24 Surada Street, North Coogee, WA 6163
Closing Date Sale - Thursday 18th June, 4pm
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Open Saturday 6 June 10:00 amFormerly a heavily industrial zone housing the South Fremantle Power Station and various meatworks. The area underwent a massive multi-billion dollar urban renewal project starting in the early 2000s to create the Port Coogee Marina and South Beach residential precincts.
An upscale, modern coastal suburb characterized by contemporary architecture, luxury apartments, and a strong focus on outdoor maritime lifestyle.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
North Coogee represents the successful transition of Perth's southern coastline from industrial to residential. It offers a 'Fremantle-lite' lifestyle with newer builds and better parking, appealing to those who find Fremantle's heritage housing too high-maintenance.
$1.25m – $3.8m
$480k – $1.4m
12-month movement
Current asking rents
The high percentage of units reflects the suburb's density strategy, while the house median is skewed by rare absolute beachfront land.
Price comparison
Median price ÷ median income
Estimated rental yield
North Coogee is one of the least affordable suburbs in the southern corridor, catering to high-net-worth individuals and successful professionals.
Lower = tighter market
Avg time on market
Annual rental increase
Corporate professionals, fly-in-fly-out (FIFO) workers seeking lifestyle, and affluent downsizers.
Strong rental growth is supported by limited supply and high lifestyle appeal. However, investors must factor in high strata costs which can eat into net yields.
Expect sustained capital growth above the Perth average as the South Fremantle Power Station redevelopment acts as a major regional catalyst.
vs last 12 months
Relative comparison
Check secure parking arrangements in apartment complexes; opportunistic theft from vehicles near beach car parks is the most common local issue.
Environmental and financial risks are the primary concerns in this premium coastal market.
Low risk of traditional flooding, but high risk of storm surge in low-lying marina sections.
Negligible risk due to urbanized coastal nature.
Premiums may be higher due to salt spray corrosion and proximity to the ocean.
Special Control Area (Port Coogee), Coastal Hazard Risk Management and Adaptation Plan (CHRMAP).
South Beach northern end and the final stages of the Port Coogee Marina.
Strict design guidelines ensure aesthetic consistency but can limit individual renovation flexibility.
Bus 548 and 549 connect to Fremantle Station; car reliance is high for commuting to Perth CBD.
Port Coogee Village provides essential retail (Woolworths); South Beach offers iconic cafes.
Excellent coastal reserves, Ngarkal Beach Water Park, and Manning Park nearby.
Catchment for Coogee Primary and Fremantle College; several private options in nearby Spearwood.
Proximity to Fiona Stanley Hospital and St John of God Murdoch (approx. 15-20 mins).
An affluent, professional population with a mix of young families and wealthy 'empty nesters'.
The high owner-occupier rate and income levels support property price resilience and community pride.
The transformation of the South Fremantle Power Station is the defining future project.
Residents highly value the 'holiday at home' feel and the safety of the area, though some express frustration with the lack of a secondary school and high strata costs.
Walking the dog along the marina every morning feels like being at a resort; I wouldn't live anywhere else in Perth.
The apartment is stunning but be prepared for the strata fees; they are significant due to the coastal upkeep.
The parks and the splash pad at Ngarkal Beach are amazing for the kids, but I do worry about where they'll go to high school.
Position the property as a low-maintenance, turn-key luxury alternative to the high-maintenance heritage homes of Fremantle.
High-income tenants are attracted to the modern amenities and security of North Coogee.
High holding costs (strata/rates) can result in lower net yields despite high gross rents.
Unbeatable access to the beach and a very safe, quiet environment.
Public transport is infrequent; a car is almost essential for daily commuting.
Ensure all balcony railings meet current safety standards and smoke alarms are coastal-grade to prevent false triggers from salt air.
The '15-minute suburb'—everything for a luxury coastal life within a short walk or drive.
Professional couples 35-50, affluent retirees, and high-income FIFO workers.
This report is for informational purposes only and does not constitute financial or legal advice. Data is based on available information as of March 2026 and is subject to market fluctuations and government planning changes.
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Closing Date Sale - Thursday 18th June, 4pm
3 2 2
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