Suburb Profile Report for Kooringal NSW (2650)

Kooringal House: Median price $326,750, Annual capital growth 3.33%, Number of sales 135, Weekly median advertised rent $330

Kooringal Unit: Median price $185,000, Annual capital growth 4.91%, Number of sales 17, Weekly median advertised rent $225

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Kooringal, 2650 have given investors a capital gain of 10.76%. This compares averagely with the 10.13% for NSW as a whole.

Comparing Kooringal,2650 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Kooringal are currently offering property investors an average price cut of -5.14% below the asking price at the moment.

Kooringal has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -19.57% to date .

Kooringal,2650 was ranked 1303 in Australia by increase in median property value over the quarter.

Vendor discounting in Kooringal is giving property investors an average Vendor Discount of around -5.73%. This puts suburb at number 61th in NSW when ranking the most discounted suburbs.

Property investors should expect to get $225 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$326,750 $185,000
4.14% -1.33%
10.76% -19.57%
3.33% 4.91%
$330 $225
135 17
5.25% 6.32%
97.58 86.5

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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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