Suburb Profile Report for Kirrawee NSW (2232)

Kirrawee House: Median price $1,200,000, Annual capital growth 8.37%, Number of sales 102, Weekly median advertised rent $670

Kirrawee Unit: Median price $672,000, Annual capital growth 7.70%, Number of sales 86, Weekly median advertised rent $460

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

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

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The Sutherland Shire suburb of Kirrawee strikes a good balance between accessibility and the relaxed lifestyle of the Shire. Full summary

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.

Close
Metrics i HOUSE UNIT
$1,200,000 $672,000
5.45% -1.39%
12.68% 10.16%
8.37% 7.70%
$670 $460
102 86
2.90% 3.56%
33.6 28.79

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
Find a mortgage broker in Kirrawee NSW
Demographics
Total population 8977
Median household income ($/weekly) 1387
Median age of persons 39
Median housing loan repayment ($/monthly) 2496
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1059 11.8
    25-34 years 1218 13.6
    35-44 years 1314 14.6
    45-54 years 1127 12.6
    55-64 years 998 11.1
    Others 3262 36.3
    Age Group
    Census Count Percent(%)
    Registered Married 3491 51.8
    Not Married 2732 40.5
    Defacto Relationship 520 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 7123 82.5
    Croatia 89 1.0
    Papua New Guinea 117 1.4
    United Kingdom 391 4.5
    Other 240 2.8
    Others 673 7.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 124 1.5
    Christianity 6678 79.4
    Hinduism 51 0.6
    Islam 48 0.6
    No Religion 1468 17.5
    Others 38 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 268 8.8
    $800-$999 269 8.9
    $1,500-$1,999 375 12.4
    $2,000-$2,499 340 11.2
    $2,500-$2,999 287 9.5
    Others 1490 49.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2813 40.8
    Not in the labour force 2297 33.3
    Employed, worked part-time 1349 19.6
    Employed, away from work 240 3.5
    Unemployed, looking for work 200 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 548 12.5
    Professionals 985 22.4
    Technicians & trades workers 639 14.5
    Community & personal service workers 439 10.0
    Clerical & administrative workers 800 18.2
    Others 990 22.5
    Occupation
    Census Count Percent(%)
    Pre-school 200 9.9
    Infants/Primary 685 34.0
    Secondary 531 26.4
    Technical or Further Educational Institution 207 10.3
    University or other Tertiary Institutions 334 16.6
    Others 57 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6106 71.1
    Semi-detached, row or terrace house, townhouse 1381 16.1
    Flat, unit or apartment 1085 12.6
    House or flat attached to a shop, office 13 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1256 37.9
    Fully owned 1201 36.3
    Rented 790 23.9
    Other tenure type 64 1.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals