Suburb Profile Report for Kogarah NSW (2217)

Kogarah House: Median price $1,150,000, Annual capital growth 8.14%, Number of sales 51, Weekly median advertised rent $600

Kogarah Unit: Median price $597,000, Annual capital growth 6.33%, Number of sales 186, Weekly median advertised rent $470

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

At number 3824th in the list of Australian suburbs ordered by increase in median house value over the last year, Kogarah, 2217 is in the BOTTOM 10% with a property value increase of -10.51% recorded in median house prices.

A 61.97% growth in median value for property investors in Kogarah,2217 puts this suburb at number 936th in terms of best performing suburbs in NSW

Property buyers and investors in Kogarah 2217 should be seeing an average reduction in asking price of around -7.42% . This means that Kogarah is holding prices well when compared to other suburbs in NSW.

Residents and property investors in Kogarah have been waiting around 97 days to sell a property.

Advertised rents are around the $600 mark per week – giving a return of 2.71% based on the median price in Suburb

At number 1380th in the list of Australian suburbs ordered by increase in median house value over the last year, Kogarah, 2217 is in the BOTTOM 30% with a property value increase of -4.10% recorded in median house prices.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kogarah has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Kogarah are currently offering property investors an average price cut of -4.84% below the asking price at the moment.

The NSW suburb of Kogarah, 2217 is in the Kogarah local government area.

HOUSE UNIT
$1,150,000 $597,000
0.00% 0.00%
-10.51% -4.10%
8.14% 6.33%
$600 $470
51 186
2.71% 4.09%
97 59.2

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 12763
Median household income ($/weekly) 1238
Median age of persons 33
Median housing loan repayment ($/monthly) 2032
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1233 9.7
    25-34 years 2998 23.5
    35-44 years 1978 15.5
    45-54 years 1507 11.8
    55-64 years 1060 8.3
    Others 3988 31.2
    Age Group
    Census Count Percent(%)
    Registered Married 4925 50.7
    Not Married 4221 43.4
    Defacto Relationship 571 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4700 39.7
    Croatia 1528 12.9
    Indonesia 465 3.9
    Philippines 386 3.3
    Other 2282 19.3
    Others 2485 21.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 710 6.1
    Christianity 6159 53.0
    Hinduism 1266 10.9
    Islam 1031 8.9
    No Religion 2322 20.0
    Others 124 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 400 9.5
    $600-$799 403 9.6
    $1,000-$1,249 405 9.6
    $1,250-$1,499 388 9.2
    $1,500-$1,999 590 14.1
    Others 2013 47.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4011 40.6
    Not in the labour force 3080 31.2
    Employed, worked part-time 1959 19.8
    Unemployed, looking for work 464 4.7
    Employed, away from work 368 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1573 24.8
    Technicians & trades workers 770 12.1
    Community & personal service workers 697 11.0
    Clerical & administrative workers 971 15.3
    Labourers 714 11.3
    Others 1616 25.5
    Occupation
    Census Count Percent(%)
    Infants/Primary 773 25.0
    Secondary 598 19.3
    Technical or Further Educational Institution 478 15.4
    University or other Tertiary Institutions 924 29.8
    Other type of educational institution 172 5.6
    Others 152 4.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 6934 58.6
    Separate house 4066 34.3
    Semi-detached, row or terrace house, townhouse 784 6.6
    House or flat attached to a shop, office 53 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1908 42.3
    Being purchased 1366 30.3
    Fully owned 1214 26.9
    Other tenure type 19 0.4
    Tenure Type
Census 2011, ABS
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