Suburb Profile Report for South Coogee NSW (2034)

South Coogee House: Median price $2,330,500, Annual capital growth 6.46%, Number of sales 47, Weekly median advertised rent $1,200

South Coogee Unit: Median price $1,125,000, Annual capital growth 8.63%, Number of sales 10, Weekly median advertised rent $690

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

NSW has seen average median house prices change by 10.13% which means that South Coogee, 2034 has done well for property investors by showing a capital gain of 8.40% over the last year

South Coogee,2034 has offered an average of 8.40% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that South Coogee is offering property investors an average of -5.28. This rate of discount on properties puts Suburb at number 168th in terms of most discounted suburbs in NSW

South Coogee is 948th on a list of best yielding suburbs for rents in NSW with a 2.68% return

Property investors who have had real estate in South Coogee, 2034 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 26.26%

Taking the average capital gain, or increase in median house value, South Coogee,2034 has racked up an average of 26.26% over the period. This ranks it number 165th in the whole country for real estate investors looking at median house price increases.

Information supplied by:


April 2017

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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
$2,330,500 $1,125,000
2.55% 27.12%
8.40% 26.26%
6.46% 8.63%
$1,200 $690
47 10
2.68% 3.19%
90.84 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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
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