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Banjup vs Coolbinia

Property investment comparison - Banjup, WA 6164 vs Coolbinia, WA 6050

Head-to-head across core investment metrics: Banjup wins 1, Coolbinia wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricBanjupCoolbinia
Median house price$2.2M$2.1M
Median unit price$790K-
Gross rental yield (houses)-2.36%
Gross rental yield (units)3.89%4.80%
1-year house growth-+7.8%estimate
3-year house growth+75.9%-
Vacancy rate1.6%1.7%
Population1,3771,751

Banjup vs Coolbinia: what the numbers say

The median house price is $2.2M in Banjup and $2.1M in Coolbinia, so Coolbinia is the cheaper entry point, with Banjup houses about 6% dearer.

Rental vacancy is 1.6% in Banjup and 1.7% in Coolbinia, so landlords in Banjup face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Coolbinia is the bigger suburb, with a population of 1,751 against 1,377, larger than Banjup; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Coolbinia for a lower purchase price, Banjup for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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