Suburb Profile Report for Kahibah NSW (2290)

Kahibah House: Median price $619,975, Annual capital growth 6.95%, Number of sales 34, Weekly median advertised rent $430

Kahibah Unit: Median price $540,000, Annual capital growth 8.38%, Number of sales 17, Weekly median advertised rent $385

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Kahibah has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.91%

When looking at the potential capital gains offered to property investors over the last 3 years, Kahibah comes in at number 918th in NSW.

Property investors looking for a bargain in Kahibah should be aiming for at least -7.17% off the asking price, which is the average vendor discount being achieved at the moment.

At number 818 in a list of fastest selling suburbs, Kahibah is in the TOP 30% of suburbs in Australia with an average of days on market 53.5 for properties listed there.

The NSW suburb of Kahibah, 2290 is in the Lake Macquarie local government area.

Giving property investors a a solid capital gain of 23.78% for the last year, Kahibah, 2290 is the 106th highest performer in Australia in this respect.

Comparing Kahibah,2290 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.16% offered to property buyers. Sellers in Kahibah itself are offering an average vendor discount of -2.98% to real estate investors.

Often selling an investment property can take time, and in Kahibah the average time real estate has been on the market is 35.41 days.

Using the current median advertised rental of $385 and the average annual increase in value of a median property of 8.38%, investors should hope to achieve an overall return of 3.71%

Metrics i HOUSE UNIT
$619,975 $540,000
3.16% 16.00%
13.91% 23.78%
6.95% 8.38%
$430 $385
34 17
3.61% 3.71%
53.5 35.41

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2083
Median household income ($/weekly) 1167
Median age of persons 38
Median housing loan repayment ($/monthly) 1863
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 246 11.8
    25-34 years 277 13.3
    35-44 years 289 13.9
    45-54 years 256 12.3
    55-64 years 210 10.1
    Others 805 38.6
    Age Group
    Census Count Percent(%)
    Registered Married 768 49.4
    Not Married 622 40.0
    Defacto Relationship 165 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1844 91.9
    Greece 8 0.4
    Papua New Guinea 14 0.7
    United Kingdom 58 2.9
    Other 23 1.1
    Others 60 3.0
    Country of Birth
    Census Count Percent(%)
    Christianity 1405 72.8
    No Religion 504 26.1
    Buddhism 16 0.8
    Islam 6 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 86 11.0
    $400-$599 85 10.8
    $600-$799 68 8.7
    $1,500-$1,999 95 12.1
    $2,000-$2,499 93 11.9
    Others 357 45.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 629 39.2
    Not in the labour force 584 36.4
    Employed, worked part-time 295 18.4
    Employed, away from work 57 3.6
    Unemployed, looking for work 40 2.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 267 27.3
    Technicians & trades workers 158 16.2
    Clerical & administrative workers 158 16.2
    Sales 96 9.8
    Labourers 84 8.6
    Others 215 22.0
    Occupation
    Census Count Percent(%)
    Pre-school 42 9.7
    Infants/Primary 175 40.3
    Secondary 102 23.5
    Technical or Further Educational Institution 31 7.1
    University or other Tertiary Institutions 72 16.6
    Others 12 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1663 84.1
    Flat, unit or apartment 270 13.7
    Semi-detached, row or terrace house, townhouse 34 1.7
    House or flat attached to a shop, office 11 0.6
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 335 40.9
    Being purchased 312 38.0
    Rented 173 21.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals