Suburb Profile Report for Katoomba NSW (2780)

Katoomba House: Median price $581,000, Annual capital growth 6.71%, Number of sales 174, Weekly median advertised rent $420

Katoomba Unit: Median price $407,000, Annual capital growth 5.96%, Number of sales 12, Weekly median advertised rent $340

  • 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
  • Unit Report

If you compare the increase in value of investment property in Katoomba, 2780 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was -0.68%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Katoomba has increased when compared to the 5 year average annual rate.

Katoomba, 2780 is offering NSW ‘s 471th 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.

Katoomba, 2780 ranked 234th in NSW when comparing growth in median property values or capital gain over the last 12 months. Katoomba is one of 3163 in our list for NSW

Katoomba,2780 has offered an average of -1.33% return per annum in house price rises to property investors over the last three years.

Using the current median advertised rental of $340 and the average annual increase in value of a median property of 5.96%, investors should hope to achieve an overall return of 4.34%

Metrics i HOUSE UNIT
$581,000 $407,000
-1.53% 0.99%
-0.68% -1.33%
6.71% 5.96%
$420 $340
174 12
3.76% 4.34%
94.2238805970149 122

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 : Above average (H), Above average (U)
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Demographics
Total population 8016
Median household income ($/weekly) 806
Median age of persons 43
Median housing loan repayment ($/monthly) 1521
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 936 11.7
    25-34 years 798 10.0
    35-44 years 1178 14.7
    45-54 years 1260 15.7
    55-64 years 1303 16.3
    Others 2540 31.7
    Age Group
    Census Count Percent(%)
    Not Married 2944 52.7
    Registered Married 1953 35.0
    Defacto Relationship 686 12.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 5769 79.8
    Greece 75 1.0
    Papua New Guinea 164 2.3
    United Kingdom 532 7.4
    Other 221 3.1
    Others 471 6.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 262 3.8
    Christianity 3626 53.2
    Islam 29 0.4
    Other Religious Groups 109 1.6
    No Religion 2718 39.9
    Others 67 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 349 11.5
    $400-$599 454 15.0
    $600-$799 398 13.2
    $800-$999 315 10.4
    $1,500-$1,999 294 9.7
    Others 1213 40.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2446 40.6
    Employed, worked full-time 1726 28.6
    Employed, worked part-time 1363 22.6
    Unemployed, looking for work 292 4.8
    Employed, away from work 205 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 859 26.0
    Technicians & trades workers 435 13.2
    Community & personal service workers 505 15.3
    Clerical & administrative workers 354 10.7
    Labourers 326 9.9
    Others 820 24.9
    Occupation
    Census Count Percent(%)
    Pre-school 132 7.8
    Infants/Primary 558 32.8
    Secondary 429 25.2
    Technical or Further Educational Institution 274 16.1
    University or other Tertiary Institutions 239 14.1
    Others 68 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6218 89.0
    Flat, unit or apartment 403 5.8
    Semi-detached, row or terrace house, townhouse 342 4.9
    House or flat attached to a shop, office 12 0.2
    Caravan, cabin, houseboat 8 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1158 35.8
    Being purchased 1053 32.5
    Fully owned 1004 31.0
    Other tenure type 21 0.6
    Tenure Type
Census 2011, ABS
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