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Kotara South, NSW 2289

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Kotara South, NSW 2289 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Kotara South, NSW 2289”

  1. The total adult population (15 years or older) of Kotara South 2289 NSW is 955, with a median age of 37. Of those, 52.77% are married, 11.20% are divorced or separated, 31.52% are single and 4.61% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $10,488. The median monthly mortgage repayment for households in this suburb is $2,167 which is 20.66% of their earnings.

    Source: ABS Census Data (2021)

  2. Kotara South, bearing the postcode of 2289, is a residential suburb nestled in New South Wales and is home to approximately 494 households. As we venture into the third quarter of 2023, the regular price for houses in Kotara South settles at $895,203. The middle-of-the-road weekly rental price is pegged at $648, which equates to a suggestive yield of approximately 3.76%.

    The locality of Kotara South boasts an IRSAD score of 1049 out of 1217. This signifies a strong socio-economic standing within the community, denoted by healthy income levels and consistent access to economic resources. In terms of property ownership, the renter to owner ratio sits at a desirable 23%, maintaining a pleasing majority of owner-occupiers.

    Units, including apartments and flats, are relatively scarce, with the unit to housing ratio only accounting for a slight 1%. This results in a market heavily favoured by houses, which can attract long-term tenants such as families, potentially minimising vacancy periods.

    However, the local affordability index for Kotara South hovers around the 33-year mark, indicating a higher price tag on property ownerships, an aspect that may deter some prospective buyers.

    The statistics on the supply of houses in Kotara South reflects a tight market condition. With a stock-on-market percentage of just 0.22%, this indicates exceptionally low supply. Similarly, the inventory level stands at 0.63 months further solidifying the low supply premise. On the development front, the building approvals ratio for houses flatlines at 0.0%, suggesting a lack of new constructions coming into the local market.

    The demand for houses in Kotara South is moderate. The houses spend an average of 77 days on the market and the vacancy rate of just 0.88% revealing a high occupancy rate. Moreover, the buy search index for houses lands at 4, reflecting a neutral level of interest among potential buyers.

    In sum, Kotara South presents a focused market with predominately houses and a higher level of ownership. The overall market strength is adequately balanced; however, the affordability issue might be a concern for some. Applying HtAG’s RCS metric, one can easily navigate through over 80 metrics to provide a comprehensive market analysis.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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