SOLD
Sold on 04 Oct 2023 for $950,000

8/232-234 Rainbow Street
Coogee NSW 2034

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 83m2
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Sold By
Evan Kotsornithis
NGFarah Pty Limited
Theo Karangis
NGFarah Pty Limited
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Property Details for 8/232-234 Rainbow St, Coogee

8/232-234 Rainbow St, Coogee is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 83m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Coogee in the last 12 months.

Building Type
Unit
Year Built
1971
Floor Size
66m2
Land Size
83m2
Local Government
Randwick
Lot/Plan
8/SP5189

Last Listing description (November 2023)

Quietly positioned yet just minutes to the sands of Coogee Beach and its surrounding attractions, this two-bedroom apartment offers a sought-after coastal lifestyle. Secluded from the street and occupying an elevated position in its building, the apartment features neat and inspiring interiors extending to a balcony. At the eastern end of its street mere steps from Bangor Park and a playground, the apartment is set a stroll to corner shops, trails at Randwick Environment Park, Wylie's Baths, brunch spots and the charming cinemas and wine bars of The Spot.

- Comfortable living now with potential to add value
- Sliding glass doors onto a sunny east-facing balcony

- Neat separate kitchen complete with breakfast nook
- Good-size bedrooms, both feature built-in wardrobes
- Original bathroom includes bath and laundry facilities
- Covered car space with ample room to add storage
- Back from the road in a garden-framed brick building

Water Rates: $180.83 per quarter approx
Council Rates: $418.57 per quarter approx.
Strata Levies: $1,022.52 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.

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Property History for 8/232-234 Rainbow St, Coogee, NSW 2034

A timeline of how this property has performed in the market
Last Sold
$950,000
04 Oct 2023
Listed for Rent
$530/w
01 Feb 2022
  • 04 Oct 2023
    Sold for $950,000
  • 13 Sep 2023
    Listed for Sale Auction
  • 22 Dec 2021
    Listed for Rent $530 / 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 9,136 properties. Over the last 5 years, Houses in Coogee have seen a 80.68% increase in median value, while Units have seen a 40.05% increase. As at 31 July 2024:

  • The median value for Houses in Coogee is $4,367,466 while the median value for Units is $1,468,302.
  • Houses have a median rent of $1,463 while Units have a median rent of $895.
There are currently 38 properties listed for sale, and 37 properties listed for rent in Coogee on OnTheHouse. According to CoreLogic's data, 343 properties were sold in the past 12 months in Coogee.

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