3/236-240 Rainbow St, Coogee is a 2 bedroom, 1 bathroom Unit and was built in 1977. The property has a land size of 88m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Coogee in the last 12 months.
Bathed in abundant natural light, with glazing on three sides and only one common wall, this peaceful, private apartment is imbued with a sense of bright, airy spaciousness and provides excellent comfort and convenience. The open plan living and dining area flows onto a generous covered balcony which looks out on treetops and the beautifully-maintained level residents' gardens and pool area, while the serene bedrooms boast elevated district views and water glimpses. Conveniently located just 650 metres from the lush 13-hectare Randwick Environment Park, the property lies within 1.2 kilometres of both vibrant Coogee Beach and the popular entertainment hub of Randwick's The Spot, with an express city-bound bus stop 240 metres away. This delightful low-upkeep home would make an ideal investment opportunity or savvy first step into the highly desirable Eastern Suburbs market.
- High east-facing position in prime block
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:
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