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South Coogee Suburb Insights
VICLocation Information
Suburb Name
South Coogee, VIC
Distance from CBD
4.8 kmDemographics
Population
5,502
Median Income
$39,260
Area Information
Area
1.13 km²
Population Density
4869 people/km²
Property Market
Median Price
$591,003
Annual Growth
+18.7%Property Price Trend Analysis
Current Median Price
$591,003
Annual Growth
+18.7%
Quarterly Growth
+3.1%
Price Trends - Last 6 Months
2024-01
$487,101
+8.2%2024-02
$889,317
+6.9%2024-03
$515,092
+13.3%2024-04
$633,409
+10.2%2024-05
$730,711
+9.1%2024-06
$596,386
+14.8%Property Type Price Analysis
House
Median Price
$1,473,596
Growth Rate
+13%Available Listings
149 properties
Apartment
Median Price
$345,629
Growth Rate
+14.4%Available Listings
454 properties
Townhouse
Median Price
$872,765
Growth Rate
+15.3%Available Listings
107 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy