Suburb Profile Report for Koonawarra NSW (2530)

Koonawarra House: Median price $433,500, Annual capital growth 6.34%, Number of sales 66, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report

Property value increases in Koonawarra have tracked higher than the NSW average of 7.15% over the last 12 months.

Across a shorter period, Koonawarra, 2530 has seen a median price increase of 2.00% over the last quarter.

Our latest figures would indicate that property sellers in Koonawarra are currently offering property investors an average price cut of -2.71% below the asking price at the moment.

A $410 per week rent on the median house gives suburb investors a gross yield of circa 4.92%, without taking into account capital value appreciation, which has been averaging out at 6.34%.

HOUSE UNIT
$433,500 N/A
2.00% N/A
16.44% N/A
6.34% N/A
$410 N/A
66 N/A
4.92% N/A
30.3 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 3633
Median household income ($/weekly) 845
Median age of persons 35
Median housing loan repayment ($/monthly) 1517
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 572 15.7
    25-34 years 443 12.2
    35-44 years 480 13.2
    45-54 years 478 13.2
    55-64 years 414 11.4
    Others 1246 34.3
    Age Group
    Census Count Percent(%)
    Not Married 1227 46.9
    Registered Married 1172 44.8
    Defacto Relationship 216 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2771 81.0
    Greece 25 0.7
    Papua New Guinea 28 0.8
    United Kingdom 362 10.6
    Other 90 2.6
    Others 147 4.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 18 0.5
    Christianity 2480 74.1
    Islam 17 0.5
    Other Religious Groups 18 0.5
    No Religion 802 24.0
    Others 11 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 108 9.6
    $400-$599 176 15.6
    $600-$799 158 14.0
    $800-$999 116 10.3
    $1,500-$1,999 140 12.4
    Others 431 38.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1243 46.6
    Employed, worked full-time 730 27.4
    Employed, worked part-time 429 16.1
    Unemployed, looking for work 161 6.0
    Employed, away from work 106 4.0
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 216 17.0
    Community & personal service workers 173 13.6
    Clerical & administrative workers 149 11.7
    Machinery operators & drivers 166 13.1
    Labourers 223 17.6
    Others 342 27.0
    Occupation
    Census Count Percent(%)
    Pre-school 91 10.2
    Infants/Primary 325 36.4
    Secondary 304 34.0
    Technical or Further Educational Institution 90 10.1
    University or other Tertiary Institutions 59 6.6
    Others 24 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3383 96.7
    Semi-detached, row or terrace house, townhouse 85 2.4
    Flat, unit or apartment 30 0.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 494 39.8
    Being purchased 410 33.0
    Fully owned 335 27.0
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals