Kiama Downs is a mid-sized suburb in New South Wales within the Kiama local government area (postcode 2533). With a population of 5,087, the suburb has an established demographic with a median age of 43. Households earn a median income of $109K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Kiama Downs is $1.4 million, having surged 11.5% over the past year. Units have a median price of $725,000 (+7.4% YoY). The current median weekly rent is $728. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,200.
Public transport access includes 62 bus stops. The crime rate in the Kiama LGA is low at 1,670 incidents per 100,000 population.
From an investment perspective, Kiama Downs offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 13.3x is considered stretched. House prices have moved +11.5% year-on-year.
Kiama Downs is a mid-sized suburb in New South Wales within the Kiama local government area (postcode 2533). With a population of 5,087, the suburb has an established demographic with a median age of 43. Households earn a median income of $109K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Kiama Downs is $1.4 million, having surged 11.5% over the past year. Units have a median price of $725,000 (+7.4% YoY). The current median weekly rent is $728. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,200.
Public transport access includes 62 bus stops. The crime rate in the Kiama LGA is low at 1,670 incidents per 100,000 population.
From an investment perspective, Kiama Downs offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 13.3x is considered stretched. House prices have moved +11.5% year-on-year.