With a capital gain of 10.33% for the last 12 months, Kirrawee, 2232 has performed for property investments than its average annual 8.22% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kirrawee has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Kirrawee should be aiming for at least -4.01% off the asking price, which is the average vendor discount being achieved at the moment.
Over the last year, property investments in Kirrawee, 2232 have given investors a capital gain of 11.07%. This compares favourably with the 6.22% for NSW as a whole.
A 41.18% growth in median value for property investors in Kirrawee,2232 puts this suburb at number 462th in terms of best performing suburbs in NSW
At number 388th of NSW’s most discounted properties, Kirrawee is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Kirrawee the average time real estate has been on the market is 27.35 days.
Situated 20.86km from the CBD, Kirrawee is one of Sutherland Shire localities in the postcode 2232.
The Sutherland Shire suburb of Kirrawee strikes a good balance between accessibility and the relaxed lifestyle of the Shire. Full summary
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The Sutherland Shire suburb of Kirrawee strikes a good balance between accessibility and the relaxed lifestyle of the Shire.
Access to the Sydney CBD and Wollongong is facilitated by direct trains and road connections via the Princes Highway, while the suburb is within easy reach of all the peninsula’s amenities.
Kirrawee itself has several schools, independent grocery stores and supermarkets, and a number of shops and restaurants around Oak Road North and the Old Princes Highway. It’s also within easy reach of the many nature reserves in the Shire, the Royal National Park and Gymea Bay for water leisure activities.
It’s one of the more affordable suburbs in the Shire, and residents are typically affluent families. Fifty-three per cent of residents are married, and the average weekly household income is higher than the NSW average. The majority of residents are employed, with a mix of white collar and blue collar workers, but there is also a small student population.
Kirrawee looks set to be a steady performer, perfect for the risk-averse investor. Buyers are best advised to stick to the south and west of the suburb, to take advantage of bush outlooks and to stay away from the commercial zones in north Kirrawee.