At number 3799th 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 -9.31% recorded in median house prices.
If we look at median property appreciation over just the last three months, North Coogee has given property investors a paper return of -3.03%. This puts Suburb as 328 on a list of fastest fasting appreciating suburbs in WA
North Coogee6163 is located in WA which offers an average discount of -8.21% to property investors. North Coogee itself is showing figures that indicate -10.48% is the average achievable by property buyers investing in the suburb.
In the last year 20 properties changed hands in North Coogee, which puts it as the 363th most active market in WA when comparing the number of sales per suburb.
With the median price for a house in North Coogee being $1120000 and the advertised rent reaching $850 the gross rental yield for property investors calculates out to be 3.95%
With a capital gain of -16.83% for the last 12 months, North Coogee, 6163 has performed for property investments than its average annual -6.23% property growth over the last 5 years.
Over the longer term, North Coogee has seen property prices show investors a -22.93% return over the last 3 years. This is an improvement over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in North Coogee, 6163. Typically our figures indicate that -5.28% is being offered, which puts this WA suburb at 700th most discounted overall in Australia.
Advertised rents are around the $392.5 mark per week – giving a return of 4.09% based on the median price in Suburb