Question 1

Is Coogee a nice place to live?

Accepted Answer

Coogee is on Perth’s southern shore, centred on a sandy beach and low limestone cliffs with a relaxed foreshore reserve used for walking, picnics, fishing and weekend swims. Housing ranges from older beach cottages and modest postwar homes to low-rise apartments and waterfront lots, and the suburb attracts families, retirees and people after a seaside lifestyle. The community of 5,345 has a median age of 47, and owner-occupation is high, with 88.5% of homes owned outright or with a mortgage.

Everyday needs are met by local cafes and a small shopping strip, while larger shops and rail links are in neighbouring centres. The City of Cockburn is managing the foreshore through a coordinated plan and has completed and is progressing works such as sand bypassing, a jetty upgrade, improved disabled access and surf lifesaving club improvements. Nearby Port Coogee has expanded berths and a boardwalk, and redevelopment at Woodman Point’s jetty is in planning.

Question 2

Is it expensive to live in Coogee?

Accepted Answer

Buying a median house for $1,250,000 in Coogee 6166 works out to about 11.0 times a typical local household's annual income at the last Census (weekly household income $2,182), which sits well above local incomes on these figures.

Renting a house at about $940 a week would take roughly 43.1% of a typical local household's weekly income at the last Census, a large share of income. If you're renting rather than buying, that rent share is the figure that matters; whether it feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Coogee a good place to invest?

Accepted Answer

Rental growth has been the more conspicuous movement this year: in Coogee house rents climbed 10.6% over the past 12 months, while median house values rose a solid 6.8% over the same period. That means the rent a house earns grew faster than its price did this year, so rental income has been the stronger performer for houses in Coogee over the last 12 months. Whether that pattern suits your needs depends on your own objectives and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.25M	N/A
Change in value Past 12 months	6.8%	N/A
Sold Past 3 months	13	N/A
Median days on market Past 12 months	14	N/A
Average rent Past 12 months	$940	N/A
Change in rent Past 12 months	10.6%	N/A

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