Suburb Profile Report for Coogee NSW (2034)

Coogee House: Median price $2,547,500, Annual capital growth 7.69%, Number of sales 46, Weekly median advertised rent $1,200

Coogee Unit: Median price $1,057,500, Annual capital growth 6.74%, Number of sales 212, Weekly median advertised rent $700

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

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%

Metrics i HOUSE UNIT
$2,547,500 $1,057,500
-9.02% 6.02%
-12.46% -6.83%
7.69% 6.74%
$1,200 $700
46 212
2.45% 3.44%
73.1578947368421 64.2647058823529

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 14012
Median household income ($/weekly) 2099
Median age of persons 34
Median housing loan repayment ($/monthly) 2600
Average household size 2.2
  • Census Count Percent(%)
    20-24 years 1032 7.4
    25-34 years 3999 28.5
    35-44 years 2643 18.9
    45-54 years 1563 11.2
    55-64 years 1190 8.5
    Others 3586 25.6
    Age Group
    Census Count Percent(%)
    Not Married 5032 47.5
    Registered Married 3571 33.7
    Defacto Relationship 1984 18.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 8076 63.1
    Italy 481 3.8
    Papua New Guinea 443 3.5
    United Kingdom 1354 10.6
    Other 905 7.1
    Others 1540 12.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 222 1.8
    Christianity 7525 61.4
    Islam 67 0.5
    Judaism 363 3.0
    No Religion 3962 32.3
    Others 113 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 662 12.4
    $2,000-$2,499 505 9.5
    $2,500-$2,999 882 16.6
    $3,000-$3,499 477 9.0
    $4,000 or more 594 11.1
    Others 2209 41.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 6087 54.8
    Not in the labour force 2282 20.5
    Employed, worked part-time 1980 17.8
    Employed, away from work 454 4.1
    Unemployed, looking for work 312 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 1342 15.7
    Professionals 3467 40.7
    Technicians & trades workers 763 9.0
    Community & personal service workers 711 8.3
    Clerical & administrative workers 1117 13.1
    Others 1121 13.2
    Occupation
    Census Count Percent(%)
    Pre-school 199 7.3
    Infants/Primary 666 24.4
    Secondary 378 13.8
    Technical or Further Educational Institution 301 11.0
    University or other Tertiary Institutions 1041 38.1
    Others 149 5.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 8678 69.5
    Separate house 2193 17.6
    Semi-detached, row or terrace house, townhouse 1602 12.8
    House or flat attached to a shop, office 10 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 3112 53.3
    Fully owned 1388 23.8
    Being purchased 1312 22.5
    Other tenure type 25 0.4
    Tenure Type
Census 2011, ABS
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