Koonawarra, NSW
FAIR VALUE1,970 sales · 36 years of data · NSW, Australia
Koonawarra, NSW Property Market Overview
Koonawarra, NSW 2530, is a suburb located in the Illawarra region of New South Wales, south of Sydney. Our data spans 36 years, covering 1,970 recorded property sales, providing a comprehensive view of the Koonawarra property market. The current median property price in Koonawarra is $785,000, encompassing both houses and apartments.
Koonawarra presents a diverse property landscape with a mix of housing options. The median house price sits at $787,500, while apartments have a median of $765,000. Its historical performance shows a solid growth trajectory, making it a suburb of interest for both homeowners and those observing the broader property market.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Koonawarra
Top streets in Koonawarra, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Wyndarra Way | $767,500 |
| 2 | Culgoa Cres | $750,000 |
| 3 | Weemala Cres | $765,000 |
| 4 | Wybalena Ave | $865,000 |
... and 84 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Mary Davis Ave | $2,168/m² |
| 2 | Wallabah Way | $1,432/m² |
| 3 | Weemala Cres | $1,323/m² |
| 4 | Willandra Pl | $1,672/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Fowlers Rd | +8.4% |
| 2 | Culgoa Cres | +8.2% |
| 3 | Willandra Pl | +7.8% |
| 4 | Kurrawa Cres | +7.6% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Koonawarra analysis
88 streets and 6 buildings to explore
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Koonawarra at a Glance
Koonawarra, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Koonawarra, NSW
Koonawarra offers a relaxed suburban lifestyle with access to various amenities. Families are drawn to the area due to its proximity to schools such as Koonawarra Public School and Lake Illawarra High School. For shopping, residents can access nearby Warrawong Plaza, providing a range of retail options.
Koonawarra boasts several parks and green spaces, including Koonawarra Bay, offering recreational opportunities. The suburb is serviced by public transport, with bus routes connecting residents to surrounding areas. The vibe in Koonawarra is generally quiet and family-oriented, with a strong sense of community.
With its close proximity to Lake Illawarra, residents can enjoy various water activities. The suburb provides a balance between residential comfort and convenient access to essential services and recreational facilities.
Who Buys in Koonawarra?
Koonawarra appeals to a diverse range of buyers, including families and first home buyers, who are attracted to its relatively affordable median house price of $787,500. The presence of schools and parks makes it an attractive location for families.
While the apartment median price of $765,000 may attract some investors, the low strata percentage of 4.7% indicates that most buyers are seeking houses. The historical growth, with a 10-year CAGR of 7.5%, may also appeal to buyers looking for long-term capital appreciation.
Market Analysis
Currently, the Koonawarra property market is assessed as being near its long-term trend, suggesting fair value. This indicates that property prices in Koonawarra are generally aligned with historical growth patterns and economic factors influencing the area.
This 'fair value' cycle position suggests a market where prices are neither significantly inflated nor deflated compared to their historical norms. For those observing the market, it means that property values in Koonawarra are currently reflective of underlying demand and supply dynamics.
Is Koonawarra a Good Investment?
Koonawarra's property market presents a picture of steady, long-term growth. The historical data indicates a 10-year CAGR of 7.5%, a 20-year CAGR of 6.0%, and a full-period CAGR of 6.2%, suggesting consistent capital appreciation over time.
The suburb's current cycle position, assessed as being near its long-term trend, indicates fair value. This means that prices are broadly in line with historical patterns, reflecting underlying market fundamentals. This stability may appeal to those observing the market for potential opportunities.
Koonawarra's mix of housing types, coupled with its location and amenities, contributes to its overall appeal. The suburb's historical performance and current market position provide a foundation for further analysis of its potential.
Koonawarra Market Outlook
As of early 2026, the Koonawarra property market is assessed as being near its long-term trend, indicating fair value. Recent price trends suggest a stable market environment.
Given its current cycle position, Koonawarra's property market is expected to continue to reflect broader economic conditions and local demand. The suburb remains an area of interest for those observing the Illawarra property market as of early 2026.
Streets & Location in Koonawarra, NSW
Koonawarra, postcode 2530, is characterised by a network of 88 streets. Among the notable streets in Koonawarra, based on median property price, are FOWLERS RD, WYBALENA AVE, and WALLABAH WAY.
The location of Koonawarra provides residents with access to local amenities and services, contributing to its appeal as a residential area within the Illawarra region.
Market Dynamics
The average settlement time for properties in Koonawarra is 43 days, reflecting a relatively efficient transaction process. This indicates a stable and well-functioning property market within the suburb.
The Koonawarra market does not show significant quick-flip activity, with a quick-flip percentage listed as N/A, suggesting that properties are typically held for longer periods.
Development & Density
Koonawarra features a mix of housing types, with a relatively low density of apartment buildings. There are only 6 apartment buildings within the suburb, indicating a predominance of detached houses. The strata percentage is 4.7%, meaning houses make up the vast majority of dwellings.
This housing composition contributes to the overall character of Koonawarra, which is largely residential with a focus on traditional suburban living. The limited number of apartment buildings suggests a preference for lower-density development within the area.
Growth & Property Mix
Koonawarra's property market has demonstrated consistent growth over the long term. The suburb has achieved a 10-year Compound Annual Growth Rate (CAGR) of 7.5%, a 20-year CAGR of 6.0%, and a full-period CAGR of 6.2%.
The property composition in Koonawarra includes a mix of houses and apartments, with apartments accounting for a small percentage of the total property stock, as indicated by the strata percentage.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.