Koondoola is a compact suburb in Western Australia within the Wanneroo local government area (postcode 6064). The area has roughly 3,919 residents and a mix of families and early-career residents, with a median age of 35. Households earn a median income of $62K 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 +3.2% 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 labourers, technicians & trades, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Vietnamese.
The median house price in Koondoola is $765,000, having jumped by 18.6% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,387.
Koondoola is served by 4 schools, including 2 primary, 1 combined, 1 special. The average ICSEA score is 920, which is below the national average of 1,000. Public transport access includes 35 bus stops.
On the investment side, The gross rental yield works out to roughly 4.4%, which reads as moderate yield. Property prices are near the state median ($765K/$1.0M). The price-to-income ratio of 12.4x is considered stretched. House prices have moved +18.6% year-on-year. Population growth of +3.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.