Coolgardie (postcode 6429) is a close-knit residential community in Western Australia within the Coolgardie local government area. With a population of 773, the suburb has a settled, mature resident base with a median age of 49. Households earn a median income of $66K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% 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 machinery operators & drivers, technicians & trades, clerical & administrative. Employment in the area leans toward mining and public admin & safety. The top ancestries reported are English, Australian, Aboriginal Australian.
Median house prices in Coolgardie stand at $218,000, having risen solidly by 8.8% over the last twelve months. The current median weekly rent is $420. This gives a gross rental yield of approximately 10.0%. The median monthly mortgage repayment is $927.
Coolgardie is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 764, which is well below the national average of 1,000. Public transport access includes 2 bus stops.
Looking at the investment signals, Gross rental yield sits at around 10.0% (high yield). Property prices sit below the state median ($218K/$1.0M), which can point to relative value. The price-to-income ratio of 3.3x is considered affordable. House prices have moved +8.8% year-on-year. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.