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North Coogee suburb profile

North Coogee is a picturesque coastal suburb located in the southern part of Perth, Western Australia. Known for its stunning beaches and modern waterfront developments, it offers a luxurious lifestyle with a relaxed coastal vibe. The suburb is part of the City of Cockburn and is situated just a short drive from Fremantle, providing easy access to its vibrant arts and dining scene. North Coogee is popular among families and professionals seeking a serene environment with contemporary amenities. Its blend of natural beauty and urban convenience makes it a desirable location for those looking to enjoy the best of both worlds.

North Coogee property market performance

Property growth+23.7%Past 12 months

North Coogee's property market has experienced significant growth over the past 12 months, particularly in the unit sector. House values have increased by 9%, bringing the median house price to $2.05 million, while unit values have surged by an impressive 48.1%, with the median unit price reaching $987,500. This reflects a strong demand for units in the area.

Sales activity has been moderate, with 12 houses and 16 units sold in the past three months. Properties are selling quickly, with houses spending a median of 20 days on the market and units just 12 days, indicating a competitive market environment.

The rental market in North Coogee has also seen robust growth, with house rents increasing by 15% and unit rents by 12.1% over the last 12 months. The average rent for houses is now $1,150, while units average $785, highlighting strong rental demand across both property types.

HousesUnits
Median price
Past 3 months
N/A$935K
Change in value
Past 12 months
2.9%44.4%
Sold
Past 3 months
1019
Median days on market
Past 12 months
2014
Average rent
Past 12 months
$1100$790
Change in rent
Past 12 months
0.9%8.5%

5 year median price trend for houses and units

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North Coogee demographics

North Coogee, located in Western Australia, is a picturesque coastal suburb known for its stunning beaches and relaxed lifestyle. With a population of 3,741, it offers a serene environment that appeals to families and retirees alike. The median age of 46 suggests a mature community, with many residents enjoying the tranquility and natural beauty of the area. The suburb's proximity to the ocean makes it a desirable location for those seeking a coastal lifestyle with easy access to Perth's amenities.

The housing market in North Coogee is characterized by a high rate of home ownership, with 33.2% of properties owned outright and 40.8% owned with a mortgage. This reflects a stable community with a significant number of long-term residents. The rental market, comprising 26% of the housing, caters to those who prefer flexibility or are new to the area. The suburb's family-friendly atmosphere is evident, with 39.1% of households being couple families with children and 55.4% being couple families without children, indicating a balanced mix of family types.

North Coogee's appeal lies in its blend of natural beauty and modern conveniences. The high median household income of $2,566 per week suggests a prosperous community, likely supported by professionals and business owners who appreciate the suburb's lifestyle offerings. With its scenic coastal views, community parks, and proximity to Fremantle, North Coogee provides an ideal setting for those seeking a peaceful yet connected living environment.

Suburbs near North Coogee

Some popular suburbs near North Coogee include:

  • Hamilton Hill: Known for its diverse community and suburban charm, Hamilton Hill is located directly east of North Coogee.
  • Spearwood: Featuring a mix of residential and commercial areas with a strong local community, Spearwood lies to the southeast of North Coogee.
  • South Fremantle: Renowned for its vibrant arts scene and coastal lifestyle, South Fremantle is situated to the north of North Coogee.
  • Beaconsfield: Offering a blend of residential and recreational spaces, Beaconsfield is located northeast of North Coogee.
  • White Gum Valley: Known for its green spaces and community-focused living, White Gum Valley is situated to the northeast of North Coogee.

How does North Coogee compare to nearby suburbs?

  • House price growth: Property prices in nearby Hamilton Hill have risen 8.3% more than in North Coogee over the past year.
  • Unit price growth: Over the past 12 months, unit prices in North Coogee have grown 33.3% higher than in Hamilton Hill.
  • Selling speed for houses: Properties in nearby Hamilton Hill are selling 50.0% faster than in North Coogee.
  • Selling speed for units: Properties in nearby Hamilton Hill are selling 50.0% faster than in North Coogee.
  • Investment considerations: In North Coogee, the rental yield for house is 43.6% higher than the Perth average, while the rental yield for units is 19.2% higher.
  • House price growth: Over the past 12 months, house prices in North Coogee have grown 64.1% higher than the average rate of growth across Perth.
  • Unit price growth:Over the past 12 months, unit prices in North Coogee have grown 45.8% higher than the average rate of growth for units across Perth.

Choose the right real estate agents in North Coogee

Choosing the right real estate agent in North Coogee can have a big impact on your sale. While there are 68 real estate agents working in the suburb, but just 5 of them were responsible for 40.1% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.15% to 3.25%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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