
unit

Property investments in COOLOONGUP fare well against the rest of the country last year, registering a median home price increase of 23.3%.

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

Based on its average 5-year and quarterly capital gains COOLOONGUP, 6168 saw average growth in the long term.

Real estate investors could earn a rental income of $375 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 29.4 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $340,000.

COOLOONGUP ranks 69th on the list of best yielding suburbs for rental properties in WA, posting a 5.74% return.

Data report can be found below

Cooloongup
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $340,000 $235,000
GROWTH REPORT
Median Quarterly 3.03% 10.59%
Median 12 month 23.3% 26.34%
Median 3 years 31.78% N/A
Median 5 years 9.68% N/A
10 years average annual 2.22% 26.34%
Weekly media advert. rent $375 $290
Time on Market 29.4 days 34.9 days
Gross Rental Yield Percent 5.74% 6.42%
demographics (median values)*
Total Population
24027
Weekly Household Income
1082
Household Size
2.20
Age
44
Monthly Loan Repayment
1580
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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