All About Coogee, Randwick, NSW, 2034

Coogee, nestled in the Randwick area of New South Wales, boasts a vibrant and attractive housing market characterized by a mix of older-style apartments, modern developments, and charming family homes. This coastal suburb, renowned for its stunning beach, offers property seekers an array of housing choices with a premium on addressing lifestyle desires. Over the years, Coogee has seen consistent demand, which reflects in its property values' steady appreciation. The appeal lies in its mix of laid-back beachside living with convenient access to the bustling Sydney CBD, making it particularly attractive to both families and young professionals. Prospective buyers and renters often look for properties that not only offer proximity to the beach but also enjoy views or ambiance reflective of Coogee’s renowned coastal charm.

Living in Coogee is defined by a perfect blend of relaxation and vibrancy, where residents enjoy an enviable lifestyle with a strong community spirit. The area is known for its scenic beauty, with popular locales like Coogee Beach offering ample opportunities for outdoor activities ranging from swimming and surfing to beach volleyball and coastal walks. The suburb offers a variety of cafes, restaurants, and shopping areas, which cater to a diverse range of tastes and preferences, enhancing the quality of life for its residents. Educational institutions and healthcare facilities are also within easy reach, adding further appeal for families. Coogee's lively atmosphere is balanced with serene spots for relaxation, making it an ideal place for those looking to experience the best of both worlds in Sydney’s eastern suburbs.

Coogee Real Estate Market Outlook

Thinking about buying in Coogee? Now could not be a better time, with 11347 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,377,000 with prices in this suburb ranging from $13,000 to $28,401,000. Coogee is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Coogee ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. Low average earnings from people in Coogee leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Coogee necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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