Located in Western Australia within the Stirling local government area, Coolbinia is a small community (postcode 6050). The area has roughly 1,751 residents and an established demographic, with a median age of 40. Households earn a median income of $168K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. WA employment has moved +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward professional services and healthcare. The top ancestries reported are English, Australian, Italian.
The median house price in Coolbinia is $2.1 million, having jumped by 14.8% over the past year. The current median weekly rent is $665. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,600.
Coolbinia is served by 2 schools, including 1 primary, 1 special. The average ICSEA score is 1086, which is above the national average of 1,000. Public transport access includes 13 bus stops.
Looking at the investment signals, Gross rental yield sits at around 1.6% (low yield). Property prices are above the state median ($2.1M/$1.0M), placing it in the premium segment. The price-to-income ratio of 12.5x is considered stretched. House prices have moved +14.8% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.