Suburb Profile Report for Kanahooka NSW (2530)

Kanahooka House: Median price $507,500, Annual capital growth 4.55%, Number of sales 78, Weekly median advertised rent $435

Kanahooka Unit: Median price $475,000, Annual capital growth 7.87%, Number of sales 35, Weekly median advertised rent $460

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

Source: CoreLogic

  • House Report
  • Unit Report

Kanahooka, 2530 ranked 847th in NSW when comparing growth in median property values or capital gain over the last 12 months. Kanahooka is one of 3162 in our list for NSW

When looking at the potential capital gains offered to property investors over the last 3 years, Kanahooka comes in at number 618th in NSW.

Property buyers and investors in Kanahooka 2530 should be seeing an average reduction in asking price of around -4.84% . This means that Kanahooka is holding prices well when compared to other suburbs in NSW.

Using the current median advertised rental of $435 and the average annual increase in value of a median property of 4.55%, investors should hope to achieve an overall return of 4.46%

Investment property in Kanahooka has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.76%

While Kanahooka,2530 ranked number 104th in NSW for increase in median house value (annualised) increase, it is ranked 493th over the last 5 years.

Property investors looking for a bargain in Kanahooka should be aiming for at least -5.23% off the asking price, which is the average vendor discount being achieved at the moment.

Situated 15.65km from the CBD, Kanahooka is one of Wollongong localities in the postcode 2530.

HOUSE UNIT
$507,500 $475,000
1.50% 3.83%
5.73% 11.76%
4.55% 7.87%
$435 $460
78 35
4.46% 5.04%
43.57 129.76

Source: CoreLogic

DSR Score for property investment : Excellent (U), Very good (H)
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Demographics
Total population 5166
Median household income ($/weekly) 981
Median age of persons 46
Median housing loan repayment ($/monthly) 1907
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 586 11.3
    35-44 years 609 11.8
    45-54 years 625 12.1
    55-64 years 741 14.3
    65-74 years 704 13.6
    Others 1902 36.8
    Age Group
    Census Count Percent(%)
    Registered Married 2246 59.3
    Not Married 1320 34.9
    Defacto Relationship 219 5.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 3837 78.6
    Greece 61 1.2
    Japan 49 1.0
    United Kingdom 562 11.5
    Other 111 2.3
    Others 261 5.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 20 0.4
    Christianity 4000 83.7
    Islam 19 0.4
    Other Religious Groups 7 0.1
    No Religion 730 15.3
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 272 16.0
    $600-$799 200 11.8
    $800-$999 157 9.3
    $1,500-$1,999 192 11.3
    $2,000-$2,499 160 9.4
    Others 714 42.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1820 45.2
    Employed, worked full-time 1280 31.8
    Employed, worked part-time 683 17.0
    Employed, away from work 135 3.4
    Unemployed, looking for work 111 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 314 15.0
    Technicians & trades workers 357 17.1
    Community & personal service workers 249 11.9
    Clerical & administrative workers 343 16.4
    Machinery operators & drivers 211 10.1
    Others 619 29.6
    Occupation
    Census Count Percent(%)
    Pre-school 92 9.3
    Infants/Primary 375 37.9
    Secondary 295 29.8
    Technical or Further Educational Institution 105 10.6
    University or other Tertiary Institutions 101 10.2
    Others 22 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4217 90.1
    Semi-detached, row or terrace house, townhouse 202 4.3
    Caravan, cabin, houseboat 197 4.2
    Flat, unit or apartment 63 1.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 952 51.7
    Being purchased 682 37.1
    Rented 179 9.7
    Other tenure type 27 1.5
    Tenure Type
Census 2011, ABS
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