At number 990th in the list of Australian suburbs ordered by increase in median house value over the last year, Kirrawee, 2232 is in the top 30% with a property value increase of 12.68% recorded in median house prices.
Kirrawee,2232 has offered an average of 12.68% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Kirrawee is giving property investors an average Vendor Discount of around -4.01%. This puts suburb at number 875th in NSW when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $8040 per annum or $670 every week.
Property value increases in Kirrawee have tracked just higher than the NSW average of 6.96% over the last 12 months.
If we look at median property appreciation over just the last three months, Kirrawee has given property investors a paper return of -1.39%. This puts Suburb as 481 on a list of fastest fasting appreciating suburbs in NSW
Kirrawee2232 is located in NSW which offers an average discount of -4.23% to property investors. Kirrawee itself is showing figures that indicate -2.27% is the average achievable by property buyers investing in the suburb.
At number 44 in a list of fastest selling suburbs, Kirrawee is in the TOP 10% of suburbs in Australia with an average of days on market 28.79 for properties listed there.
Advertised rents are around the $459.5 mark per week – giving a return of 3.56% based on the median price in Suburb
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.