With a capital gain of 10.95% for the last 12 months, Coogee, 2034 has performed for property investments than its average annual 8.08% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Coogee has given property investors a paper return of -4.65%. This puts Suburb as 1250 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Coogee is $2500000, with sellers offering an average of -0.53% off the asking price.
In the last year 56 properties changed hands in Coogee, which puts it as the 581th most active market in NSW when comparing the number of sales per suburb.
Situated 7.04km from the CBD, Coogee is one of Randwick localities in the postcode 2034.
Property value increases in Coogee have tracked higher than the NSW average of 6.59% over the last 12 months.
The five-year average increase in median property values for Coogee,2034 has given property investors a potential capital gain of 50.77% across each of those five years.
Sellers are offering property buyers an average discount of -7.96% to buyers in Coogee at the moment, which is less than average for the rest of NSW.