North Coogee WA

Postcode 6163 · Cockburn LGA

North Coogee is a smaller suburb in Western Australia within the Cockburn local government area (postcode 6163). With a population of 3,741, the suburb has a mature demographic with a median age of 46. Households earn a median income of $133K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.

The median house price in North Coogee is $1.6 million, having surged 27% over the past year. Units have a median price of $575,000 (-8.7% YoY). The current median weekly rent is $725. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,817.

Public transport access includes 10 bus stops.

From an investment perspective, North Coogee offers a gross rental yield of 2.3%, rated as low yield. Property prices are above the state median ($1.6M/$951K), placing it in the premium segment. The price-to-income ratio of 12.4x is considered stretched. House prices have moved +27.0% year-on-year.

INVESTMENT SIGNALS
Rental Yield2.3% Low Yield
Price vs State$1.6M/$951K Above Median
Affordability12.4x Stretched
Price Momentum+27.0% Rising
INCOME (ATO 2022-23)
Median Income$84,555
Mean Income$113,709
Earners3,035
YoY Change-0.6%
SEIFA INDEX (ABS)
Advantage10/10
Education10/10
Economic10/10
Disadvantage10/10
MEDIAN HOUSE
$1.6M
27% YoY
MEDIAN UNIT
$575K
-8.7% YoY
MEDIAN RENT /WK
$460
POPULATION
3,741
DEMOGRAPHICS
Median Age46
Household Size2.3
HH Income /wk$2,566
Personal Income /wk$1238
Mortgage /mth$2,817
TRANSPORT
Bus Stops10
Data: 2024