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Kariong

Suburb Profile

Kariong - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2250

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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $655,000.

The downward trend in home prices in KARIONG, 2250 averaged -0.44% per annum over a 3-year period.

Average weekly rents on listings have reached the $440 mark, reflecting a 3.49% increase in returns based on the current median price in KARIONG.

An average of 6.58 real estate transactions take place per month in KARIONG which translates to 79 per annum.

79 properties were sold in KARIONG in 2016, making it the 102nd most active market in NSW based on total real estate transactions.

KARIONG, 2250 places 1027th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $655,000 N/A
GROWTH REPORT
Median Quarterly -2.24% N/A
Median 12 month -1.5% N/A
Median 3 years -1.32% N/A
Median 5 years 27.8% N/A
10 years average annual 5.85% N/A
Weekly media advert. rent $440 N/A
Time on Market 28.0 days N/A
Gross Rental Yield Percent 3.49% N/A
demographics (median values)
Total Population
6112
Weekly Household Income
1186
Household Size
3.10
demographics
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Top 10 Birth Countries
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Household Income
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