This property is Off Market
With an average age of 60, households expect an average monthly mortgage payment of $1,939 or a weekly rent payment of $455. The average family earns a weekly income of $2,200 with a typical household size of 1.6 and a 101.43% employment rate.
Consistent high demand relative to supply is a key feature in North Coogee driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in North 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 North 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
(Country of Birth not stated 5%)
North Coogee a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Western Australia State average 54 / 100
Income
100 / 100
55 / 100
Industry
35 / 100
48 / 100
Population
13 / 100
35 / 100
House Prices
89 / 100
62 / 100
Jobs
09 / 100
17 / 100
Incidents Trend State Average
Port School
Hamilton Hill, WA, 6163 Independent 8-12
Southwell Primary School
Hamilton Hill, WA, 6163 State K-6
Phoenix Primary School
Hamilton Hill, WA, 6163 State K-6
Spearwood Primary School
Spearwood, WA, 6163 State K-6
Coogee Primary School
Coogee, WA, 6166 State K-6
St Jerome's Primary School
Lake Coogee, WA, 6166 Independent PP-6
Fremantle Christian College
Hamilton Hill, WA, 6163 Independent PP-11
Kerry Street Community School
Hamilton Hill, WA, 6163 Independent PP-6
Spearwood Alternative School
Spearwood, WA, 6163 State K-6
Newton Primary School
Spearwood, WA, 6163 State K-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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