North Coogee

POSTAL CODE: WA, 6163
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Property investors enjoyed capital gains of 23.86% over the last 12 months in NORTH COOGEE, translating to lower returns compared with its peers in WA.

Figures from the previous quarter show that capital gains for real estate buyers in NORTH COOGEE are low, as opposed to average gains per annum over the past five years.

The suburb posted a 27.44% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $1200 based on current median home prices for the suburb.

On average, rents on listings have reached the $1200 mark, reflecting a 3.54% increase in returns based on the current median price in NORTH COOGEE.

NORTH COOGEE, 6163 ranks 81st in WA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 309th on the list of best yielding suburbs for rental properties in WA, posting a 3.54% return.

Surburb overview

Coogee is a coastal suburb of Cockburn, located approximately 25 kilometres south of Perth's central business district. The area is accessible via major roads, and public transportation options include Transperth bus services such as the 549, which connect residents to key transit hubs.

According to the 2021 Census, Coogee has a population of 5,344 residents. The median age is 47 years, indicating a mature demographic. The suburb exhibits cultural diversity, with 65% of residents born in Australia and notable communities from England, Croatia, Italy, and Portugal.

Transperth bus routes, including the 549, facilitate public transportation in Coogee, providing connectivity to Perth and surrounding areas. The suburb's proximity to major roads also allows for convenient car access.

Educational establishments in Coogee include Coogee Primary School. Healthcare services are accessible in nearby suburbs, with medical centres and hospitals within a reasonable distance. Local shops and larger shopping centres in adjacent areas meet retail needs.

Recreational activities are abundant, with Coogee Beach being a central attraction. The beach features a jetty and a shark barrier, providing a safe environment for swimming. The Coogee Maritime Trail offers snorkelling opportunities around the Omeo shipwreck, just 25 metres offshore. Additionally, Woodman Point Recreation Camp provides facilities for various outdoor activities.

Coogee's blend of coastal amenities, public transport accessibility, and community facilities contributes to its character as a residential suburb within the Perth metropolitan region.

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