If you compare the increase in value of investment property in Coogee, 2034 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 13.48%.
Taking the average capital gain, or increase in median house value, Coogee,2034 has racked up an average of 13.48% over the period. This ranks it number 153th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -3.13% to buyers in Coogee at the moment, which is less than average for the rest of NSW.
On average over the past year, suburb has had 4.17 sales per month, which equates to 50 per year.
Using the current median advertised rental of $900 and the average annual increase in value of a median property of 8.86%, investors should hope to achieve an overall return of 1.79%
With a capital gain of 16.07% for the last 12 months, Coogee, 2034 has performed for property investments than its average annual 7.29% property growth over the last 5 years.
Coogee,2034 has offered an average of 16.07% return per annum in house price rises to property investors over the last three years.
At number 27th of NSW’s most discounted properties, Coogee is in the bottom 10% of the state/territory when listing in order of most discounted to least.
The NSW suburb of Coogee, 2034 is in the Randwick local government area.