Suburb Profile Report for Kotara South NSW (2289)

Kotara South House: Median price $526,500, Annual capital growth 4.19%, Number of sales 14, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report

Investment property in Kotara South has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.66%

Taking the average capital gain, or increase in median house value, Kotara South,2289 has racked up an average of -0.66% over the period. This ranks it number 2001th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Kotara South is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 189th in terms of most discounted suburbs in NSW

A $430 per week rent on the median house gives suburb investors a gross yield of circa 4.25%, without taking into account capital value appreciation, which has been averaging out at 4.19%.

HOUSE UNIT
$526,500 N/A
1.64% N/A
-0.66% N/A
4.19% N/A
$430 N/A
14 N/A
4.25% N/A
74.9 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Kotara South NSW
Demographics
Total population 1143
Median household income ($/weekly) 1135
Median age of persons 39
Median housing loan repayment ($/monthly) 1900
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 147 12.8
    25-34 years 136 11.9
    35-44 years 163 14.2
    45-54 years 121 10.6
    65-74 years 132 11.5
    Others 445 38.9
    Age Group
    Census Count Percent(%)
    Registered Married 511 59.6
    Not Married 283 33.0
    Defacto Relationship 64 7.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1004 90.3
    Germany 11 1.0
    Papua New Guinea 7 0.6
    United Kingdom 33 3.0
    Other 24 2.2
    Others 33 3.0
    Country of Birth
    Census Count Percent(%)
    Christianity 815 75.6
    No Religion 249 23.1
    Hinduism 6 0.6
    Buddhism 5 0.5
    Other Religious Groups 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 48 12.5
    $600-$799 48 12.5
    $1,250-$1,499 37 9.6
    $1,500-$1,999 43 11.2
    $2,000-$2,499 32 8.3
    Others 176 45.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 344 39.2
    Employed, worked full-time 299 34.1
    Employed, worked part-time 168 19.1
    Employed, away from work 37 4.2
    Unemployed, looking for work 30 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 57 11.2
    Professionals 137 27.0
    Technicians & trades workers 70 13.8
    Clerical & administrative workers 79 15.6
    Sales 54 10.7
    Others 110 21.7
    Occupation
    Census Count Percent(%)
    Pre-school 16 6.3
    Infants/Primary 91 36.1
    Secondary 76 30.2
    Technical or Further Educational Institution 18 7.1
    University or other Tertiary Institutions 42 16.7
    Others 9 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1079 96.6
    Flat, unit or apartment 23 2.1
    Semi-detached, row or terrace house, townhouse 15 1.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 174 41.5
    Fully owned 171 40.8
    Rented 74 17.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals