Question 1

Is Lake Coogee a nice place to live?

Accepted Answer

Lake Coogee sits on Perth’s southern coastal fringe, centred on a shallow freshwater lake and backed by coastal reserves and foreshore open space. The suburb feels quietly domestic, with tree-lined streets, pocket parks and lakeside walking trails, and it gives easy access to beaches without living right on the sand. Housing ranges from modest mid-century brick homes and renovated cottages to newer infill, and local life revolves around small shopping strips, recreational spaces and public transport and road links to nearby marina precincts and the wider city.

About 4,768 people live in Lake Coogee, with a median age of 37, and the community is weighted towards couple families — together they make up 84.7% of families. Owner-occupation is common, at 84.1% of homes. Recent upgrades to Santich Park added floodlighting and changeroom improvements, and planning is under way for a Munster (Lake Coogee) recreation facility, a proposed 3.2 hectare local reserve and a potential South Metropolitan TAFE expansion, alongside local structure plans to guide future subdivision and open space. That combination of amenities and housing styles tends to suit families, professionals and downsizers; whether it suits you depends on what you are after in a suburb.

Question 2

Is it expensive to live in Lake Coogee?

Accepted Answer

Buying a house in Lake Coogee sits well above local incomes at the last Census. The median house price of $1,315,000 is about 11.8 times a typical local household's annual income at the last Census (weekly household income $2,147, which is $111,644 a year).

Renting a house would also take a large share of that local income: at $830 a week, rent would be roughly 38.7% of a typical local household's weekly income at the last Census, a sizeable share. If you are 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 Lake Coogee a good place to invest?

Accepted Answer

Over the past 12 months in Lake Coogee, house values climbed 18.9%, a strong rise, while the rent houses earn rose 4.7%, a modest increase. Put simply, the capital value of houses moved much more sharply than the rental income they produced over the year, so price growth was the clearer signal for house owners in this period.

Which of those outcomes matters to you depends on whether you are focused on capital growth or on rental income. These figures show what happened over the past year; you can weigh them against your own goals 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	$1.31M	N/A
Change in value Past 12 months	18.9%	N/A
Sold Past 3 months	17	N/A
Median days on market Past 12 months	10	N/A
Average rent Past 12 months	$830	N/A
Change in rent Past 12 months	4.7%	N/A

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