Suburb Profile Report for Kanahooka NSW (2530)

Kanahooka House: Median price $610,000, Annual capital growth 6.98%, Number of sales 106, Weekly median advertised rent $495

Kanahooka Unit: Median price $510,000, Annual capital growth 7.77%, Number of sales 15, Weekly median advertised rent $460

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Kanahooka, 2530 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 16.19%.

Taking the average capital gain, or increase in median house value, Kanahooka,2530 has racked up an average of 16.19% over the period. This ranks it number 174th in the whole country for real estate investors looking at median house price increases.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Kanahooka itself are offering an average vendor discount of -3.82% to real estate investors.

On average over the past year, suburb has had 8.83 sales per month, which equates to 106 per year.

Over the last year, property investments in Kanahooka, 2530 have given investors a capital gain of 7.37%. This compares averagely with the 8.63% for NSW as a whole.

Property investors looking for a bargain in Kanahooka should be aiming for at least -5.38% off the asking price, which is the average vendor discount being achieved at the moment.

Kanahooka, 2530’s gross rental yield is 4.69%

Metrics i HOUSE UNIT
$610,000 $510,000
2.52% N/A
16.19% 7.37%
6.98% 7.77%
$495 $460
106 15
4.22% 4.69%
33.84 57.3

Source: CoreLogic

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