Giving property investors a a poor capital gain of -12.46% for the last year, Coogee, 2034 is the 3580th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Coogee,2034 has racked up an average of -12.46% over the period. This ranks it number 3107th in the whole country for real estate investors looking at median house price increases.
Using the current median advertised rental of $1200 and the average annual increase in value of a median property of 7.69%, investors should hope to achieve an overall return of 2.45%
Coogee has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of -6.83% to date .
Across a shorter period, Coogee, 2034 has seen a median price increase of 6.02% over the last quarter.
The most recent median price for Coogee is $1057500, with sellers offering an average of -6.55% off the asking price.
In the last year 212 properties changed hands in Coogee, which puts it as the 25th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $700 and the average annual increase in value of a median property of 6.74%, investors should hope to achieve an overall return of 3.44%