Koorawatha NSW Property Investment

## 2. Market Overview The median house price in Koorawatha is approximately $325,614, pending peer validation. The median unit price is $119,011. The market is experiencing a 1-year price growth of 11.5%, with a 5-year CAGR of 2.2%/yr. The 3-year growth forecast is 13.5%, indicating a positive outlook for the suburb. However, the days on market are not available, making it difficult to assess the current market demand. For buyers, the recovery market cycle and moderate rental demand may signal a good time to enter the market. For sellers, the 11.5% 1-year price growth may indicate a good time to sell, but the lack of days on market data makes it challenging to determine the best strategy.

## 3. Rental Market The vacancy rate in Koorawatha is 3.0%, indicating a relatively stable rental market. The median weekly rent is $300/wk, with a gross rental yield of 4.8%. The rental demand is moderate, with an owner-occupier rate of 79%. This suggests that the rental market is relatively balanced, with a moderate level of demand. For investors, the 4.8% gross rental yield may be attractive, but the moderate rental demand and stable vacancy rate indicate that the market may not be highly competitive.

## 4. Short-Term Rental Opportunity The median nightly rate for short-term rentals in Koorawatha is $526/night, with an occupancy rate of 40%. This translates to an estimated annual revenue of $76,204 (assuming 365 nights per year and 40% occupancy). Compared to the long-term rental market, the short-term rental market may offer higher revenue potential, but the occupancy rate is relatively low. Investors should carefully consider the trade-offs between long-term and short-term rentals, taking into account the potential revenue, occupancy rates, and management requirements.

## 5. Infrastructure & Growth Drivers There are no major projects on file for Koorawatha, and the transport infrastructure is standard suburban transport access. The lack of major projects may limit the suburb's growth potential, but the standard transport access provides a basic level of connectivity. The key risk identified is the distance from the CBD, which may limit long-term capital growth potential. The supply pipeline is low, with price growth outpacing new supply, and a limited development pipeline.

## 6. Bull Case If the current market conditions hold or improve, the 3-year growth forecast of 13.5% could translate to a significant increase in property values. With a median house price of approximately $325,614, a 13.5% annual growth rate could result in a median house price of around $369,295 in three years. This would represent a significant upside scenario for investors, with potential capital gains and rental yield.

## 7. Risks The key risks associated with investing in Koorawatha include the distance from the CBD, which may limit long-term capital growth potential. The unemployment rate is 8.0%, which is higher than the national average, and may impact the rental market and property values. The supply pipeline is low, which could lead to price growth outpacing new supply, but also limits the potential for new development and growth. The vacancy trend is stable, but the rental demand is moderate, which may indicate a relatively balanced market. Investors should carefully consider these risks and their potential impact on the investment.

## 8. The Play For investors considering Koorawatha, the entry range could be around the median house price of approximately $325,614. The minimum yield to target would be around 4.8%, considering the gross rental yield. Investors should watch for signals such as changes in the vacancy rate, rental demand, and market growth forecasts. The recommended strategy would be to hold existing investments and monitor the market closely, considering the potential upside scenario and the associated risks.

Flood risk: not on record for this suburb in the NSW LEP / state planning overlay. Order an independent flood certificate before commit. Bushfire risk: not on record for this suburb in the state planning overlay. Order an independent BAL (Bushfire Attack Level) assessment before commit. Heritage status is not on record — confirm with the council duty planner / a Section 10.7 (NSW) or equivalent certificate.

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.