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Coogee is a popular suburb for property investment as it is both by the beach and only 8km south east of the Sydney CBD in New South Wales, Australia. It is considered to be in the eastern suburbs of Sydney.
Coogee is considered to be the perfect place to live if you are a single or a couple wanting the balanced lifestyle of the beach and eating and shopping further into the suburb. It has spectacular ocean view apartments and great weather all the time.
The most in demand type of property has to be the high apartments with views as people want the spectacular ocean view. Also people who want to raise a family in Coogee are looking for houses so property investors could make a solid profit in these two types of in demand properties Coogee.
The most common properties in Coogee are mostly renovated old houses and new apartments and these are being bought and sold in Coogee all the time.
The number one amenity in Coogee has to be the famous Coogee beach where beach lovers can swim, surf and have fun. With Coogee’s spectacular weather, this happens frequently throughout the year. There are many burger and fish and chips eateries in Coogee and also many fancy restaurants such as the Barzura Café Ristorante and Annie’s Restaurant. There are also options for shopping and watching movies throughout Coogee such as the Ritz cinema. If you want to get away from the beach for a day or two, you can walk 5-10 minutes inland to Randwick where you can enjoy what it has to offer.
There were 9000+ people employed in 2011 and 1200 of these people were in the area of Professional, Scientific and Technical Services which dominates the industry in Coogee.
Unfortunately the only two ways to get public transport is buses and taxis if you are lucky. Coogee isn’t too far from the city but you have to be willing to cope with limited public transport if you want to invest in Coogee.
There are two main roads which intersect each other in Coogee and these are Coogee Bay Road and Arden St which is the street that goes along the beach.
Metropole’s Sydney Buyers Agent office is located just a 15 minute drive away from Coogee in Edgecliff. So when it comes to property investment in Coogee, no one knows it better than Metropole’s buyers agents.
Neptune Street is a street at the high end of Coogee and it is known for its natural aesthetics which makes it very popular and it would add value to the properties on this street. It consists of apartments with ocean views and it is very close to the facilities in Coogee being about a 5-10 minute walk to the main beach but very close to the Wylie Bath’s which is a famous rock pool in Coogee. One other street good for property investment would be Brook Street. This is also known for apartments and houses with balconies and great views and is also described as quiet and serene.
Michael Yardney is one of the biggest names in property investment in Australia. He has written for just about every property magazine, newspaper and website in the country. He is also the owner of Metropole’s buyers agents in Melbourne, Sydney and Brisbane