Suburb Profile Report for Kanahooka NSW (2530)

Kanahooka House: Median price $594,800, Annual capital growth 6.32%, Number of sales 99, Weekly median advertised rent $490

Kanahooka Unit: Median price $510,000, Annual capital growth 7.81%, Number of sales 16, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 9.74% which means that Kanahooka, 2530 has done well for property investors by showing a capital gain of 18.96% over the last year

If we look at median property appreciation over just the last three months, Kanahooka has given property investors a paper return of 4.31%. This puts Suburb as 486 on a list of fastest fasting appreciating suburbs in NSW

Sellers are offering property buyers an average discount of -4.34% to buyers in Kanahooka at the moment, which is less than average for the rest of NSW.

In the last year 99 properties changed hands in Kanahooka, which puts it as the 294th most active market in NSW when comparing the number of sales per suburb.

At number 370th in the list of Australian suburbs ordered by increase in median house value over the last year, Kanahooka, 2530 is in the top 30% with a property value increase of 11.48% recorded in median house prices.

Kanahooka,2530 has offered an average of 11.48% return per annum in house price rises to property investors over the last three years.

Kanahooka, 2530 is offering NSW ‘s 2nd most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.

In the last year 16 properties changed hands in Kanahooka, which puts it as the 493th most active market in NSW when comparing the number of sales per suburb.

Using the current median advertised rental of $480 and the average annual increase in value of a median property of 7.81%, investors should hope to achieve an overall return of 4.89%

Metrics i HOUSE UNIT
$594,800 $510,000
4.31% 3.55%
18.96% 11.48%
6.32% 7.81%
$490 $480
99 16
4.28% 4.89%
33.18 120.4

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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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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