Suburb Profile Report for Koonawarra NSW (2530)

Koonawarra House: Median price $445,000, Annual capital growth 6.60%, Number of sales 52, Weekly median advertised rent $410

Koonawarra Unit: Median price $474,500, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 422th in the list of Australian suburbs ordered by increase in median house value over the last year, Koonawarra, 2530 is in the top 20% with a property value increase of 16.19% recorded in median house prices.

A 61.82% growth in median value for property investors in Koonawarra,2530 puts this suburb at number 618th in terms of best performing suburbs in NSW

Koonawarra2530 is located in NSW which offers an average discount of -5.49% to property investors. Koonawarra itself is showing figures that indicate -2.74% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Koonawarra have been waiting around 28.25 days to sell a property.

Using the current median advertised rental of $410 and the average annual increase in value of a median property of 6.60%, investors should hope to achieve an overall return of 4.79%

Situated 16.06km from the CBD, Koonawarra is one of Wollongong localities in the postcode 2530.

HOUSE UNIT
$445,000 $474,500
2.65% N/A
16.19% N/A
6.60% N/A
$410 N/A
52 10
4.79% N/A
28.25 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Koonawarra NSW
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