Suburb Profile Report for Katoomba NSW (2780)

Katoomba House: Median price $500,000, Annual capital growth 5.15%, Number of sales 220, Weekly median advertised rent $400

Katoomba Unit: Median price $366,000, Annual capital growth 5.08%, Number of sales 16, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

Katoomba has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.38% to date .

Comparing Katoomba,2780 ‘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 -5.49% offered to property buyers. Sellers in Katoomba itself are offering an average vendor discount of -4.62% to real estate investors.

Residents and property investors in Katoomba have been waiting around 58.78 days to sell a property.

With the median price for a house in Katoomba being $500000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 4.16%

Property investors who have had real estate in Katoomba, 2780 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 14.20%

Taking the average capital gain, or increase in median house value, Katoomba,2780 has racked up an average of 14.20% over the period. This ranks it number 267th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Katoomba is giving property investors an average Vendor Discount of around -3.37%. This puts suburb at number 348th in NSW when ranking the most discounted suburbs.

Situated 84.75km from the CBD, Katoomba is one of Blue Mountains localities in the postcode 2780.

HOUSE UNIT
$500,000 $366,000
3.09% -3.94%
6.38% 14.20%
5.15% 5.08%
$400 $340
220 16
4.16% 4.83%
58.78 39.1

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Katoomba NSW
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
Chart Table
Recent sales & rentals