Suburb Profile Report for Kogarah NSW (2217)

Kogarah House: Median price $1,310,000, Annual capital growth 9.40%, Number of sales 54, Weekly median advertised rent $600

Kogarah Unit: Median price $620,000, Annual capital growth 6.99%, Number of sales 203, Weekly median advertised rent $470

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Kogarah, 2217 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.95%

While Kogarah,2217 ranked number 296th in NSW for increase in median house value (annualised) increase, it is ranked 131th over the last 5 years.

Kogarah2217 is located in NSW which offers an average discount of -5.49% to property investors. Kogarah itself is showing figures that indicate -9.31% is the average achievable by property buyers investing in the suburb.

Giving property investors a an unimpressive capital gain of 0.00% for the last year, Kogarah, 2217 is the 1090th highest performer in Australia in this respect.

Kogarah,2217 was ranked 421 in Australia by increase in median property value over the quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kogarah, 2217. Typically our figures indicate that -4.46% is being offered, which puts this NSW suburb at 954th most discounted overall in Australia.

Using the current median advertised rental of $470 and the average annual increase in value of a median property of 6.99%, investors should hope to achieve an overall return of 3.94%

Metrics i HOUSE UNIT
$1,310,000 $620,000
5.43% 3.33%
2.95% 0.00%
9.40% 6.99%
$600 $470
54 203
2.38% 3.94%
125.05 62.52

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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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
Chart Table
Recent sales & rentals