Property value increases in Kirrawee have tracked just higher than the NSW average of 7.15% over the last 12 months.
Kirrawee,2232 has offered an average of 10.77% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -3.73% to buyers in Kirrawee at the moment, which is less than average for the rest of NSW.
Often selling an investment property can take time, and in Kirrawee the average time real estate has been on the market is 43.21 days.
Advertised rents are around the $650 mark per week – giving a return of 3.13% based on the median price in Suburb
Kirrawee, 2232 ranked 291th in NSW when comparing growth in median property values or capital gain over the last 12 months. Kirrawee is one of 3162 in our list for NSW
Over the longer term, Kirrawee has seen property prices show investors a 35.34% return over the last 3 years. This is worse than over the last 12 months
Kirrawee, 2232 is offering NSW ‘s 411th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.
On average over the past year, suburb has had 7.75 sales per month, which equates to 93 per year.
Kirrawee is 407th on a list of best yielding suburbs for rents in NSW with a 3.74% return
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.