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South Coogee

POSTAL CODE: NSW, 2034
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Homeowners and real estate investors betting on SOUTH COOGEE, 2034 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 11.61%.

A steady increase in median property prices over a five-year period in the suburb translates to a 19.54% capital gain.

Property investors in SOUTH COOGEE enjoyed capital gains of 11.61% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $4,542,500.

Profits due to an upward trend in home prices there averaged 6.51% per annum over a 3-year period.

Home owners selling their properties and realtors in SOUTH COOGEE usually have to wait an average of 37 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $1950 mark, reflecting a 2.23% increase in returns based on the current median price in SOUTH COOGEE.

SOUTH COOGEE, 2034 places 807th in Australia based on median property value growth during the quarter.

Surburb overview

South Coogee is a quiet, picturesque coastal suburb located approximately 9 kilometres southeast of the Sydney Central Business District. It forms part of the Randwick City Council Local Government Area and is south of the vibrant Coogee Beach.

According to the latest Census data, the suburb has a population of around 5,506 people. The median age of residents is 40, reflecting a community that includes a mix of families, professionals, and retirees. The housing landscape in South Coogee is predominantly residential, featuring a blend of modern homes, townhouses, and apartments, many of which enjoy spectacular ocean views.

Public transport in South Coogee is primarily serviced by bus routes that provide easy access to the Sydney CBD, Bondi Junction, and surrounding suburbs such as Coogee and Maroubra. Although there is no direct train or light rail service in the suburb, the frequent bus services offer a convenient option for commuters and locals. South Coogee’s proximity to major roads, such as Malabar Road and Anzac Parade, makes it easily accessible by car.

South Coogee is known for its scenic coastal environment, and residents have easy access to several parks and coastal walks. The famous Bondi to Coogee coastal walk extends through South Coogee, offering breathtaking views of the Pacific Ocean and access to nearby beaches and parks. Latham Park is an ample green space in the suburb, providing sports fields, tennis courts, and playgrounds, making it a popular spot for outdoor activities and family gatherings. South Coogee also boasts access to the peaceful coastal Malabar Headland National Park, ideal for bushwalking and nature exploration.

While South Coogee does not have the bustling commercial hub of its northern neighbour, residents can easily access the amenities of Coogee and nearby Randwick. Coogee Bay Road, just a short distance away, offers a variety of cafes, restaurants, boutique stores, and essential services. Larger retail centres, such as Westfield Bondi Junction and Eastgardens, provide extensive shopping and entertainment options within a short drive or bus ride.

The area is ideal for families, with several schools in and around South Coogee, including South Coogee Public School and nearby Catholic and private schools in the surrounding suburbs. The proximity to the University of New South Wales (UNSW) and the Prince of Wales Hospital in Randwick adds to the suburb’s appeal for students and healthcare professionals.

With its serene coastal lifestyle, strong sense of community, and proximity to beaches, parks, and essential amenities, South Coogee is a highly desirable suburb for those seeking a peaceful yet well-connected place to live. Its natural beauty and residential charm make it a sought-after location in Sydney’s Eastern Suburbs.

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