Coogee vs Randwick

Randwick (median $3,550,000) is roughly 28% cheaper to buy into than Coogee ($4,900,000). Over the past year, Coogee (+3.2%) ran 2.9 percentage points ahead of Randwick (+0.3%) on house-price growth.

Buying in Coogee or Randwick?

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Coogee and Randwick side by side

MeasureCoogeeRandwick
Price and market
Median house$4,900,000$3,550,000
Median unit$538,560$501,120
House price change, 12 months+3.2%+0.3%
Renting
House rent$1380/wk$1500/wk
Unit rent$970/wk$900/wk
Owner occupied43.0%47.0%
Renter occupied54.0%50.0%
Schools
Schools nearby2020
Average ICSEA11401139
Lifestyle and people
Walk score100100
Transit score4020
Bike score100100
Population14,63428,943
Median age3536
Climate
Annual rainfall1199 mm1199 mm
Mean max, January26.5°C26.5°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving Coogee (1140) sits above Randwick (1139).

For buyers
Randwick is the lower entry point at $3,550,000 median, 28% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Investors face a yield-versus-growth split: Randwick delivers the better gross yield (2.20% vs 1.46%), but Coogee has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
For families
Coogee edges out on average school ICSEA (1140 vs 1139).

Coogee vs Randwick: common questions

Is Coogee or Randwick cheaper to buy in?

Randwick has the lower median house price at $3,550,000, roughly 28% below Coogee ($4,900,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Coogee or Randwick?

Over the past 12 months, Coogee grew +3.2% vs +0.3% in Randwick, a gap of 2.9 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Does Coogee or Randwick have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Coogee scores 1140 vs 1139 in Randwick. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Coogee or Randwick?

Gross rental yield on houses is 2.20% in Randwick vs 1.46% in Coogee. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.