Coogee

POSTAL CODE: NSW, 2034
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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $4,900,000.

The upward trend in home prices in COOGEE, 2034 averaged 8.98% per annum over a 3-year period.

Average weekly rents on listings have reached the $955 mark, reflecting a 1.01% increase in returns based on the current median price in COOGEE.

An average of 5.08 real estate transactions take place per month in COOGEE which translates to 61 per annum.

61 properties were sold in COOGEE in 2016, making it the 266th most active market in NSW based on total real estate transactions.

COOGEE, 2034 places 183rd in Australia based on median property value growth during the quarter.

Surburb overview

Coogee is a vibrant coastal suburb located approximately 8 kilometres south-east of the Sydney Central Business District. It is part of the Randwick City Council Local Government Area and is renowned for its stunning beach, laid-back lifestyle, and thriving community.

According to the latest Census data, the suburb has a population of around 15,212 people. The median age of residents is 34, reflecting a diverse demographic mix that includes young professionals, families, and retirees. The housing landscape in Coogee features a blend of modern apartments, older-style units, and freestanding homes, many of which are located close to the beach and offer stunning ocean views.

Public transport in Coogee is well-developed, with several bus routes connecting the suburb to the Sydney CBD, Bondi Junction, and neighbouring areas such as Randwick and Maroubra. Although no direct train or light rail service exists, the suburb’s buses provide frequent and reliable access to key destinations. Coogee is also easily accessible by car, with Coogee Bay Road and Arden Street as major thoroughfares.

Coogee Beach offers safe swimming, patrolled by the Coogee Surf Life Saving Club, and opportunities for surfing, sunbathing, and beachside picnics. Additionally, Coogee Pavilion, a historic building transformed into a lively dining and entertainment venue, is a well-known local landmark.

Coogee also offers access to scenic coastal walks, including the famous Bondi to Coogee coastal walk. This walk takes breathtaking coastline views and passes through famous beaches like Bronte and Tamarama. Along the way are parks, picnic spots, and ocean pools, including the historic Wylie’s Baths, a tidal pool that has been a local favourite for over a century.

Coogee has a variety of parks and recreational areas, including Grant Reserve and Goldstein Reserve, which offer green spaces for picnics, outdoor sports, and family gatherings. The area also has several sports clubs and community organisations, contributing to the suburb’s active and engaged community spirit.

The local amenities in Coogee are centred around Coogee Bay Road, where residents can find a wide range of cafes, restaurants, boutique stores, and essential services. For more extensive shopping, residents can easily access nearby Randwick or Bondi Junction, which offer larger retail centres and supermarkets.

Coogee is home to several educational institutions, including Coogee Public School, and is within easy reach of nearby schools and the University of New South Wales (UNSW). The presence of Prince of Wales Hospital in nearby Randwick further enhances Coogee’s appeal for healthcare professionals and families seeking quality medical care.

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