Spearwood vs Coolbellup.
Comparing two suburbs with median house prices of $700,000 and $710,000. Coolbellup edges out on more headline metrics in this comparison.
Spearwood (median $700,000) is roughly 1% cheaper to buy into than Coolbellup ($710,000).
Coolbellup scores higher on walkability (10/100 vs 12/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Coolbellup (1025) sits above Spearwood (1017).
For buyers
Spearwood is the lower entry point at $700,000 median, 1% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Spearwood offers the higher gross rental yield (2.60% vs 2.56%), favouring cash-flow investors.
For families
Coolbellup edges out on average school ICSEA (1025 vs 1017).
Common questions
Is Spearwood or Coolbellup cheaper to buy in?
Spearwood has the lower median house price at $700,000, roughly 1% below Coolbellup ($710,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Spearwood or Coolbellup have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Coolbellup scores 1025 vs 1017 in Spearwood. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Spearwood or Coolbellup?
Coolbellup scores 12/100 on walkability vs 10/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Spearwood or Coolbellup?
Gross rental yield on houses is 2.60% in Spearwood vs 2.56% in Coolbellup. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Spearwood against another suburb