Suburb Profile Report for Katoomba NSW (2780)

Katoomba House: Median price $584,650, Annual capital growth 6.86%, Number of sales 225, Weekly median advertised rent $410

Katoomba Unit: Median price $397,500, Annual capital growth 5.34%, Number of sales 21, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 21.36% for the last 12 months, Katoomba, 2780 has performed for property investments than its average annual 6.86% property growth over the last 5 years.

While Katoomba,2780 ranked number 110th in NSW for increase in median house value (annualised) increase, it is ranked 314th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Katoomba is offering property investors an average of -5.28. This rate of discount on properties puts Suburb at number 565th in terms of most discounted suburbs in NSW

Situated 84.91km from the CBD, Katoomba is one of Blue Mountains localities in the postcode 2780.

At number 295th in the list of Australian suburbs ordered by increase in median house value over the last year, Katoomba, 2780 is in the top 20% with a property value increase of 14.39% recorded in median house prices.

If we look at median property appreciation over just the last three months, Katoomba has given property investors a paper return of 2.45%. This puts Suburb as 237 on a list of fastest fasting appreciating suburbs in NSW

At number 271th of NSW’s most discounted properties, Katoomba is in the middle of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Katoomba the average time real estate has been on the market is 60.07 days.

A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.58%, without taking into account capital value appreciation, which has been averaging out at 5.34%.

Metrics i HOUSE UNIT
$584,650 $397,500
10.31% 2.45%
21.36% 14.39%
6.86% 5.34%
$410 $350
225 21
3.65% 4.58%
62.18 60.07

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 8016
Median household income ($/weekly) 806
Median age of persons 43
Median housing loan repayment ($/monthly) 1521
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 936 11.7
    25-34 years 798 10.0
    35-44 years 1178 14.7
    45-54 years 1260 15.7
    55-64 years 1303 16.3
    Others 2540 31.7
    Age Group
    Census Count Percent(%)
    Not Married 2944 52.7
    Registered Married 1953 35.0
    Defacto Relationship 686 12.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 5769 79.8
    Greece 75 1.0
    Papua New Guinea 164 2.3
    United Kingdom 532 7.4
    Other 221 3.1
    Others 471 6.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 262 3.8
    Christianity 3626 53.2
    Islam 29 0.4
    Other Religious Groups 109 1.6
    No Religion 2718 39.9
    Others 67 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 349 11.5
    $400-$599 454 15.0
    $600-$799 398 13.2
    $800-$999 315 10.4
    $1,500-$1,999 294 9.7
    Others 1213 40.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2446 40.6
    Employed, worked full-time 1726 28.6
    Employed, worked part-time 1363 22.6
    Unemployed, looking for work 292 4.8
    Employed, away from work 205 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 859 26.0
    Technicians & trades workers 435 13.2
    Community & personal service workers 505 15.3
    Clerical & administrative workers 354 10.7
    Labourers 326 9.9
    Others 820 24.9
    Occupation
    Census Count Percent(%)
    Pre-school 132 7.8
    Infants/Primary 558 32.8
    Secondary 429 25.2
    Technical or Further Educational Institution 274 16.1
    University or other Tertiary Institutions 239 14.1
    Others 68 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6218 89.0
    Flat, unit or apartment 403 5.8
    Semi-detached, row or terrace house, townhouse 342 4.9
    House or flat attached to a shop, office 12 0.2
    Caravan, cabin, houseboat 8 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1158 35.8
    Being purchased 1053 32.5
    Fully owned 1004 31.0
    Other tenure type 21 0.6
    Tenure Type
Census 2011, ABS
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