Coogee WA 6166: Property Market Report & Real Estate Insights

Part of Cockburn, WA

Coogee Real Estate Market Outlook

Thinking about buying in Coogee? Now could not be a better time, with 2699 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,085,000 with prices in this suburb ranging from $154,000 to $5,774,000. Coogee is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Living in Coogee

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.

Instant Property Valuation

Coogee, located within the City of Cockburn in Western Australia, is a coastal suburb that offers a unique blend of seaside living and suburban convenience. The housing market in Coogee is characterized by a diverse range of properties, from modern apartments to spacious family homes, many of which boast stunning ocean views. Over the years, demand for properties in Coogee has remained consistently high, largely due to its desirable location near pristine beaches, parks, and nature reserves. The suburb's development has been carefully managed, preserving its natural beauty while accommodating the needs of a growing population. As a result, property prices have seen steady appreciation, attracting both investors and home buyers seeking a coastal lifestyle without the hustle and bustle of inner-city living.

Living in Coogee offers residents a relaxed and family-friendly environment with a strong sense of community. The suburb is renowned for its idyllic beaches, such as Coogee Beach, which is a hotspot for swimming, snorkeling, and picnicking. Additionally, the suburb is well-equipped with amenities including schools, shopping centers, and recreational facilities, making it a convenient place for families and professionals alike. Community spirit is fostered through local events and activities, and the proximity to Fremantle and Perth provides further entertainment and employment opportunities. With its picturesque setting and balanced lifestyle offerings, Coogee is increasingly becoming a sought-after destination for people looking to enjoy the best of Western Australia's coastal living.

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