Suburb Profile Report for Kooringal NSW (2650)

Kooringal House: Median price $321,000, Annual capital growth 3.01%, Number of sales 140, Weekly median advertised rent $330

Kooringal Unit: Median price $166,500, Annual capital growth 3.02%, Number of sales 15, Weekly median advertised rent $225

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

Source: CoreLogic

  • House Report
  • Unit Report

Kooringal, 2650 ranked 1095th in NSW when comparing growth in median property values or capital gain over the last 12 months. Kooringal is one of 3163 in our list for NSW

A 19.78% growth in median value for property investors in Kooringal,2650 puts this suburb at number 720th in terms of best performing suburbs in NSW

Kooringal, 2650 is offering NSW ‘s 460th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this NSW.

A $330 per week rent on the median house gives suburb investors a gross yield of circa 5.35%, without taking into account capital value appreciation, which has been averaging out at 3.01%.

Kooringal is in the bottom 10% in NSW when comparing median price capital growth over the last year. Kooringal gave property investors a dismal capital gain figure when compared to the rest of the state, with -18.38%.

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

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.13% offered to property buyers. Sellers in Kooringal itself are offering an average vendor discount of -5.66% to real estate investors.

Often selling an investment property can take time, and in Kooringal the average time real estate has been on the market is 97.25 days.

Renters in Suburb are facing rents around $2700 per annum or $225 every week.

Metrics i HOUSE UNIT
$321,000 $166,500
1.90% -10.00%
3.88% -18.38%
3.01% 3.02%
$330 $225
140 15
5.35% 7.03%
94.41 97.25

Source: CoreLogic

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