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Coolbellup vs Dampier

Property investment comparison - Coolbellup, WA 6163 vs Dampier, WA 6713

Head-to-head across core investment metrics: Coolbellup wins 2, Dampier wins 3. 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.

MetricCoolbellupDampier
Median house price$950K$945K
Median unit price$635K-
Gross rental yield (houses)3.75%6.84%
Gross rental yield (units)4.95%8.84%
1-year house growth+17.8%estimate+10.4%estimate
3-year house growth--
Vacancy rate0.9%1.0%
Population5,6981,282

Coolbellup vs Dampier: what the numbers say

The median house price is $950K in Coolbellup and $945K in Dampier, so Dampier is the cheaper entry point, with Coolbellup houses about 1% dearer.

On cash flow, Dampier leads: houses there return a gross rental yield of 6.84%, compared with 3.75% in Coolbellup, a gap of 3.09 percentage points.

Over the past year house prices moved +17.8% in Coolbellup (an estimate) and +10.4% in Dampier (an estimate), so recent momentum favours Coolbellup, although both suburbs recorded growth.

Rental vacancy is 0.9% in Coolbellup and 1.0% in Dampier, so landlords in Coolbellup face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Coolbellup is the bigger suburb, with a population of 5,698 against 1,282, roughly 4.4 times the size of Dampier; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Dampier for rental income, Dampier for a lower purchase price, Coolbellup for recent price momentum, Coolbellup 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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