Suburb Profile Report for South Coogee NSW (2034)

South Coogee House: Median price $2,262,500, Annual capital growth 6.71%, Number of sales 50, Weekly median advertised rent $1,350

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

Source: CoreLogic

  • House Report
  • Expert Report

Over the last year, property investments in South Coogee, 2034 have given investors a capital gain of 2.84%. This compares badly with the 9.05% for NSW as a whole.

While South Coogee,2034 ranked number 1078th in NSW for increase in median house value (annualised) increase, it is ranked 853th over the last 5 years.

Vendor discounting in South Coogee is giving property investors an average Vendor Discount of around -6.79%. This puts suburb at number 256th in NSW when ranking the most discounted suburbs.

Situated 8.36km from the CBD, South Coogee is one of Randwick localities in the postcode 2034.

Information supplied by:


April 2017

M
O

W
E
Likely because of its ideal location, South Coogee is an expensive suburb, with the median house price clocking in at over $2m.Full summary

Water views and beaches enhance its value
Median house price: $2,205,500
Vacancy rate: 0.77%
Three-year growth: 42.06%

Less than 10km south of Sydney is the beachside suburb of South Coogee. It provides residents and visitors with a beautiful view of the water from Coastal Walk.

Likely because of its ideal location, South Coogee is an expensive suburb, with the median house price clocking in at over $2m. Meanwhile, the average rent is a steep $1,225 per week. Although prices dropped slightly over January 2017, the suburb has historically recorded significant growth over the years, with a high average annual growth rate of 8.03%. The average vacancy rate fell from 1.23% to a very low 0.77% as well.

South Coogee houses Latham Park, a good-sized recreational spot that includes sports facilities such as football fields and bowling greens. It is also the home of the first cemetery in the Randwick municipality. The local shopping centre is situated near this cemetery.
 

Close
Metrics i HOUSE UNIT
$2,262,500 N/A
0.33% N/A
2.84% N/A
6.71% N/A
$1,350 N/A
50 N/A
3.10% N/A
125.4 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
Find a mortgage broker in South Coogee NSW
Demographics
Total population 5076
Median household income ($/weekly) 1065
Median age of persons 42
Median housing loan repayment ($/monthly) 3100
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 662 13.0
    25-34 years 538 10.6
    35-44 years 742 14.6
    45-54 years 791 15.6
    55-64 years 582 11.5
    Others 1761 34.7
    Age Group
    Census Count Percent(%)
    Not Married 1748 48.1
    Registered Married 1646 45.3
    Defacto Relationship 239 6.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3055 66.3
    Croatia 85 1.8
    South Africa 80 1.7
    United Kingdom 260 5.6
    Other 439 9.5
    Others 691 15.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 99 2.2
    Christianity 3229 71.4
    Islam 62 1.4
    Judaism 276 6.1
    No Religion 828 18.3
    Others 31 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 161 9.4
    $300-$399 230 13.5
    $400-$599 160 9.4
    $2,500-$2,999 144 8.4
    $4,000 or more 159 9.3
    Others 855 50.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1629 43.6
    Employed, worked full-time 1230 32.9
    Employed, worked part-time 666 17.8
    Employed, away from work 109 2.9
    Unemployed, looking for work 104 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 336 16.8
    Professionals 687 34.3
    Community & personal service workers 188 9.4
    Clerical & administrative workers 325 16.2
    Sales 149 7.4
    Others 320 16.0
    Occupation
    Census Count Percent(%)
    Pre-school 78 6.5
    Infants/Primary 433 36.2
    Secondary 333 27.8
    Technical or Further Educational Institution 87 7.3
    University or other Tertiary Institutions 229 19.1
    Others 37 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2464 53.4
    Flat, unit or apartment 1538 33.3
    Semi-detached, row or terrace house, townhouse 607 13.1
    House or flat attached to a shop, office 9 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1002 53.3
    Fully owned 456 24.2
    Being purchased 392 20.8
    Other tenure type 31 1.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals