Suburb Profile Report for Kanahooka NSW (2530)

Kanahooka House: Median price $550,000, Annual capital growth 5.72%, Number of sales 73, Weekly median advertised rent $450

Kanahooka Unit: Median price $490,000, Annual capital growth 8.22%, Number of sales 19, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 956th 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 10.22% recorded in median house prices.

While Kanahooka,2530 ranked number 287th in NSW for increase in median house value (annualised) increase, it is ranked 611th over the last 5 years.

Our latest figures would indicate that property sellers in Kanahooka are currently offering property investors an average price cut of -4.56% below the asking price at the moment.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 5.72%, investors should hope to achieve an overall return of 4.25%

Property value increases in Kanahooka have tracked higher than the NSW average of 5.59% over the last 12 months.

Over the longer term, Kanahooka has seen property prices show investors a 28.95% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -14.94% to buyers in Kanahooka at the moment, which is less than average for the rest of NSW.

Residents and property investors in Kanahooka have been waiting around 125.27 days to sell a property.

HOUSE UNIT
$550,000 $490,000
4.76% 3.16%
10.22% 14.22%
5.72% 8.22%
$450 $480
73 19
4.25% 5.09%
46.07 125.27

Source: CoreLogic

DSR Score for property investment : Very good (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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Recent sales & rentals