Kanwal is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2259). With a population of 4,194, the suburb has a mature demographic with a median age of 45. Households earn a median income of $70K per year, with an average household size of 2.5 people. The most common occupations are community & personal service, technicians & trades, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Kanwal is $835,000, having increased 3% over the past year. Units have a median price of $610,000 (-8.3% YoY). The current median weekly rent is $660. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,733.
Kanwal is served by 1 school, including 1 primary. The average ICSEA score is 942, which is below the national average of 1,000. Public transport access includes 29 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Kanwal offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($835K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.9x is considered stretched. House prices have moved +3.0% year-on-year.
Kanwal is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2259). With a population of 4,194, the suburb has a mature demographic with a median age of 45. Households earn a median income of $70K per year, with an average household size of 2.5 people. The most common occupations are community & personal service, technicians & trades, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Kanwal is $835,000, having increased 3% over the past year. Units have a median price of $610,000 (-8.3% YoY). The current median weekly rent is $660. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,733.
Kanwal is served by 1 school, including 1 primary. The average ICSEA score is 942, which is below the national average of 1,000. Public transport access includes 29 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Kanwal offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($835K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.9x is considered stretched. House prices have moved +3.0% year-on-year.