Suburb Profile Report for Koolewong NSW (2256)

Koolewong House: Median price $815,000, Annual capital growth 9.11%, Number of sales 15, Weekly median advertised rent $580

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Koolewong, 2256 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.16%.

A 73.40% growth in median value for property investors in Koolewong,2256 puts this suburb at number 1116th in terms of best performing suburbs in NSW

Our latest figures would indicate that property sellers in Koolewong are currently offering property investors an average price cut of -4.13% below the asking price at the moment.

A $580 per week rent on the median house gives suburb investors a gross yield of circa 3.70%, without taking into account capital value appreciation, which has been averaging out at 9.11%.

Metrics i HOUSE UNIT
$815,000 N/A
-0.43% N/A
5.16% N/A
9.11% N/A
$580 N/A
15 N/A
3.70% N/A
52.14 N/A

Source: CoreLogic

DSR Score for property investment : Good (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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