Kanahooka is a mid-sized suburb in New South Wales within the Wollongong local government area (postcode 2530). With a population of 5,698, the suburb has a mature demographic with a median age of 48. Households earn a median income of $73K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Kanahooka is $978,000, having grown strongly 9.4% over the past year. Units have a median price of $795,000 (-4.2% YoY). The current median weekly rent is $698. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,000.
Kanahooka is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 942, which is below the national average of 1,000. Public transport access includes 26 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Kanahooka offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($978K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.4x is considered stretched. House prices have moved +9.4% year-on-year.
Kanahooka is a mid-sized suburb in New South Wales within the Wollongong local government area (postcode 2530). With a population of 5,698, the suburb has a mature demographic with a median age of 48. Households earn a median income of $73K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Kanahooka is $978,000, having grown strongly 9.4% over the past year. Units have a median price of $795,000 (-4.2% YoY). The current median weekly rent is $698. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,000.
Kanahooka is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 942, which is below the national average of 1,000. Public transport access includes 26 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Kanahooka offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($978K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.4x is considered stretched. House prices have moved +9.4% year-on-year.