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Kotara
AREA REPORTS

Kotara

Kotara - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2289

house
unit

A 8.13% increase in median property prices in KOTARA, 2289 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 60th.

A steady increase in median property prices over a five-year period in the suburb translates to a 9.02% capital gain.

It 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 $665,000

The augmented property values in the suburb are trailing behind the territorial average of 12.41% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $527.5.

Home owners selling their properties and realtors in KOTARA usually have to wait an average of 29.8 days days before their assets are lifted off the market.

The NSW suburb ranks 334th on the list of best yielding suburbs for rental properties in NSW, posting a 4.12% return.

It also places places 70th in Australia based on median property value growth during the quarter.

Data report can be found below

Kotara
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $665,000 $595,000
GROWTH REPORT
Median Quarterly 2.15% -3.25%
Median 12 month 8.13% -7.75%
Median 3 years 9.02% -4.42%
Median 5 years 27.88% N/A
10 years average annual 5.65% 11.83%
Weekly media advert. rent $527.5 $495
Time on Market 29.8 days 0.0 days
Gross Rental Yield Percent 4.12% 4.33%
demographics (median values)*
Total Population
19117
Weekly Household Income
1605
Household Size
2.60
Age
39
Monthly Loan Repayment
1950
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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