Over the last year, property investments in South Coogee, 2034 have given investors a capital gain of 5.28%. This compares badly with the 11.67% for NSW as a whole.
Over the longer term, South Coogee has seen property prices show investors a 25.39% return over the last 3 years. This is worse than over the last 12 months
The NSW suburb of South Coogee, 2034 is in the Randwick local government area.
Likely because of its ideal location, South Coogee is an expensive suburb, with the median house price clocking in at over $2m.Full summary
Information supplied by:
Water views and beaches enhance its value
Median house price: $2,205,500
Vacancy rate: 0.77%
Three-year growth: 42.06%
Less than 10km south of Sydney is the beachside suburb of South Coogee. It provides residents and visitors with a beautiful view of the water from Coastal Walk.
Likely because of its ideal location, South Coogee is an expensive suburb, with the median house price clocking in at over $2m. Meanwhile, the average rent is a steep $1,225 per week. Although prices dropped slightly over January 2017, the suburb has historically recorded significant growth over the years, with a high average annual growth rate of 8.03%. The average vacancy rate fell from 1.23% to a very low 0.77% as well.
South Coogee houses Latham Park, a good-sized recreational spot that includes sports facilities such as football fields and bowling greens. It is also the home of the first cemetery in the Randwick municipality. The local shopping centre is situated near this cemetery.Close