Located in Western Australia within the Murray local government area, Coolup is a small, quiet locality (postcode 6214). It is home to about 420 residents, with an established family demographic and a median age of 38. Households earn a median income of $112K per year, with an average household size of 3.1 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.9% 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 technicians & trades, machinery operators & drivers, managers. Employment in the area leans toward mining and manufacturing. The top ancestries reported are Australian, English, Scottish.
Coolup has a median house price of $688,000, which has climbed sharply by 11.3% year-on-year. The median weekly rent is $270 (Census 2021). This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,000.
Public transport access includes 1 bus stop.
On the investment side, Coolup shows a gross rental yield of approximately 2.0%, rated as low yield. Property prices sit below the state median ($688K/$1.0M), which can point to relative value. The price-to-income ratio of 6.1x is considered moderate. House prices have moved +11.3% year-on-year. Population growth of +3.9% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.