Suburb Profile Report for Kiama NSW (2533)

Kiama House: Median price $855,000, Annual capital growth 5.24%, Number of sales 126, Weekly median advertised rent $570

Kiama Unit: Median price $655,000, Annual capital growth 6.56%, Number of sales 63, Weekly median advertised rent $480

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

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

  • Expert Report
  • House Report
  • Unit Report

Investment property in Kiama has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.18%

If we look at median property appreciation over just the last three months, Kiama has given property investors a paper return of 0.59%. This puts Suburb as 790 on a list of fastest fasting appreciating suburbs in NSW

The most recent median price for Kiama is $855000, with sellers offering an average of -4.43% off the asking price.

Often selling an investment property can take time, and in Kiama the average time real estate has been on the market is 72.4186 days.

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

Kiama, 2533 ranked 97th in NSW when comparing growth in median property values or capital gain over the last 12 months. Kiama is one of 3163 in our list for NSW

Over the longer term, Kiama has seen property prices show investors a 1.55% return over the last 3 years. This is an improvement over the last 12 months

Kiama, 2533 is offering NSW ‘s 198th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.

Often selling an investment property can take time, and in Kiama the average time real estate has been on the market is 81.1087 days.

Renters in Suburb are facing rents around $24960 per annum or $480 every week.

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
$855,000 $655,000
0.59% 5.14%
1.18% 7.38%
5.24% 6.56%
$570 $480
126 63
3.47% 3.81%
72.4186046511628 81.1086956521739

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

DSR Score for property investment : Above average (H), Above average (U)
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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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