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Koolewong
AREA REPORTS

Koolewong

Koolewong - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2256

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Property investors have seen a 13.8% gain in KOOLEWONG based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on KOOLEWONG, 2256 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 48.46%.

Based on its average 5-year and quarterly capital gains KOOLEWONG, 2256 saw average growth in the long term.

The NSW suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $965,000

Profits averaged 4.04% per annum over a 3-year period, due to an upward trend in home prices in KOOLEWONG, 2256.

This means, real estate investors could earn a rental income of $700 based on current median home prices for the suburb.

The gross rental yield in KOOLEWONG, 2256 is 3.77%.

An average of 2.25 real estate transactions take place per month in KOOLEWONG which translates to 27 per annum.

Data report can be found below

Koolewong
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $965,000 N/A
GROWTH REPORT
Median Quarterly 13.8% N/A
Median 12 month 48.46% N/A
Median 3 years 12.11% N/A
Median 5 years 37.37% N/A
10 years average annual 17.96% N/A
Weekly media advert. rent $700 N/A
Time on Market 59.6 days N/A
Gross Rental Yield Percent 3.77% N/A
demographics (median values)*
Total Population
15598
Weekly Household Income
1067
Household Size
2.20
Age
48
Monthly Loan Repayment
1733
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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