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AREA REPORTS

Kooringal

Suburb Profile

Kooringal - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2650

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 11.27% capital gain.

Property investors in KOORINGAL enjoyed capital gains of 6.65% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $353,000.

Profits due to an upward trend in home prices there averaged 3.76% per annum over a 3-year period.

Home owners selling their properties and realtors in KOORINGAL usually have to wait an average of 104.7 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $330 mark, reflecting a 4.86% increase in returns based on the current median price in KOORINGAL.

KOORINGAL, 2650 places 367th 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 $353,000 $253,000
GROWTH REPORT
Median Quarterly 4.44% 0%
Median 12 month 6.65% 11.21%
Median 3 years 11.27% 7.66%
Median 5 years 20.89% 43.75%
10 years average annual 2.82% 4.62%
Weekly media advert. rent $330 $240
Time on Market 104.7 days 111.6 days
Gross Rental Yield Percent 4.86% 4.93%
demographics (median values)
Total Population
7420
Weekly Household Income
932.4
Household Size
2.40
demographics
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