1/242 Rainbow Street, Coogee, NSW 2034 | Apartment for rent | OnTheHouse
 
FOR RENT
$1,200 per week

1/242 Rainbow Street
Coogee NSW 2034

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Available From
Thursday 22 October 2026| Bond $4,800
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Boutique Beach Pad with Bonus Alfresco Entertaining Space

In an elevated position set back from the road, this first floor apartment is ideally located to the attractions of The Spot and Coogee Beach. Featuring easy indoor-outdoor flow, it comes with a bonus exclusive-use courtyard featuring an entertainer's deck and grassy play area. Leafy streetscape outlooks that extend to the distant lights of Botany Bay add a lovely backdrop to the living and social zones. From its boutique block, the apartment offers closeness to ocean baths, the coastal walk, Ritz cinemas, schools and eateries.
Features:
• Living/dining area features floorboards and ceiling fan
• Glass sliding doors offer access to a decked balcony
• Tidy separate kitchen offers a neutral colour scheme
• Both bedrooms include built-in wardrobes and carpet
• Private external storage plus a large internal laundry
• Secure garden-framed block of only 9 with intercom
• Car parking space in basement plus visitor parking available

Property Details for 1/242 Rainbow St, Coogee

1/242 Rainbow St, Coogee is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for rent with PRD Real Estate Perez Real Estate.

Building Type
Apartment
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About Coogee 2034

The size of Coogee is approximately 2.0 square kilometres. There are 14 parks, covering nearly 19.0% of the total area. The population of Coogee in 2016 was 15212 people. By 2021 the population was 14634 showing a population decline of 3.8% in the area during that time. The predominant age group in Coogee is 30-39 years. Households in Coogee are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Coogee work in a professional occupation.In 2021, 43.50% of the homes in Coogee were owner-occupied compared with 43.60% in 2016.

Coogee has 9,198 properties. Over the last 5 years, Houses in Coogee have seen a 8.16% increase in median value, while Units have seen a 10.16% increase. As at 31 August 2026:

  • The median value for Houses in Coogee is $4,267,308 while the median value for Units is $1,521,358.
  • Houses have a median rent of $2,000 while Units have a median rent of $990.
There are currently 33 properties listed for sale, and 27 properties listed for rent in Coogee on OnTheHouse. According to Cotality's data, 381 properties were sold in the past 12 months in Coogee.

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Daniel Moddel
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PRD Real Estate Perez Real Estate
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