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Coogee

POSTAL CODE: WA, 6166
HOUSE
COOGEE ranks 301st in WA when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 7.01% for the past year is lower than average compared to its 95.37% growth within a five-year period.

Also in COOGEE, the median home price is sitting at $1,054,000, and the average rent at $800, this suggests property owners could potentially earn a 3.95% increase in gross rental yield.

Property investors have seen a 5.66% gain in COOGEE based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.42% growth over a ten-year period. It ranks 1842nd on our list of suburbs that property investors should look into.

Surburb overview

Coogee is a coastal suburb located approximately 23 kilometres south of Perth's central business district, within the City of Cockburn. It is bordered by the suburbs of North Coogee to the north, Lake Coogee to the east, and Henderson to the south.

According to the 2021 Census, Coogee had a population of 5,345. The suburb has experienced steady growth and attracts a diverse community.

Public transport options in Coogee are available but may be limited compared to more central suburbs. Bus services operate along major roads, connecting residents to nearby hubs such as Fremantle and Cockburn Central, where train services to Perth and other destinations are accessible. Most residents rely on private vehicles for commuting, with 68% traveling by car and approximately 5.4% using public transport.

The property market in Coogee has shown significant growth. As of the latest data, the median house price is approximately $1,312,000, reflecting a 17.1% annual compound growth rate. Houses in Coogee rent out for around $875 per week, yielding an annual rental yield of 3.9%.

Coogee offers various recreational facilities, including parks, walking trails, and access to Coogee Beach, which features a jetty and shark net for safe swimming. The suburb's coastal location provides residents with outdoor activities and water sports opportunities.

Coogee combines coastal living with access to essential services and recreational amenities, making it a desirable suburb near Perth.

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