All About Coolbellup, Cockburn, WA, 6163

Coolbellup, situated in the City of Cockburn, Western Australia, is an evolving suburb known for its relatively affordable housing market compared to neighboring areas. Over recent years, Coolbellup has experienced a steady increase in demand, driven by its proximity to Perth and the regeneration projects aimed at enhancing its residential appeal. The housing stock in Coolbellup is diverse, featuring a mix of older homes ripe for renovation, alongside newer developments that appeal to both first-time buyers and investors. This blend often makes it an attractive option for those looking to enter the property market without reaching the high prices seen in nearby suburbs like Fremantle. With ongoing community investment and infrastructure development, including schools and recreational facilities, Coolbellup’s housing market seems poised for continued growth.

Living in Coolbellup offers a unique blend of community and convenience. Residents benefit from an array of local amenities such as parks, shopping centers, and public transport links that connect efficiently into the greater Perth area. The suburb retains a relaxed, suburban feel with a leafy environment, which is appealing to families, young professionals, and retirees alike. Community initiatives and local events foster a sense of belonging among residents. Proximity to educational institutions, like Murdoch University, adds to the appeal, especially for students and academic professionals seeking a vibrant yet residential suburb. Additionally, the nearby Beeliar Regional Park provides nature enthusiasts with ample opportunities for outdoor activities. Overall, Coolbellup offers a well-rounded lifestyle with the comforts of suburban living and the conveniences of urban proximity.

Coolbellup Real Estate Market Outlook

Thinking about buying in Coolbellup? Now could not be a better time, with 3615 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $578,000 with prices in this suburb ranging from $132,000 to $1,828,000. Coolbellup is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Coolbellup are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Coolbellup leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Coolbellup necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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