Fraud Blocker

Kogarah, NSW 2217

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 Kogarah, NSW 2217 located in Sydney 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™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
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.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Kogarah, NSW 2217”

  1. The total adult population (15 years or older) of Kogarah 2217 NSW is 13,923, with a median age of 35. Of those, 48.86% are married, 10.25% are divorced or separated, 36.03% are single and 4.84% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $8,536. The median monthly mortgage repayment for households in this suburb is $2,200 which is 25.77% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in NSW, the suburb of KOGARAH 2217 accommodates an estimated 9898 households. As we approached the end of Q3 in 2023, typical house prices in KOGARAH 2217 shifted to $1,532,501, paired with a median weekly rent of $645. These values translated into an indicative yield of 2.19%, somewhat below the 3% suitable for cash flow-centric property investors.

    Boasting an IRSAD score of 1032 out of 1217, KOGARAH exhibits favourable socio-economic conditions, signalling a stable populace with relative economic resources and a good economic standing. However, the renter to owner ratio veers toward the higher end at 48%, indicating a relatively high proportion of rental properties compared to owner-occupied ones. This can be a slight concern for potential investors due to the risks involved with high rental competition and changing ‘vibe’ of the neighbourhood.

    The unit to house ratio goes beyond the preferred market level, covering a significant 81% of total property types in KOGARAH. A factor of saturation, this high ratio might be a warning sign for investors of potential price drops affected by market cooling or regulatory changes.

    Objectively, the suburb displays a daunting affordability index for houses at 70 years, sitting well above the standard 30-year mortgage. This suggests that residents experience low affordability levels in home ownership, a factor that could affect the long-term capital growth of the suburb.

    Turning our attention to supply metrics, the stock on market Percentage for KOGARAH houses rest at a mere 0.21%, implying limited unsold stock as opposed to the total number of dwellings in the area. Subsequently, the inventory level remains favourable with only 0.97 months worth of houses on sale. The building approvals Ratio for houses is also relatively low at 1.39%, indicating a steady balance in the supply of new dwelling stock in the market.

    On the demand front, houses appear to be snapped up relatively quickly with an average of only 26 Days on Market, signalling favourable demand. The vacancy rate is also promising at 0.94% demonstrating a high level of demand and potential for rental properties within the suburb.

    However, the buy search index for houses comes in at 3, marking a neutral demand and suggesting that additional market research may be needed for potential investors to gauge authentic market interest.

    A subtle fluctuation in the array of metrics is not uncommon in property investment, and it’s crucial to continue to examine these trends within the wider picture. Also, factors such as socio-economic score, yield, and demand-supply balance must be considered collectively before making an investment decision. The RCS metric developed by HtAG Analytics can automate this research by utilising over 80 metrics.

    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.

Leave a comment