SOLD
Sold on 12 Apr 2024 for $1,375,000

1/242-244 Rainbow Street
Coogee NSW 2034

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 74m2
Land area: 91m2
Sold By
N G Farah Real Estate Kingsford
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Property Details for 1/242-244 Rainbow St, Coogee

1/242-244 Rainbow St, Coogee is a 2 bedroom, 1 bathroom Unit and was built in 1977. The property has a land size of 91m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Coogee in the last 12 months.

Building Type
Unit
Year Built
1977
Floor Size
74m2
Land Size
91m2
Local Government
Randwick
Lot/Plan
1/SP23146

Last Listing description (July 2024)

In an elevated position set back from the road, this first floor apartment is ideally located to the attractions of The Spot and Coogee Beach. Featuring easy indoor-outdoor flow, it comes with a bonus exclusive-use courtyard featuring an entertainer's deck and grassy play area. Leafy streetscape outlooks that extend to the distant lights of Botany Bay add a lovely backdrop to the living and social zones. From its boutique block, the apartment offers closeness to ocean baths, the coastal walk, Ritz cinemas, schools and eateries.

? Living/dining area features floorboards and ceiling fan
? Glass sliding doors offer access to a decked balcony

? Tidy separate kitchen offers a neutral colour scheme
? Both bedrooms include built-in wardrobes and carpet
? Private external storage plus a large internal laundry
? Secure garden-framed block of only 9 with intercom
? Car parking space & lock up storage space in basement plus visitor parking available

Water Rates: $178.42 per quarter approx.
Council Rates: $423.48 per quarter approx.
Strata Levies: $1475.75 per quarter approx.

Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries.

Property History for 1/242-244 Rainbow St, Coogee, NSW 2034

A timeline of how this property has performed in the market
Last Sold
$1,375,000
12 Apr 2024
Listed for Rent
$990/w
16 Jan 2023
  • 12 Apr 2024
    Sold for $1,375,000
  • 27 Mar 2024
    Listed for Sale Not Disclosed
  • 09 Jan 2023
    Listed for Rent $990 / week
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About Coogee 2034

The size of Coogee is approximately 2 square kilometres. It has 14 parks covering nearly 19% of total area. The population of Coogee in 2011 was 14,012 people. By 2016 the population was 15,212 showing a population growth of 8.6% in the area during that time. The predominant age group in Coogee is 30-39 years. Households in Coogee are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Coogee work in a professional occupation. In 2011, 45.7% of the homes in Coogee were owner-occupied compared with 43.6% in 2016.

Coogee has 8,981 properties. Over the last 5 years, Houses in Coogee have seen a 71.26% increase in median value, while Units have seen a 29.67% increase. As at 31 October 2024:

  • The median value for Houses in Coogee is $4,419,794 while the median value for Units is $1,461,503.
  • Houses have a median rent of $1,050 while Units have a median rent of $895.
There are currently 22 properties listed for sale, and 40 properties listed for rent in Coogee on OnTheHouse. According to CoreLogic's data, 346 properties were sold in the past 12 months in Coogee.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.