Suburb Profile Report for Koolewong NSW (2256)

Koolewong House: Median price $700,000, Annual capital growth 2.95%, Number of sales 19, Weekly median advertised rent $530

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

Source: CoreLogic

  • House Report

With a capital gain of 20.59% for the last 12 months, Koolewong, 2256 has performed for property investments than its average annual 2.95% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Koolewong comes in at number 49th in NSW.

Property investors looking for a bargain in Koolewong should be aiming for at least -7.93% off the asking price, which is the average vendor discount being achieved at the moment.

A $530 per week rent on the median house gives suburb investors a gross yield of circa 3.94%, without taking into account capital value appreciation, which has been averaging out at 2.95%.

HOUSE UNIT
$700,000 N/A
-0.36% N/A
20.59% N/A
2.95% N/A
$530 N/A
19 N/A
3.94% N/A
73.87 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 794
Median household income ($/weekly) 1237
Median age of persons 46
Median housing loan repayment ($/monthly) 2040
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 101 12.7
    35-44 years 101 12.7
    45-54 years 124 15.6
    55-64 years 123 15.5
    65-74 years 106 13.4
    Others 239 30.1
    Age Group
    Census Count Percent(%)
    Registered Married 313 51.3
    Not Married 238 39.0
    Defacto Relationship 59 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 599 79.0
    Croatia 14 1.8
    Greece 11 1.5
    Papua New Guinea 16 2.1
    United Kingdom 68 9.0
    Others 50 6.6
    Country of Birth
    Census Count Percent(%)
    Christianity 547 74.8
    No Religion 164 22.4
    Buddhism 11 1.5
    Other Religious Groups 6 0.8
    Judaism 3 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 28 9.9
    $800-$999 24 8.5
    $1,000-$1,249 30 10.6
    $1,250-$1,499 29 10.3
    $1,500-$1,999 35 12.4
    Others 136 48.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 230 36.8
    Not in the labour force 228 36.5
    Employed, worked part-time 122 19.5
    Unemployed, looking for work 28 4.5
    Employed, away from work 17 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 48 12.9
    Professionals 85 22.8
    Technicians & trades workers 45 12.1
    Community & personal service workers 37 9.9
    Clerical & administrative workers 73 19.6
    Others 84 22.6
    Occupation
    Census Count Percent(%)
    Infants/Primary 66 36.7
    Secondary 50 27.8
    University or other Tertiary Institutions 30 16.7
    Technical or Further Educational Institution 19 10.6
    Pre-school 15 8.3
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 731 98.1
    Flat, unit or apartment 9 1.2
    Semi-detached, row or terrace house, townhouse 5 0.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 134 43.8
    Being purchased 105 34.3
    Rented 64 20.9
    Other tenure type 3 1.0
    Tenure Type
Census 2011, ABS
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