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Koongamia

POSTAL CODE: WA, 6056
HOUSE

Based on its average 5-year and quarterly capital gains KOONGAMIA, 6056 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that KOONGAMIA, 6056 obtained a 7.09% growth over a ten-year period. It ranks 1875th on our list of suburbs that property investors should look into.

KOONGAMIA, 6056 in WA belongs to the local government area of Swan.

KOONGAMIA, 6056 has a capital gain of 17.38% for the past year, which is lower than average compared to its 132.59% growth within a five-year period.

With the median home price in KOONGAMIA sitting at $628,000, and the average rent at $600, property owners could potentially earn a 4.97% increase in gross rental yield.

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

Surburb overview

Koongamia is a suburb in the City of Swan, approximately 18 kilometres east of Perth's central business district. It offers a blend of suburban living with proximity to natural attractions, making it a unique residential area in the Perth metropolitan region.

As of the 2016 Australian Census, Koongamia had a population of 978, reflecting a 2.3% decrease from 1,001 in 2011. The predominant age group is 20-29 years, with households primarily composed of childless couples. A significant portion of residents are engaged in trades occupations. In 2016, 60.8% of homes were owner-occupied, a slight decline from 63.6% in 2011. 

The median house price in Koongamia is approximately $530,000, with a median rent of $500 per week. Houses typically spend an average of 7 days on the market, indicating strong demand in the area. 

Koongamia is accessible via major roads such as the Great Eastern Highway, which connects residents to Perth and surrounding regions. Public transportation options include bus services that link to Midland Station, a significant transport hub offering further connections to the greater Perth area.

Clayton View Primary School serves the suburb, catering to the educational needs of younger residents. Additional amenities, including shopping centres and healthcare facilities, are accessible near Midland.

Koongamia's proximity to Greenmount National Park offers residents hiking, picnicking, and wildlife observation opportunities. The suburb's location allows easy access to the Swan Valley, renowned for its wineries, breweries, and gourmet food experiences.

Residents describe Koongamia as a suburb with a country feel and large blocks, offering a peaceful environment close to essential services. The area is noted for its proximity to shops, schools, the airport, and parks, making it convenient for various lifestyles. 

Koongamia provides a blend of suburban and semi-rural living, with access to essential services, educational institutions, and recreational activities, making it a distinctive suburb within the Perth metropolitan area. 

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