COOGEE ranks 188th in WA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 3.21% for the past year is higher than average compared to its 8.78% growth within a five-year period.
Also in COOGEE, the median home price is sitting at $805,000, and the average rent at $495, this suggests property owners could potentially earn a 3.2% increase in gross rental yield.
Property investors have seen a -1.83% drop in COOGEE based on a decrease 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 -0.5% decrease over a ten-year period. It ranks 4145th on our list of suburbs that property investors should look into.