Suburb Profile Report for North Coogee WA (6163)

North Coogee House: Median price $1,125,000, Annual capital growth 6.84%, Number of sales 20, Weekly median advertised rent $850

North Coogee Unit: Median price $530,000, Annual capital growth -4.71%, Number of sales 25, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

WA has seen average median house prices change by -5.06% which means that North Coogee, 6163 has not done well for property investors by showing a capital gain of -9.64% over the last year

Over the longer term, North Coogee has seen property prices show investors a -6.25% return over the last 3 years. This is worse than over the last 12 months

North Coogee, 6163 is offering WA ‘s 42th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this WA.

Renters in Suburb are facing rents around $10200 per annum or $850 every week.

At number 1681th in the list of Australian suburbs ordered by increase in median house value over the last year, North Coogee, 6163 is in the BOTTOM 10% with a property value increase of -19.94% recorded in median house prices.

Across a shorter period, North Coogee, 6163 has seen a median price increase of 12.77% over the last quarter.

Sellers are offering property buyers an average discount of -5.40% 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.

YIP MAG Information supplied by:

YIP MAG
January 2016

M
O

W
E
North Coogee is not immune to the struggles faced by Perth and the rest of the WA property market.Full summary North Coogee is not immune to the struggles faced by Perth and the rest of the WA property market.

This is best illustrated by the beachside suburb’s soaring vacancy rate, which has risen to 16.48%.

The current vacant dwellings in North Coogee are likely to be houses; more than 50% of its housing stock is made up of detached houses (ABS).

North Coogee’s problems might also be caused by the industrial nature of the area, with facilities such as the Robb Jetty Freight Terminal and the WA Salt refinery located in the suburb.

On the plus side is the fact that North Coogee is just a short drive from the Fremantle CBD and only a 20-minute drive from the centre of Perth.

The Cy O’Connor reserve is an extensive stretch of parkland along thecoast and features a number of walking tracks.

Coogee Marina is also a popular attraction, while the South Beach train station offers easily accessible public transport.Close
HOUSE UNIT
$1,125,000 $530,000
-2.17% 12.77%
-9.64% -19.94%
6.84% -4.71%
$850 $380
20 25
3.93% 3.73%
139.05 121.33

Source: CoreLogic

DSR Score for property investment : Below average (H), Below average (U)
Find a mortgage broker in North Coogee WA
Demographics
Total population 579
Median household income ($/weekly) 2764
Median age of persons 39
Median housing loan repayment ($/monthly) 4635
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 84 14.5
    25-34 years 50 8.6
    35-44 years 123 21.2
    45-54 years 100 17.3
    55-64 years 77 13.3
    Others 145 25.0
    Age Group
    Census Count Percent(%)
    Registered Married 236 58.6
    Not Married 128 31.8
    Defacto Relationship 39 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 346 65.3
    Greece 11 2.1
    South Africa 26 4.9
    United Kingdom 82 15.5
    Other 14 2.6
    Others 51 9.6
    Country of Birth
    Census Count Percent(%)
    Christianity 378 74.4
    No Religion 113 22.2
    Buddhism 8 1.6
    Other Religious Groups 6 1.2
    Hinduism 3 0.6
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 10 6.3
    $2,500-$2,999 49 31.0
    $3,000-$3,499 15 9.5
    $3,500 -$3,999 12 7.6
    $4,000 or more 32 20.3
    Others 40 25.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 212 49.3
    Not in the labour force 97 22.6
    Employed, worked part-time 91 21.2
    Employed, away from work 22 5.1
    Unemployed, looking for work 8 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 85 26.0
    Professionals 101 30.9
    Technicians & trades workers 23 7.0
    Community & personal service workers 26 8.0
    Clerical & administrative workers 42 12.8
    Others 50 15.3
    Occupation
    Census Count Percent(%)
    Pre-school 8 5.6
    Infants/Primary 53 37.3
    Secondary 34 23.9
    Technical or Further Educational Institution 12 8.5
    University or other Tertiary Institutions 32 22.5
    Others 3 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 301 57.8
    Semi-detached, row or terrace house, townhouse 122 23.4
    Flat, unit or apartment 98 18.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 87 47.8
    Rented 64 35.2
    Fully owned 31 17.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals