Suburb Profile Report for Kurri Kurri NSW (2327)

Kurri Kurri House: Median price $328,000, Annual capital growth 5.80%, Number of sales 120, Weekly median advertised rent $320

Kurri Kurri Unit: Median price $275,000, Annual capital growth 6.07%, Number of sales 36, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

Kurri Kurri, 2327 ranked 654th in NSW when comparing growth in median property values or capital gain over the last 12 months. Kurri Kurri is one of 3163 in our list for NSW

When looking at the potential capital gains offered to property investors over the last 3 years, Kurri Kurri comes in at number 1054th in NSW.

Property investors looking for a bargain in Kurri Kurri should be aiming for at least -5.04% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 120 properties changed hands in Kurri Kurri, which puts it as the 203th most active market in NSW when comparing the number of sales per suburb.

Using the current median advertised rental of $320 and the average annual increase in value of a median property of 5.80%, investors should hope to achieve an overall return of 5.07%

If you compare the increase in value of investment property in Kurri Kurri, 2327 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.84%.

A 12.70% growth in median value for property investors in Kurri Kurri,2327 puts this suburb at number 161th in terms of best performing suburbs in NSW

Kurri Kurri, 2327 is offering NSW ‘s 109th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.

Residents and property investors in Kurri Kurri have been waiting around 104.85 days to sell a property.

Property investors should expect to get $290 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$328,000 $275,000
2.82% 3.77%
11.19% 7.84%
5.80% 6.07%
$320 $290
120 36
5.07% 5.48%
70.96 104.85

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Kurri Kurri NSW
Demographics
Total population 5771
Median household income ($/weekly) 846
Median age of persons 37
Median housing loan repayment ($/monthly) 1430
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 828 14.3
    25-34 years 656 11.4
    35-44 years 733 12.7
    45-54 years 726 12.6
    55-64 years 729 12.6
    Others 2099 36.4
    Age Group
    Census Count Percent(%)
    Not Married 1971 46.9
    Registered Married 1754 41.7
    Defacto Relationship 481 11.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 5177 94.6
    Papua New Guinea 32 0.6
    Philippines 14 0.3
    United Kingdom 143 2.6
    Other 26 0.5
    Others 82 1.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 15 0.3
    Christianity 4174 79.4
    Islam 10 0.2
    Other Religious Groups 19 0.4
    No Religion 1034 19.7
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 223 11.1
    $400-$599 318 15.8
    $600-$799 266 13.2
    $1,000-$1,249 193 9.6
    $1,500-$1,999 199 9.9
    Others 809 40.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1891 44.0
    Employed, worked full-time 1316 30.6
    Employed, worked part-time 727 16.9
    Unemployed, looking for work 208 4.8
    Employed, away from work 160 3.7
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 476 21.6
    Clerical & administrative workers 258 11.7
    Sales 238 10.8
    Machinery operators & drivers 291 13.2
    Labourers 340 15.4
    Others 601 27.3
    Occupation
    Census Count Percent(%)
    Pre-school 108 8.7
    Infants/Primary 498 39.9
    Secondary 388 31.1
    Technical or Further Educational Institution 125 10.0
    University or other Tertiary Institutions 92 7.4
    Others 36 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4987 90.1
    Semi-detached, row or terrace house, townhouse 375 6.8
    Flat, unit or apartment 167 3.0
    Caravan, cabin, houseboat 5 0.1
    House or flat attached to a shop, office 4 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 777 35.9
    Rented 697 32.2
    Being purchased 681 31.4
    Other tenure type 11 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals