Suburb Profile Report for Kooringal NSW (2650)

Kooringal House: Median price $305,000, Annual capital growth 2.84%, Number of sales 148, Weekly median advertised rent $330

Kooringal Unit: Median price $199,000, Annual capital growth 6.18%, Number of sales 18, Weekly median advertised rent $225

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Kooringal has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.00%

When looking at the potential capital gains offered to property investors over the last 3 years, Kooringal comes in at number 1203th in NSW.

Kooringal2650 is located in NSW which offers an average discount of -5.49% to property investors. Kooringal itself is showing figures that indicate -5.83% is the average achievable by property buyers investing in the suburb.

With the median price for a house in Kooringal being $305000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 5.63%

NSW has seen average median house prices change by 5.41% which means that Kooringal, 2650 has done well for property investors by showing a capital gain of 6.56% over the last year

Taking the average capital gain, or increase in median house value, Kooringal,2650 has racked up an average of 6.56% over the period. This ranks it number 1168th in the whole country for real estate investors looking at median house price increases.

HOUSE UNIT
$305,000 $199,000
-0.41% -2.45%
0.00% 6.56%
2.84% 6.18%
$330 $225
148 18
5.63% 5.88%
93.83 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 7308
Median household income ($/weekly) 1021
Median age of persons 37
Median housing loan repayment ($/monthly) 1500
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 951 13.0
    25-34 years 912 12.5
    35-44 years 897 12.3
    45-54 years 909 12.4
    55-64 years 899 12.3
    Others 2740 37.5
    Age Group
    Census Count Percent(%)
    Registered Married 2568 47.5
    Not Married 2344 43.3
    Defacto Relationship 496 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 6324 90.3
    Croatia 91 1.3
    Papua New Guinea 54 0.8
    United Kingdom 124 1.8
    Other 148 2.1
    Others 264 3.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 38 0.6
    Christianity 5503 80.1
    Hinduism 34 0.5
    Islam 38 0.6
    No Religion 1243 18.1
    Others 17 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 336 12.8
    $600-$799 299 11.4
    $800-$999 273 10.4
    $1,000-$1,249 257 9.8
    $1,500-$1,999 319 12.2
    Others 1139 43.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2244 39.8
    Not in the labour force 1939 34.3
    Employed, worked part-time 1057 18.7
    Employed, away from work 223 4.0
    Unemployed, looking for work 182 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 670 19.0
    Technicians & trades workers 549 15.6
    Clerical & administrative workers 489 13.9
    Sales 398 11.3
    Labourers 440 12.5
    Others 979 27.8
    Occupation
    Census Count Percent(%)
    Pre-school 122 6.5
    Infants/Primary 627 33.4
    Secondary 458 24.4
    Technical or Further Educational Institution 337 17.9
    University or other Tertiary Institutions 296 15.8
    Others 38 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6205 89.0
    Flat, unit or apartment 640 9.2
    Semi-detached, row or terrace house, townhouse 126 1.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1044 36.6
    Fully owned 910 31.9
    Being purchased 891 31.2
    Other tenure type 9 0.3
    Tenure Type
Census 2011, ABS
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