Suburb Profile Report for Coogee NSW (2034)

Coogee House: Median price $2,600,000, Annual capital growth 8.27%, Number of sales 53, Weekly median advertised rent $1,030

Coogee Unit: Median price $1,095,000, Annual capital growth 7.81%, Number of sales 265, Weekly median advertised rent $680

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Coogee have tracked lower than the NSW average of 9.05% over the last 12 months.

If we look at median property appreciation over just the last three months, Coogee has given property investors a paper return of -4.59%. This puts Suburb as 1327 on a list of fastest fasting appreciating suburbs in NSW

Often selling an investment property can take time, and in Coogee the average time real estate has been on the market is 25.7 days.

A $1030 per week rent on the median house gives suburb investors a gross yield of circa 2.06%, without taking into account capital value appreciation, which has been averaging out at 8.27%.

Property value increases in Coogee have tracked higher than the NSW average of 6.22% over the last 12 months.

Across a shorter period, Coogee, 2034 has seen a median price increase of 3.30% over the last quarter.

Property investors looking for a bargain in Coogee should be aiming for at least -9.95% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Coogee the average time real estate has been on the market is 30 days.

Metrics i HOUSE UNIT
$2,600,000 $1,095,000
-4.59% 3.30%
-0.84% 21.60%
8.27% 7.81%
$1,030 $680
53 265
2.06% 3.23%
25.7 30

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 14012
Median household income ($/weekly) 2099
Median age of persons 34
Median housing loan repayment ($/monthly) 2600
Average household size 2.2
  • Census Count Percent(%)
    20-24 years 1032 7.4
    25-34 years 3999 28.5
    35-44 years 2643 18.9
    45-54 years 1563 11.2
    55-64 years 1190 8.5
    Others 3586 25.6
    Age Group
    Census Count Percent(%)
    Not Married 5032 47.5
    Registered Married 3571 33.7
    Defacto Relationship 1984 18.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 8076 63.1
    Italy 481 3.8
    Papua New Guinea 443 3.5
    United Kingdom 1354 10.6
    Other 905 7.1
    Others 1540 12.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 222 1.8
    Christianity 7525 61.4
    Islam 67 0.5
    Judaism 363 3.0
    No Religion 3962 32.3
    Others 113 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 662 12.4
    $2,000-$2,499 505 9.5
    $2,500-$2,999 882 16.6
    $3,000-$3,499 477 9.0
    $4,000 or more 594 11.1
    Others 2209 41.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 6087 54.8
    Not in the labour force 2282 20.5
    Employed, worked part-time 1980 17.8
    Employed, away from work 454 4.1
    Unemployed, looking for work 312 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 1342 15.7
    Professionals 3467 40.7
    Technicians & trades workers 763 9.0
    Community & personal service workers 711 8.3
    Clerical & administrative workers 1117 13.1
    Others 1121 13.2
    Occupation
    Census Count Percent(%)
    Pre-school 199 7.3
    Infants/Primary 666 24.4
    Secondary 378 13.8
    Technical or Further Educational Institution 301 11.0
    University or other Tertiary Institutions 1041 38.1
    Others 149 5.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 8678 69.5
    Separate house 2193 17.6
    Semi-detached, row or terrace house, townhouse 1602 12.8
    House or flat attached to a shop, office 10 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 3112 53.3
    Fully owned 1388 23.8
    Being purchased 1312 22.5
    Other tenure type 25 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals