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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 $641,000.

The upward trend in home prices in KARIONG, 2250 averaged 1.13% per annum over a 3-year period.

Average weekly rents on listings have reached the $500 mark, reflecting a 4.06% increase in returns based on the current median price in KARIONG.

An average of 5.58 real estate transactions take place per month in KARIONG which translates to 67 per annum.

67 properties were sold in KARIONG in 2016, making it the 202nd most active market in NSW based on total real estate transactions.

KARIONG, 2250 places 863rd 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 $641,000 N/A
GROWTH REPORT
Median Quarterly -1.38% N/A
Median 12 month -5.46% N/A
Median 3 years 3.39% N/A
Median 5 years 40.88% N/A
10 years average annual 6.05% N/A
Weekly media advert. rent $500 N/A
Time on Market 61.0 days N/A
Gross Rental Yield Percent 4.06% N/A
demographics (median values)
Total Population
6112
Weekly Household Income
1186
Household Size
3.10
demographics
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