South Coogee is located in the Eastern suburbs and situated 12.1km from the Sydney CBD.
South Coogee is well split amongst dwelling types and Residex reports units are 42% of all housing, 10% is semi-detached and 38% are houses. 10% is commercial/other. Age mix for the area is 0 to 29 yo 33%, 30 to 49 yo is 27%, 50 & above is 40%.
According to Residex, South Coogee experienced market growth of around 30.5% from February 2015 to January 2020. South Coogee is attractive to homebuyers because of its beautiful surrounds and high demand. Investors like it for its consistent growth and low vacancy rates.
South Coogee is a popular eastern suburb wedged between Maroubra and Coogee it certainly has the best of everything. With walking access in most of the suburb to some of Australia’s most beautiful beaches and parks and has plenty of charms when it comes to cafes and dinning.
South Coogee has its own share of great cafes and restaurants. The suburb is also surrounded by world class amenities. The entertainment quarter at fox studios often hosts the touring Cirque Du Soleil shows as well as having a great cinema complex with old world character and charm in Randwick. Also did we mention the world-famous beaches?
South Coogee is the other end of the famous Bondi to South Coogee walk as well as being close to a number of public ocean baths, parks and any number of things for the young or young at heart to take part in.
South Coogee has its own public school and is within driving distance of the most prestigious private schools in the country including Sydney Grammer, Montessori East, Kincoppal, The Scots College and Cranebrook.
Price growth in recent years has been good in South Coogee for units with prices increasing 24.7% in the five years to now and 36.3% for houses. Residex notes Only 0.38% of properties in the suburb are currently on the market with an average time of 20 days on the market.
Residex notes the median house price now sits at around $2,563,000. Median unit price is $1,083,500 in South Coogee.
Jason Low is our local expert Buyers Agent in the area. With exceptional local knowledge, Jason is the best buyers advocate to have on your side searching for a property in South Coogee, please call us on 1300 655 615, email us, or send us your buyers wishlist today by clicking here. If you would like to know the latest median values and statistics for South Coogee, call us today on 1300 655 615.
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