Coogee at a glance
6,301
People
$1,520,000
Median sale
$722/wk
Median rent
2.47%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
3
Bedrooms
2
Bathrooms
2
Car spaces
941 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Coogee (last 5 years) with land size have a median of $2,357/m² of land (n=111). Districts calculation from recorded sales — not a valuation.
Coogee at a glance
6,301
People
$1,520,000
Median sale
$722/wk
Median rent
2.47%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 941 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $722/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 941 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Coogee at a glance
6,301
People
$1,520,000
Median sale
$722/wk
Median rent
2.47%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RASPA PROPERTY GROUPUNDER OFFER - HOME OPEN CANCELLED
Apologies for any inconvenience.
Welcome to 108 Mills Street, Coogee - a rare opportunity for coastal living awaits! This neat and tidy 3-bedroom, 2-bathroom residence, built in 1973 on a massive 941sqm block beckons with its proximity to Coogee Beach, offering a myriad of possibilities for development and personalization.
Discover the allure of this property, boasting R20 zoning, which opens the door to various options. Whether you envision subdividing and updating the front house while building on the back block (alterations to main dwelling may be required), creating two brand-new properties, or crafting your dream beachside retreat with potential ocean views, the canvas is yours to paint.
The expansive front verandah offers ocean views, while the lounge and dining spaces situated at the front of the home are adorned with large sliding doors which seamlessly blend indoor and outdoor living. Find spacious accommodation with a generous kitchen and dining area, three bedrooms, two bathrooms and a separate laundry for added convenience.
Step into the neat and tidy courtyard, where a massive gabled patio awaits, perfect for outdoor gatherings. Additionally, a bonus studio area enhances the outdoor experience, offering versatility and potential.
Beneath the house, explore a vast area with a kitchenette and plumbing, presenting opportunities for further customization and expansion, catering to your every need.
Don't miss this rare opportunity to secure your slice of Coogee with endless potential. Whether you're an investor, developer or homeowner with a vision, 108 Mills Street awaits your touch. Schedule your viewing today and embark on a journey to coastal bliss.
The property is being sold by Fixed Date Sale with all offers to be presented no later than 20th March 2024. NOTE: The seller reserves the right to accept an offer before the Fixed Date Sale date, without notice.
DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy. Interested persons are advised to make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.
Listing description written by Team Raspa, RASPA PROPERTY GROUP — reproduced as published, not verified by Districts.