Suburb Profile Report for Coogee NSW (2034)

Coogee House: Median price $2,587,500, Annual capital growth 8.35%, Number of sales 41, Weekly median advertised rent $1,200

Coogee Unit: Median price $1,045,000, Annual capital growth 6.65%, Number of sales 210, Weekly median advertised rent $700

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

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

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Coogee, 2034 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -11.08%.

Coogee,2034 was ranked 3895 in Australia by increase in median property value over the quarter.

Using the current median advertised rental of $1200 and the average annual increase in value of a median property of 8.35%, investors should hope to achieve an overall return of 2.41%

At number 1058th in the list of Australian suburbs ordered by increase in median house value over the last year, Coogee, 2034 is in the BOTTOM 30% with a property value increase of -6.70% recorded in median house prices.

The five-year average increase in median property values for Coogee,2034 has given property investors a potential capital gain of 34.41% across each of those five years.

Property investors looking for a bargain in Coogee should be aiming for at least -7.10% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 210 properties changed hands in Coogee, which puts it as the 24th most active market in NSW when comparing the number of sales per suburb.

Situated 7.23km from the CBD, Coogee is one of Randwick (C) localities in the postcode 2034.

Metrics i HOUSE UNIT
$2,587,500 $1,045,000
-7.59% 0.97%
-11.08% -6.70%
8.35% 6.65%
$1,200 $700
41 210
2.41% 3.48%
72.4444444444444 63.1176470588235

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

DSR Score for property investment : Above average (H), Above average (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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