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Kanwal, NSW 2259

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$830,000

market range $775K-$950K

Median Unit

$595,000

list-price estimate

Gross Yield (houses)

3.9%

1yr Growth (houses)

+7.8%

market range +0.0% to +17.5%

Investment snapshot for Kanwal

Kanwal has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Kanwal market and investor summary

Kanwal (NSW 2259) runs a median house price of $830K, with houses yielding a gross 3.9%. House prices have moved +7.8% over the past year. At 0.3% vacancy, it is a tight rental market that favours landlords.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.9% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.3% and a resident base that is not shrinking.

Living in Kanwal: people, income and schools

About 4,194 people live in Kanwal, and the area has been growing steadily, up about 11% over five years. The median age is 45, skewed a little older, and families account for 70% of households.

Households here earn a median of about $70,000 a year, or roughly $1,340 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 11.9 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 32% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

There are 13 schools within about 5km, testing below the national school average on ICSEA. It is roughly 72 km from the CBD. It is fairly car-dependent; the suburb scores 7 for walkability and 9 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
4,194
+11% over 5yr
Median age
45 years
Median household income
$70,000/yr
Households renting
26%
Family households
70%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
13
avg ICSEA 942
Unemployment
4.1%
Distance to CBD
72 km
Walk score
7/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Kanwal

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Frequently asked questions about Kanwal

What should I check before investing in Kanwal?

Kanwal has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.3% gives a usable rent-to-price starting point. Capital growth of +7.8% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Kanwal?

The median property price in Kanwal, NSW 2259 is $830K for houses.

What rental yield does Kanwal show?

The gross rental yield in Kanwal is 3.9% for houses and 4.3% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Kanwal?

House prices in Kanwal are up 7.8% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Kanwal?

The current vacancy rate in Kanwal is 0.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Kanwal?

Kanwal has a population of approximately 4,194 residents, with a median age of 45.

What schools are near Kanwal?

There are 13 schools within roughly 5km of Kanwal. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Kanwal affordable to buy in?

A median house in Kanwal costs about 11.9 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Kanwal's population growing?

The population of Kanwal has grown about 11% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Kanwal from the CBD?

Kanwal is about 72 km from the CBD.

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