Is Koondoola a good suburb to buy a first home or investment?

You are looking in the wrong places. Dont invest in those areas, very bad reputation, alot of crime and the streets look like a drive by shooting just happened. Stick to suburbs closer to the city or the beach like, Mullaloo, Hillarys, Yokine, Scarborough, duncraig, greenwood, even Madely or Landsdale, but for christ sake not Koondoola,. Girrawheen, Balaga or Mirrabooka

No

No....Yokine would be better!! ;-)

Try Balga or Mirrabooka. Im looking at a first home too and they seem a lil bit nicer and newer. But i reckon any of those areas r a good investment as theyre close to the city, beach, airport and with easy access to main rds such as Reid Hwy, Wanneroo Rd n Alexander Dve.

For a first home you might like to look elsewhere, but don't overlook potential growth. For investment there is a different set of rules - you are looking for rent return or growth, or preferably both. I don't know what Koondoola is like for tenants, but if you can get a decent tenant then there is no reason not to invest in a lower end suburb. Investment is not about getting the nicest house in hte nicest spot, like you might aim for when buying your own home.

Those areas may offer re-development opportunities and shouldn't be overlooked as investments. It would be great if everyone could invest in houses by the beach and close to the city but at double or more in price, it isn't usually feasible.

Koondoola had improved dramatically over last couple of years and has had 18% growth over the last year! It is a great place to invest! Read this article ->http://www.perthnow.com.au/realestate/a-place-for-starting-over/story-e6frg3ol-1111114086424
You can't go wrong with buying in Koondoola!