Suburb Profile Report for Kogarah NSW (2217)

Kogarah House: Median price $1,075,000, Annual capital growth 7.01%, Number of sales 40, Weekly median advertised rent $650

Kogarah Unit: Median price $607,500, Annual capital growth 5.68%, Number of sales 134, Weekly median advertised rent $490

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Kogarah, 2217 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -17.47%

Kogarah,2217 was ranked 2327 in Australia by increase in median property value over the quarter.

Kogarah2217 is located in NSW which offers an average discount of -7.38% to property investors. Kogarah itself is showing figures that indicate -7.69% is the average achievable by property buyers investing in the suburb.

In the last year 40 properties changed hands in Kogarah, which puts it as the 642th most active market in NSW when comparing the number of sales per suburb.

Situated 13.02km from the CBD, Kogarah is one of Rockdale (C) localities in the postcode 2217.

With a capital gain of -9.33% for the last 12 months, Kogarah, 2217 has performed for property investments than its average annual 5.68% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kogarah has increased when compared to the 5 year average annual rate.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kogarah, 2217. Typically our figures indicate that -7.92% is being offered, which puts this NSW suburb at 251th most discounted overall in Australia.

Often selling an investment property can take time, and in Kogarah the average time real estate has been on the market is 66.934 days.

Property investors should expect to get $490 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$1,075,000 $607,500
-0.69% -2.02%
-17.47% -9.33%
7.01% 5.68%
$650 $490
40 134
3.14% 4.19%
86.9047619047619 66.933962264151

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 12763
Median household income ($/weekly) 1238
Median age of persons 33
Median housing loan repayment ($/monthly) 2032
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1233 9.7
    25-34 years 2998 23.5
    35-44 years 1978 15.5
    45-54 years 1507 11.8
    55-64 years 1060 8.3
    Others 3988 31.2
    Age Group
    Census Count Percent(%)
    Registered Married 4925 50.7
    Not Married 4221 43.4
    Defacto Relationship 571 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4700 39.7
    Croatia 1528 12.9
    Indonesia 465 3.9
    Philippines 386 3.3
    Other 2282 19.3
    Others 2485 21.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 710 6.1
    Christianity 6159 53.0
    Hinduism 1266 10.9
    Islam 1031 8.9
    No Religion 2322 20.0
    Others 124 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 400 9.5
    $600-$799 403 9.6
    $1,000-$1,249 405 9.6
    $1,250-$1,499 388 9.2
    $1,500-$1,999 590 14.1
    Others 2013 47.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4011 40.6
    Not in the labour force 3080 31.2
    Employed, worked part-time 1959 19.8
    Unemployed, looking for work 464 4.7
    Employed, away from work 368 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1573 24.8
    Technicians & trades workers 770 12.1
    Community & personal service workers 697 11.0
    Clerical & administrative workers 971 15.3
    Labourers 714 11.3
    Others 1616 25.5
    Occupation
    Census Count Percent(%)
    Infants/Primary 773 25.0
    Secondary 598 19.3
    Technical or Further Educational Institution 478 15.4
    University or other Tertiary Institutions 924 29.8
    Other type of educational institution 172 5.6
    Others 152 4.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 6934 58.6
    Separate house 4066 34.3
    Semi-detached, row or terrace house, townhouse 784 6.6
    House or flat attached to a shop, office 53 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1908 42.3
    Being purchased 1366 30.3
    Fully owned 1214 26.9
    Other tenure type 19 0.4
    Tenure Type
Census 2011, ABS
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