With a capital gain of 17.90% for the last 12 months, Coogee, 2034 has performed for property investments than its average annual 8.15% property growth over the last 5 years.
Over the longer term, Coogee has seen property prices show investors a 49.69% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Coogee is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 1229th in terms of most discounted suburbs in NSW
Renters in Suburb are facing rents around $12000 per annum or $1000 every week.
Coogee is in the TOP 10% in NSW when comparing median price capital growth over the last year. Coogee gave property investors a very good capital gain figure when compared to the rest of the state, with 22.29%.
If we look at median property appreciation over just the last three months, Coogee has given property investors a paper return of 4.47%. This puts Suburb as 112 on a list of fastest fasting appreciating suburbs in NSW
Coogee2034 is located in NSW which offers an average discount of -4.42% to property investors. Coogee itself is showing figures that indicate -10.95% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $660 weekly from the median priced house in this suburb.