AREA REPORTS

Coogee

 

 

Suburb Profile

Coogee - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2034

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unit

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 $2,850,000.

The upward trend in home prices in COOGEE, 2034 averaged 7.97% per annum over a 3-year period.

Average weekly rents on listings have reached the $1500 mark, reflecting a 2.74% increase in returns based on the current median price in COOGEE.

An average of 4.17 real estate transactions take place per month in COOGEE which translates to 50 per annum.

50 properties were sold in COOGEE in 2016, making it the 369th most active market in NSW based on total real estate transactions.

COOGEE, 2034 places 956th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,850,000 $1,125,000
GROWTH REPORT
Median Quarterly -2.06% -2.77%
Median 12 month 5.97% -1.32%
Median 3 years 23.91% 32.35%
Median 5 years 80.51% 69.17%
10 years average annual 8.82% 7.26%
Weekly media advert. rent $1500 $700
Time on Market 47.0 days 40.7 days
Gross Rental Yield Percent 2.74% 3.24%
demographics (median values)
Total Population
13181
Weekly Household Income
1602
Household Size
2.10
demographics
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Top 10 Birth Countries
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