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Kotara
AREA REPORTS

Kotara

Kotara - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2289

house

A steady increase in median property prices over a five-year period in the suburb translates to a 14.44% 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 $721,000

The augmented property values in the suburb are trailing above the territorial average of 9.13% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $555.

Home owners selling their properties and realtors in KOTARA usually have to wait an average of 39.6 days days before their assets are lifted off the market.

The NSW suburb ranks 332nd on the list of best yielding suburbs for rental properties in NSW, posting a 4% return.

It also places places 108th 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 $721,000 N/A
GROWTH REPORT
Median Quarterly 11.78% N/A
Median 12 month 17.24% N/A
Median 3 years 14.44% N/A
Median 5 years 46.77% N/A
10 years average annual 7.22% N/A
Weekly media advert. rent $555 N/A
Time on Market 39.6 days N/A
Gross Rental Yield Percent 4% N/A
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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