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AREA REPORTS

Coogee

Suburb Profile

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

house
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 $2,547,500.

The downward trend in home prices in COOGEE, 2034 averaged -0.67% per annum over a 3-year period.

Average weekly rents on listings have reached the $1250 mark, reflecting a 2.55% increase in returns based on the current median price in COOGEE.

An average of 3.58 real estate transactions take place per month in COOGEE which translates to 43 per annum.

43 properties were sold in COOGEE in 2016, making it the 430th most active market in NSW based on total real estate transactions.

COOGEE, 2034 places 732nd 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 $2,547,500 $1,060,500
GROWTH REPORT
Median Quarterly -2.21% 2.46%
Median 12 month -11.55% -7.78%
Median 3 years -2.02% 6.05%
Median 5 years 39.02% 33.73%
10 years average annual 7.95% 6.91%
Weekly media advert. rent $1250 $695
Time on Market 74.7 days 63.7 days
Gross Rental Yield Percent 2.55% 3.41%
demographics (median values)
Total Population
13181
Weekly Household Income
1602
Household Size
2.10
demographics
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