Kirrawee is an average performer in NSW when comparing median price capital growth over the last year. Kirrawee gave property investors a average capital gain figure when compared to the rest of the state, with 7.13%.
While Kirrawee,2232 ranked number 469th in NSW for increase in median house value (annualised) increase, it is ranked 309th over the last 5 years.
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 Kirrawee, 2232. Typically our figures indicate that -2.75% is being offered, which puts this NSW suburb at 3637th most discounted overall in Australia.
Often selling an investment property can take time, and in Kirrawee the average time real estate has been on the market is 45.05 days.
Property investors should expect to get $650 weekly from the median priced house in this suburb.
Giving property investors a a solid capital gain of 18.26% for the last year, Kirrawee, 2232 is the 117th highest performer in Australia in this respect.
Across a shorter period, Kirrawee, 2232 has seen a median price increase of 9.40% over the last quarter.
Sellers are offering property buyers an average discount of -3.00% to buyers in Kirrawee at the moment, which is less than average for the rest of NSW.
Advertised rents are around the $450 mark per week – giving a return of 3.44% 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.