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NSW › South Coogee › Close St

13 Close St, South Coogee NSW 2034

For saleHouse

$5,700,000

For sale

Asking

$6,080,000

Last sold

31 Aug 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

322.5 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $5,700,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $5,700,000(Listing record · 29 July 2026)
  • FactLand 323 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in South Coogee (last 5 years) with land size: median $9,412/m² of land (n=5). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 50% above the South Coogee median recorded sale ($3,800,000, n=5, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at South Coogee's advertised median rent ($500/wk), implied gross yield would be 0.46% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • FactZoned Low Density Residential (R2) under the Randwick Local Environmental Plan 2012.(NSW ePlanning Spatial Viewer · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

No verification items generated for this record.

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

The ask against the evidence

Asking

$5,700,000

Asking · $17,674/m² of land

Last recorded sale $6,080,000 (31 Aug 2024).

Local land rate: recorded House sales in South Coogee (last 5 years) with land size have a median of $9,412/m² of land (n=5). Districts calculation from recorded sales — not a valuation.

South Coogee at a glance

5,743

People

$3,800,000

Median sale

$500/wk

Median rent

0.68%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full South Coogee report →

Vs South Coogee

+50.0%

Median sale

Suburb $3,800,000

-0.22 pp

Gross yield

Suburb 0.68%

Suburb median $3,800,000 from 5 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$5,700,000
Stamp Duty (New South Wales)
$325,197
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$6,029,064

$329,064 on top of the price (5.8% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with South Coogee's advertised median rent — not a rent for this listing.

Net yield
-1.04%
Annual cashflow (pre-tax)
$-355,900
Interest cover (DSCR)
-0.20
Annual rent
$26,000
Operating expenses
$85,500
Loan amount
$4,560,000
Annual interest
$296,400
Gross yield
0.46%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning scheme

Randwick Local Environmental Plan 2012

Zone

Low Density Residential

R2

Jurisdiction

Randwick

Randwick, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 469.5

Development activity

Data unavailable

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 102325667

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not detected — official

The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

202420252026$6.08m$5.7m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$5,700,000available29 July 2026
  2. Sold$6,080,00031 Aug 2024
  3. Sold$6,080,00031 Aug 2024
  4. Listedprice unknowncompleted7 Aug 2024
  5. Listedprice unknowncompleted7 Aug 2024
  6. Listedprice unknowncompleted1 Jan 2001
  7. Listedprice unknowncompleted1 Jan 2001

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned Low Density Residential · R2 (Randwick Local Environmental Plan 2012). Official parcel area about 329 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $500/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 0.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

Districts view

This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.

Detail

Zoned Low Density Residential · R2 (Randwick Local Environmental Plan 2012). Official parcel area about 329 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

Read more

Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.

Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.

Evidence

What is known for this property

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Low Density Residential · R2 (Randwick Local Environmental Plan 2012). Official parcel area about 329 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

South Coogee in one glance

South Coogee at a glance

5,743

People

$3,800,000

Median sale

$500/wk

Median rent

0.68%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full South Coogee report →

Keep researching

  • Why South Coogee? Read the area thesis →
  • What else is on the market in South Coogee →
  • Other records on Close St →

Listing material

Listed by NGFarah

Architect-Designed Coastal Sanctuary With Ocean Views And Luxe Swimming Pool

Gazing out at the Pacific Ocean and capturing views of Wedding Cake Island and North Coogee headland, this bespoke home by Jason Blake Architecture is nestled in an exclusive enclave steps from the coastal walk and Ivo Rowe Rock Pool. Built by its current owners, the home channels a modern industrial aesthetic anchored by a striking steel and recycled timber staircase.

Crafted to integrate with the alfresco spaces, this breezy, light-infused design comes complete with a Master Builders Association award-winning pool finished in beautiful Cuban blend glass mosaics and lush tropical gardens by Pepo Botanic Design. Quietly nestled between Coogee and Maroubra Beaches, the home is a short walk to cafes, Wylie's Baths, sea sprayed parklands and South Coogee Public School.

- Designer 'Dan Kitchens' kitchen with premium Euro appliances

Read the full description

- Spectacular entertainer's deck with sweeping coastal views

- Elegant living room with bar and wood-burning fireplace

- Peaceful bedrooms with built-ins and ocean or garden views

- Luxe bathrooms with heated floors, rails and deep baths

- Sub-Zero refrigeration, Zip Taps and European appliances

- Ducted air, Bose sound, pop-up TVs and Centor screens

- Clever integrated storage with dedicated cloakroom

- Blackbutt timber flooring and luxurious new carpets

- Garage with mezzanine storage plus driveway parking

Water Rates: $216.53 per quarter approx.

Council Rates: $980.66 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. Images may include digitally enhanced or AI-generated content for illustrative purposes and may not precisely represent the actual and complete property or its features.

Listing description written by Conor Howard, NGFarah — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ensuites: 1
  • Pool
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.