Kirrawee, 2232 ranked 423th in NSW when comparing growth in median property values or capital gain over the last 12 months. Kirrawee is one of 3163 in our list for NSW
While Kirrawee,2232 ranked number 477th in NSW for increase in median house value (annualised) increase, it is ranked 263th over the last 5 years.
Kirrawee2232 is located in NSW which offers an average discount of -5.24% to property investors. Kirrawee itself is showing figures that indicate -2.58% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Kirrawee have been waiting around 30.77 days to sell a property.
Advertised rents are around the $690 mark per week – giving a return of 2.87% based on the median price in Suburb
NSW has seen average median house prices change by 8.39% which means that Kirrawee, 2232 has done well for property investors by showing a capital gain of 12.12% over the last year
Across a shorter period, Kirrawee, 2232 has seen a median price increase of 4.23% over the last quarter.
The most recent median price for Kirrawee is $740000, with sellers offering an average of -6.55% off the asking price.
Property investors should expect to get $460 weekly from the median priced house in this suburb.
The Sutherland Shire suburb of Kirrawee strikes a good balance between accessibility and the relaxed lifestyle of the Shire. Full summary
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The Sutherland Shire suburb of Kirrawee strikes a good balance between accessibility and the relaxed lifestyle of the Shire.
Access to the Sydney CBD and Wollongong is facilitated by direct trains and road connections via the Princes Highway, while the suburb is within easy reach of all the peninsula’s amenities.
Kirrawee itself has several schools, independent grocery stores and supermarkets, and a number of shops and restaurants around Oak Road North and the Old Princes Highway. It’s also within easy reach of the many nature reserves in the Shire, the Royal National Park and Gymea Bay for water leisure activities.
It’s one of the more affordable suburbs in the Shire, and residents are typically affluent families. Fifty-three per cent of residents are married, and the average weekly household income is higher than the NSW average. The majority of residents are employed, with a mix of white collar and blue collar workers, but there is also a small student population.
Kirrawee looks set to be a steady performer, perfect for the risk-averse investor. Buyers are best advised to stick to the south and west of the suburb, to take advantage of bush outlooks and to stay away from the commercial zones in north Kirrawee.