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Koondoola, WA 6064
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$830,000
list-price estimate
Median Unit
$665,000
list-price estimate
Gross Yield (houses)
4.6%
1yr Growth (houses)
+22.8%
market range +20.0% to +27.5%
Investment snapshot for Koondoola
Koondoola has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Koondoola market and investor summary
In Koondoola, WA 6064, houses show a gross rental yield of 4.6%. House prices have moved +22.8% over the past year and +84.8% over three years. At 0.9% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.6% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.9% and a resident base that is not shrinking.
Living in Koondoola: people, income and schools
About 3,919 people live in Koondoola, a number that has held fairly steady over five years. The median age is 35, broadly working-age, and families account for 71% of households.
Households here earn a median of about $62,000 a year, or roughly $1,190 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). Locally, around 31% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There are 59 schools within about 5km, testing below the national school average on ICSEA. It is roughly 12 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 53 for walkability and 5 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 3,919
- +4% over 5yr
- Median age
- 35 years
- Median household income
- $62,000/yr
- Households renting
- 34%
- Family households
- 71%
- Socio-economic rank
- 2/10
- ABS advantage index
- Schools within 5km
- 59
- avg ICSEA 881
- Unemployment
- 10.2%
- Distance to CBD
- 12 km
- Walk score
- 53/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Koondoola
View all →Frequently asked questions about Koondoola
What should I check before investing in Koondoola?
Koondoola has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.4%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +22.8% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What rental yield does Koondoola show?
The gross rental yield in Koondoola is 4.6% for houses and 5.4% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Koondoola?
House prices in Koondoola are up 22.8% over the past year and up 84.8% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Koondoola?
The current vacancy rate in Koondoola is 0.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Koondoola?
Koondoola has a population of approximately 3,919 residents, with a median age of 35.
What schools are near Koondoola?
There are 59 schools within roughly 5km of Koondoola. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Koondoola's population growing?
The population of Koondoola has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Koondoola from the CBD?
Koondoola is about 12 km from the CBD.
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