Property investors who have had real estate in North Coogee, 6163 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.39%
When looking at the potential capital gains offered to property investors over the last 3 years, North Coogee comes in at number 366th in WA.
Sellers are offering property buyers an average discount of -9.34% to buyers in North Coogee at the moment, which is less than average for the rest of WA.
The WA suburb of North Coogee, 6163 is in the Cockburn local government area.
Property investors who have had real estate in North Coogee, 6163 should be relatively pleased with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.32%
While North Coogee,6163 ranked number 3rd in WA for increase in median house value (annualised) increase, it is ranked 7th over the last 5 years.
Property investors looking for a bargain in North Coogee should be aiming for at least -11.57% off the asking price, which is the average vendor discount being achieved at the moment.
A $415 per week rent on the median house gives suburb investors a gross yield of circa 3.69%, without taking into account capital value appreciation, which has been averaging out at -2.98%.