Powered by MOMENTUM MEDIA
smart property investment logo
Kooringal
AREA REPORTS

Kooringal

Kooringal - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2650

house
unit

Homeowners and real estate investors betting on KOORINGAL, 2650 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 18.31%.

A steady increase in median property prices over a five-year period in the suburb translates to a 29.83% capital gain.

Property investors in KOORINGAL enjoyed capital gains of 18.31% 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 $420,000.

Profits due to an upward trend in home prices there averaged 9.94% per annum over a 3-year period.

Home owners selling their properties and realtors in KOORINGAL usually have to wait an average of 49.1 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $380 mark, reflecting a 4.7% increase in returns based on the current median price in KOORINGAL.

KOORINGAL, 2650 places 263rd in Australia based on median property value growth during the quarter.

Data report can be found below

Kooringal
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $420,000 $203,000
GROWTH REPORT
Median Quarterly 10.53% 0%
Median 12 month 18.31% -14.85%
Median 3 years 29.83% 28.08%
Median 5 years 39.07% 8.27%
10 years average annual 4.3% 2.59%
Weekly media advert. rent $380 $250
Time on Market 49.1 days 95.9 days
Gross Rental Yield Percent 4.7% 6.4%
demographics (median values)*
Total Population
56974
Weekly Household Income
1349
Household Size
2.50
Age
36
Monthly Loan Repayment
1521
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.