Question 1

Is Kirrawee a nice place to live?

Accepted Answer

Kirrawee is a delightful suburb that offers a harmonious blend of suburban charm and modern conveniences, making it a fantastic place to call home. Nestled in the Sutherland Shire, it boasts a welcoming atmosphere that is perfect for families seeking a peaceful yet connected lifestyle. The suburb is known for its strong sense of community, where neighbors often come together to create a supportive and friendly environment. With its lush parks and green spaces, Kirrawee provides ample opportunities for outdoor activities and family picnics, contributing to its family-friendly vibe.

One of the standout features of Kirrawee is its excellent connectivity. The suburb is well-served by public transport, with a train station that offers easy access to Sydney's CBD and surrounding areas, making it an ideal location for commuters. Additionally, the South Village shopping precinct is a hub of activity, offering a variety of retail, dining, and entertainment options that cater to all tastes. This makes Kirrawee not only convenient but also a vibrant place to live, with plenty of things to do right at your doorstep.

Safety is generally not a major concern in Kirrawee, as it maintains a reputation for being a secure and family-oriented suburb. However, like any area, it's always wise to stay vigilant. While Kirrawee offers a fantastic lifestyle, one trade-off might be the slightly higher property prices compared to some other suburbs, reflecting its desirability and proximity to both urban and natural attractions. For families, Kirrawee is particularly appealing due to its established school options and the suburb's proximity to the Royal National Park, providing a balanced lifestyle with access to both education and nature. Overall, Kirrawee is a charming suburb that offers a wonderful quality of life for families and professionals alike.

Question 2

Is it expensive to live in Kirrawee?

Accepted Answer

Living in Kirrawee can be considered expensive, especially when you look at the housing market. With the median house price at $1,700,000 and units at $900,000, buying a property here requires a significant financial commitment. For renters, the average rent for houses is $1,000 per week, and for units, it's $720 per week, which can take up a substantial portion of an average income.

Comparing these figures to the average salary in Sydney, which is about $104,000 per year, it's clear that a significant part of one's income would need to be allocated towards housing costs in Kirrawee. The median total household income in Kirrawee is $2,070 per week, which is slightly above the Sydney average, indicating that while incomes are relatively higher, the cost of property and rent still makes living here a financial stretch for many.

Overall, if you are thinking of living in Kirrawee, it's important to carefully consider your budget and financial situation. The suburb offers a convenient location and a pleasant lifestyle, but these come at a price that reflects its desirability and proximity to Sydney's amenities.

Question 3

Is Kirrawee a good place to invest?

Accepted Answer

Kirrawee is showing promising signs as a solid investment suburb, particularly for those interested in both houses and units. Over the past year, the median house value has increased by 3.9%, while units have seen a slightly higher growth of 4.8%. This indicates a healthy demand for properties in the area, which is always a positive sign for potential investors.

When it comes to rental returns, houses in Kirrawee have experienced a notable 5.3% increase in rent over the last year, suggesting strong demand from renters. Although the rent for units has remained stable with no change, this could present an opportunity for investors to enter the market at a stable point, with potential for future growth as demand increases.

Overall, Kirrawee offers a balanced investment opportunity with steady property value growth and a strong rental market for houses. Its appeal lies in its potential for both capital appreciation and rental income, making it an attractive option for those looking to invest in a suburb with consistent growth and demand.

	Houses	Units
Median price Past 3 months	$1.75M	$900K
Change in value Past 12 months	4.7%	3.5%
Sold Past 3 months	31	15
Median days on market Past 12 months	29	19
Average rent Past 12 months	$1015	$720
Change in rent Past 12 months	6.8%	1.4%

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