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McLeods Shoot vs South Coogee

Property investment comparison - McLeods Shoot, NSW 2479 vs South Coogee, NSW 2034

Head-to-head across core investment metrics: McLeods Shoot wins 2, South Coogee wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricMcLeods ShootSouth Coogee
Median house price$4.4M$4.5M
Median unit price$1.1M$1.5M
Gross rental yield (houses)-2.13%
Gross rental yield (units)3.15%-
1-year house growth--3.2%
3-year house growth-+2.6%
Vacancy rate1.9%1.1%
Population1135,611

McLeods Shoot vs South Coogee: what the numbers say

The median house price is $4.4M in McLeods Shoot and $4.5M in South Coogee, so McLeods Shoot is the cheaper entry point, with South Coogee houses about 1% dearer.

For units, McLeods Shoot sits at a median of $1.1M against $1.5M in South Coogee, which makes McLeods Shoot the more affordable unit market and South Coogee the pricier one.

Rental vacancy is 1.1% in South Coogee and 1.9% in McLeods Shoot, so landlords in South Coogee face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

South Coogee is the bigger suburb, with a population of 5,611 against 113, roughly 50 times the size of McLeods Shoot; a larger suburb usually means a deeper pool of buyers and tenants.

In short: McLeods Shoot for a lower purchase price, South Coogee for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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