If you were to buy a house locally at the current median price of $805,000 and had 10% deposit, then you would need a mortgage for $724,500. This is a very large mortgage compared to state.
With a net change of -168 people, COOGEE 6166 has has shrunk quite a lot when compared to other suburbs in WA.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,000 which is $700 more every month. As a percentage rise, this makes COOGEE, 6166 the number 1453th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
In a list of Australian suburbs ranked by what percentage of the median household income was paid out in home loan repayments, COOGEE WA would be 5190th with 25.74.