Kurrajong

POSTAL CODE: NSW, 2758

HOUSE

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

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,220,000.

The downward trend in home prices in KURRAJONG, 2758 averaged -4.08% per annum over a 3-year period.

Average weekly rents on listings have reached the $700 mark, reflecting a 2.98% increase in returns based on the current median price in KURRAJONG.

An average of 2.58 real estate transactions take place per month in KURRAJONG which translates to 31 per annum.

31 properties were sold in KURRAJONG in 2016, making it the 531st most active market in NSW based on total real estate transactions.

KURRAJONG, 2758 places 615th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,220,000	N/A
Growth Report
Median Quarterly	-17.57%	N/A
Median 12 month	-18.12%	N/A
Median 3 years	-12.23%	N/A
Median 5 years	13.75%	N/A
10 years average annual	5.34%	N/A
Weekly media advert. rent	$700	N/A
Time on Market	89.3 days	N/A
Gross Rental Yield Percent	2.98%	N/A

Demographics (Median Values)*

Total Population 8715

Weekly Household Income 2032

Household Size 3.00

Average Age 43

Monthly Loan Repayment 2200

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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