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Coogee: A Suburb in the Spotlight

Coogee is the Eastern Suburbs at its most lifestyle-driven — beach at the doorstep, about 7km from the city. It’s overwhelmingly a unit market (around 6,400 units to just 1,400 houses), and freestanding houses almost never trade: only a handful were on the market when the latest data was pulled.

The numbers

Metric Houses Units
Median sale price $4,850,000 $1,625,000
Median value (modelled) $4,290,801 $1,574,833
Median days on market ~30 days ~30 days
Gross rental yield ~1.7% ~3.4%
New listings (12 mo) 33 194
On market now 3 29

The house market

Houses here are trophy assets — a median sale price of $4.85m, only a few sold in a year, and a yield near 1.7%, the lowest of the five. You’re buying position and lifestyle, pure and simple.

The unit market

For most buyers, units are the realistic entry point: a median of $1.625m and a yield around 3.4%, with strong beachside rental appeal. If you want a foothold in Coogee, the unit market is where it happens — and it’s worth talking to us about an investment loan or your own purchase before you start.

Who it suits

High-income owner-occupiers and upgraders chasing the beachside lifestyle; investors and expats after a coastal unit with dependable demand. Prices are premium, so having your borrowing capacity mapped out early is the difference between watching and buying.

Figures are Cotality suburb data as at July 2026 — median sale price and modelled median value over a rolling 12 months; yield and days on market indicative. General information only, not personal advice.

Jeremy Harper is the director of hfinance. If you’re weighing up a purchase or refinance in Coogee or nearby, get in touch — we’ll run the numbers with you.

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