Suburb Profile Report for Koonawarra NSW (2530)

Koonawarra House: Median price $452,500, Annual capital growth 6.05%, Number of sales 43, Weekly median advertised rent $430

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

With a capital gain of -12.14% for the last 12 months, Koonawarra, 2530 has performed for property investments than its average annual 6.05% 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 Koonawarra has increased when compared to the 5 year average annual rate.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.70% offered to property buyers. Sellers in Koonawarra itself are offering an average vendor discount of -8.54% to real estate investors.

Koonawarra is 185th on a list of best yielding suburbs for rents in NSW with a 4.94% return

Metrics i HOUSE UNIT
$452,500 N/A
3.43% N/A
-12.14% N/A
6.05% N/A
$430 N/A
43 N/A
4.94% N/A
60.5806451612903 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 3633
Median household income ($/weekly) 845
Median age of persons 35
Median housing loan repayment ($/monthly) 1517
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 572 15.7
    25-34 years 443 12.2
    35-44 years 480 13.2
    45-54 years 478 13.2
    55-64 years 414 11.4
    Others 1246 34.3
    Age Group
    Census Count Percent(%)
    Not Married 1227 46.9
    Registered Married 1172 44.8
    Defacto Relationship 216 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2771 81.0
    Greece 25 0.7
    Papua New Guinea 28 0.8
    United Kingdom 362 10.6
    Other 90 2.6
    Others 147 4.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 18 0.5
    Christianity 2480 74.1
    Islam 17 0.5
    Other Religious Groups 18 0.5
    No Religion 802 24.0
    Others 11 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 108 9.6
    $400-$599 176 15.6
    $600-$799 158 14.0
    $800-$999 116 10.3
    $1,500-$1,999 140 12.4
    Others 431 38.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1243 46.6
    Employed, worked full-time 730 27.4
    Employed, worked part-time 429 16.1
    Unemployed, looking for work 161 6.0
    Employed, away from work 106 4.0
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 216 17.0
    Community & personal service workers 173 13.6
    Clerical & administrative workers 149 11.7
    Machinery operators & drivers 166 13.1
    Labourers 223 17.6
    Others 342 27.0
    Occupation
    Census Count Percent(%)
    Pre-school 91 10.2
    Infants/Primary 325 36.4
    Secondary 304 34.0
    Technical or Further Educational Institution 90 10.1
    University or other Tertiary Institutions 59 6.6
    Others 24 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3383 96.7
    Semi-detached, row or terrace house, townhouse 85 2.4
    Flat, unit or apartment 30 0.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 494 39.8
    Being purchased 410 33.0
    Fully owned 335 27.0
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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