Unit 4, 236-240 RAINBOW STREET Coogee NSW 2034
This property is Off Market
- Last sold 11/25/2016 for $875,000. The Average property price in this area is $2,601,601, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 0.92 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/24/2024 230 ARDEN ST $2,800,000
- 10/23/2024 82 MOUNT ST $1,501,000
- 10/18/2024 293 ALISON RD $1,030,000
- 10/18/2024 106 BROOK ST $2,230,000
- 10/18/2024 23 BYRON ST $725,000
About Coogee - Clovelly
With an average age of 34, households expect an average monthly mortgage payment of $2,500 or a weekly rent payment of $600. The average family earns a weekly income of $3,147 with a typical household size of 2.1 and a 95.13% employment rate.
Consistent high demand relative to supply is a key feature in Coogee driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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. The high percentage of professional people in Coogee classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Coogee requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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.
Public Transport
Capitol Square
Central
Mascot
Green Square
Edgecliff
Bondi Junction
Kings Cross
Rose Bay Wharf
Darling Point
Double Bay Wharf
General Points of Interest
Gunyama Park Aquatic and Recreation Centre
Zebra
Wombat
Kogarah Golf Course
Camperdown Fitness
War Memorial
Park Sydney Village
Charles Moore
Long Bay Correctional Centre
Crone Architects
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 2202 asthma sufferers and 1029 people living with diabetes. In addition, 1016 people have a heart/vascular condition and 1587 people live with three or more chronic diseases.A good place to invest in property?
Coogee - Clovelly 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
New South Wales State average 59 / 100
Income
73 / 100
31 / 100
Industry
78 / 100
22 / 100
Population
50 / 100
19 / 100
House Prices
89 / 100
60 / 100
Jobs
82 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsRandwick BHS Randwick GHS Sth Coogee PS
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Sydney Childrens Hospital School
Randwick, NSW, 2031 State -
Rainbow Street Public School
Randwick, NSW, 2031 State K-6 -
Randwick Boys High School
Randwick, NSW, 2031 State 7-12 -
Claremont College
Randwick, NSW, 2031 Independent K-6 -
Lycee Condorcet The International French School of Sydney
Maroubra Junction, NSW, 2035 Independent K-12 -
Coogee Public School
Coogee, NSW, 2034 State K-6 -
St Brigid's Catholic Primary School
Coogee, NSW, 2034 Independent K-6 -
Brigidine College Randwick
Randwick, NSW, 2031 Independent 7-12 -
South Coogee Public School
South Coogee, NSW, 2034 State K-6
Property Story
Unit 4, 236-240 Rainbow Street, Coogee, Nsw, 2034 is a residential property . The estimated distance to the sea is only 0.92km and 0.36KM to vegatation considered to be a factor in bushfire risk.Local Developments
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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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