Why you should think about buying or leasing Kiama real estate
The next cab off the rank in our suburb spotlight series is the picturesque seaside town of Kiama. We’ll provide some insight into what’s to love about Kiama, who calls Kiama home and why should you consider investing in Kiama real estate. Let’s take a look!
What makes Kiama such a great place to live?
A half hours drive south of Wollongong is the scenic seaside village of Kiama. What a spectacular little town it is, framed by the gorgeous Pacific Ocean on one side and stunning green pasture and forest vistas on the other
Without doubt, Kiama’s most well known attraction is the Kiama Blowhole - the largest in the world! The Blowhole, a natural rock formation located next to the Kiama lighthouse, attracts many visitors due to its spectacular display of water shooting up to 20m in the air! After you’ve checked out the Blowhole, take advantage of the incredible views of the coastline at Blowhole Point - you may even spot a whale or two!
Enjoy a good walk? Living in Kiama, you’ll have access to the breathtaking Kiama Coastal Walk, a 22 km walking track which takes you through headlands, rivers, beaches and bays as you work your way from Minnamurra to Gerringong. It doesn’t get better than this.
Into live music? Kiama hosts the fantastic Folk by the Sea music festival in September. Good music down by the beach - definitely a great combination!
In addition to this, Kiama is full of fabulous shopping boutiques and incredible cafes and restaurants. Ritzy Gritz Mexican Stonegrill is a well known favourite, while Table for Amy located in the historic Terrace Houses provides a retro setting for your homemade meal.
With stunning natural attractions and fabulous food and music events, it’s easy to see why so many are drawn to Kiama! Who wouldn’t want to live here?!
Kiama Real Estate Stats
Real.estate.com provides some useful stats about the Kiama real estate market. So who is calling Kiama home and why is Kiama real estate in high demand?
- Current median purchase price for a 3 bedroom home in Kiama: $615,000.
- Current median purchase price for a 2 bedroom unit in Kiama: $426,500.
- Kiama real estate is in high demand with an average of 519 visits per property listed for sale.
- Who calls Kiama home? The top 3 resident demographics are:
- Older Couples & Families (18.7%)
- Elderly singles (15.9%)
- Established couples and families (14.2%)
- What kind of rental return can you expect for Kiama real estate?
- On average, rental prices for 3 bedroom properties are $450 PW and $585 PW for a 4 bedroom
- In Kiama 2 bedroom units are being rented for around $375 PW and 3 bedroom units for $465 per week on average
Why Should You Invest in Kiama Real Estate?
Kiama is a stunning little seaside village surrounded by natural wonders, where good food, quality shopping and awesome music events are all at your feet. Wake up, smell the fresh sea breeze, strap on your daypack and experience the stunning coastal scenery as you embark on the Kiama Coastal Track, look out for whales as you stop by the Blowhole and finish off your day with a coffee and cake at one of Kiama’s many seaside cafes. It’s all here waiting for you when you decide to call Kiama home and purchase real estate here.
From an investment point of view, Kiama real estate is in high demand. Residential real estate in Kiama would make a fabulous investment choice for retirees who are ready to trade in suburbia and enjoy the relaxed coastal life they have always dreamed of. Likewise, established families looking for a seachange would be in 7th heaven when purchasing real estate in Kiama.
Either way, you can’t go wrong when it comes to Kiama real estate!
Looking to make Kiama home? View Kiama real estate for sale
Want to know more about why you should invest in Kiama real estate? Get in touch with the MMJ Real Estate Shellharbour team - we’re here to help!