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Coodanup vs Pinjarra

Property investment comparison - Coodanup, WA 6210 vs Pinjarra, WA 6208

Head-to-head across core investment metrics: Coodanup wins 4, Pinjarra wins 1. 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.

MetricCoodanupPinjarra
Median house price$700K$700K
Median unit price--
Gross rental yield (houses)4.51%4.26%
Gross rental yield (units)5.38%3.20%
1-year house growth+16.7%+22.6%
3-year house growth+76.7%+68.9%
Vacancy rate1.4%2.2%
Population4,3664,914

Coodanup vs Pinjarra: what the numbers say

Houses cost about the same in both suburbs: the median house price is $700K in Coodanup and $700K in Pinjarra.

On cash flow, Coodanup leads: houses there return a gross rental yield of 4.51%, compared with 4.26% in Pinjarra, a gap of 0.25 percentage points.

Over the past year house prices moved +16.7% in Coodanup and +22.6% in Pinjarra, so recent momentum favours Pinjarra, although both suburbs recorded growth.

Looking back three years, Coodanup houses are +76.7% and Pinjarra houses +68.9%, so Coodanup has compounded faster than Pinjarra over the longer window.

Rental vacancy is 1.4% in Coodanup and 2.2% in Pinjarra, so landlords in Coodanup face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Pinjarra is the bigger suburb, with a population of 4,914 against 4,366, larger than Coodanup; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Coodanup for rental income, Pinjarra for recent price momentum, Coodanup 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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