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Kiama
AREA REPORTS

Kiama

Kiama - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2533

house
unit

Property investments in KIAMA fare well against the rest of the country last year, registering a median home price increase of 29.41%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains KIAMA, 2533 saw average growth in the long term.

Real estate investors could earn a rental income of $580 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 70.6 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,100,000.

KIAMA ranks 854th on the list of best yielding suburbs for rental properties in NSW, posting a 2.74% return.

Data report can be found below

Kiama
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,100,000 $703,500
GROWTH REPORT
Median Quarterly 7.84% 3.46%
Median 12 month 29.41% 3.84%
Median 3 years 21.88% 8.4%
Median 5 years 39.24% 39.03%
10 years average annual 7.78% 6.75%
Weekly media advert. rent $580 $480
Time on Market 70.6 days 81.8 days
Gross Rental Yield Percent 2.74% 3.55%
demographics (median values)*
Total Population
15627
Weekly Household Income
1510
Household Size
2.50
Age
47
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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