Suburb Profile Report for Kiama NSW (2533)

Kiama House: Median price $830,000, Annual capital growth 6.54%, Number of sales 110, Weekly median advertised rent $600

Kiama Unit: Median price $637,750, Annual capital growth 6.75%, Number of sales 59, Weekly median advertised rent $485

  • 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.

  • Expert Report
  • House Report
  • Unit Report

Property value increases in Kiama have tracked lower than the NSW average of -4.21% over the last 12 months.

Over the longer term, Kiama has seen property prices show investors a 1.84% return over the last 3 years. This is worse than over the last 12 months

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.38% offered to property buyers. Sellers in Kiama itself are offering an average vendor discount of -5.71% to real estate investors.

The NSW suburb of Kiama, 2533 is in the Kiama (A) local government area.

With a capital gain of 2.86% for the last 12 months, Kiama, 2533 has performed for property investments than its average annual 6.75% property growth over the last 5 years.

Across a shorter period, Kiama, 2533 has seen a median price increase of 3.20% over the last quarter.

Property investors looking for a bargain in Kiama should be aiming for at least -4.08% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Kiama have been waiting around 79.9744 days to sell a property.

Property investors should expect to get $485 weekly from the median priced house in this suburb.

Information supplied by:


September 2017

M
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W
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Tourist spot attracts long-term demand

Postcode: 2533

Median unit price: $571,000

Three-year growth: 32.8%

Rental yield: 4.2%

South of Sydney in the Illawarra region, the suburb of Kiama is one of the most popular surf spots in the area. The Kiama Blowhole attracts hundreds of thousands of visitors and day trippers.

Many are choosing to make Kiama a home lately – with the advent of apartment living, units have steadily been getting attention as values skyrocketed by 13.5% in the past 12 months leading up to July 2017. Given the strong average rental yield of 4.2%, such properties are certain to capture the interest of enterprising investors.

Kiama is close to several beaches, as well as to the foothills of Saddleback Mountain. Walking tracks maximise the natural attractions of the area. Terralong Street is lined with shops, restaurants, art galleries and cafes. The local railway station allows for easy commuting. 

Metrics i HOUSE UNIT
$830,000 $637,750
0.91% 3.20%
-15.00% 2.86%
6.54% 6.75%
$600 $485
110 59
3.76% 3.93%
82.6027397260274 79.974358974359

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), Above average (U)
Find a mortgage broker in Kiama NSW
Demographics
Total population 6272
Median household income ($/weekly) 1007
Median age of persons 48
Median housing loan repayment ($/monthly) 2080
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 688 11.0
    35-44 years 706 11.3
    45-54 years 905 14.4
    55-64 years 916 14.6
    65-74 years 793 12.6
    Others 2264 36.1
    Age Group
    Census Count Percent(%)
    Registered Married 2646 54.8
    Not Married 1813 37.5
    Defacto Relationship 371 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 4995 82.5
    Greece 39 0.6
    Papua New Guinea 95 1.6
    United Kingdom 542 9.0
    Other 100 1.7
    Others 284 4.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 74 1.3
    Christianity 4497 76.8
    Hinduism 5 0.1
    Other Religious Groups 36 0.6
    No Religion 1241 21.2
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 195 8.4
    $400-$599 299 12.8
    $600-$799 270 11.6
    $800-$999 264 11.3
    $1,500-$1,999 267 11.4
    Others 1037 44.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2290 44.7
    Employed, worked full-time 1547 30.2
    Employed, worked part-time 955 18.6
    Employed, away from work 186 3.6
    Unemployed, looking for work 148 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 388 14.4
    Professionals 671 24.9
    Technicians & trades workers 400 14.9
    Community & personal service workers 289 10.7
    Clerical & administrative workers 353 13.1
    Others 591 22.0
    Occupation
    Census Count Percent(%)
    Pre-school 107 8.5
    Infants/Primary 422 33.4
    Secondary 399 31.6
    Technical or Further Educational Institution 115 9.1
    University or other Tertiary Institutions 187 14.8
    Others 32 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4150 70.7
    Semi-detached, row or terrace house, townhouse 950 16.2
    Flat, unit or apartment 697 11.9
    House or flat attached to a shop, office 63 1.1
    Caravan, cabin, houseboat 14 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1123 44.8
    Rented 667 26.6
    Being purchased 646 25.8
    Other tenure type 72 2.9
    Tenure Type
Census 2011, ABS
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