Kirrawee (postcode 2232) is a well-established suburb in New South Wales within the Sutherland Shire local government area. The area has roughly 11,007 residents and a settled mid-life population, with a median age of 39. Households earn a median income of $108K per year, with an average household size of 2.5 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, managers. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
The median house price in Kirrawee is $1.9 million, having grown strongly by 8.9% over the past year. Units have a median price of $895,000 (-4.6% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,600.
Kirrawee is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1071, which is above the national average of 1,000. Public transport access includes 1 rail station, 48 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Sutherland Shire LGA is low at 1,776 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 2.0% (low yield). Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 18.1x is considered stretched. House prices have moved +8.9% year-on-year.