Suburb Profile Report for Kogarah NSW (2217)

Kogarah House: Median price $1,462,500, Annual capital growth 11.07%, Number of sales 69, Weekly median advertised rent $610

Kogarah Unit: Median price $680,000, Annual capital growth 8.33%, Number of sales 210, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report
  • Unit Report

Kogarah is in the TOP 20% in NSW when comparing median price capital growth over the last year. Kogarah gave property investors a very good capital gain figure when compared to the rest of the state, with 23.94%.

Kogarah,2217 has offered an average of 23.94% return per annum in house price rises to property investors over the last three years.

On average over the past year, suburb has had 5.75 sales per month, which equates to 69 per year.

Using the current median advertised rental of $610 and the average annual increase in value of a median property of 11.07%, investors should hope to achieve an overall return of 2.17%

Over the last year, property investments in Kogarah, 2217 have given investors a capital gain of 13.33%. This compares favourably with the 8.39% for NSW as a whole.

If we look at median property appreciation over just the last three months, Kogarah has given property investors a paper return of 2.26%. This puts Suburb as 191 on a list of fastest fasting appreciating suburbs in NSW

Property investors looking for a bargain in Kogarah should be aiming for at least -4.25% off the asking price, which is the average vendor discount being achieved at the moment.

Metrics i HOUSE UNIT
$1,462,500 $680,000
0.86% 2.26%
23.94% 13.33%
11.07% 8.33%
$610 $480
69 210
2.17% 3.67%
N/A 39.53

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (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
Chart Table
Recent sales & rentals