Kotara, NSW, 2289
Home to one of the main retail centres in Newcastle and conveniently situated on the Central Coast/Newcastle train line, Kotara is a leafy suburb located 9 km west south west from the CBD. Kotara is bordered by New Lambton to the north, Adamstown and Adamstown Heights to the east, Charlestown to the south and Garden Suburb to the west.
With a population of 4,317 people, Kotara is a popular suburb with families, who make up 62% of all residents. 82% own their own homes or are paying them off and houses represent 94% of all dwellings. The median weekly income in Kotara is $1,297 and the median monthly mortgage repayment is $1,863.
Across Kotara, units have experienced an explosion in growth over the last 12 months, registering a growth rate of 46.23% and a gross rental yield of 4.50%. Houses in Kotara also represent a sound investment, with a 12 month growth rate of 7.96% and a long term average rate of 5.75%. A high demand suburb, growth is projected to continue in Kotara well into the future.
Current as of August 2018
Median house price - $610,000
Median unit price - $601,000
Median weekly house rental price - $473
Median weekly unit price - $520
Gross house rental yield - 4.03%
Gross unit rental yield - 4.50%
12 month growth (houses) - 7.96%
12 month growth (units) - 46.23%
Average long-term growth (houses) - 5.75%
Averaged long-term growth (units) - N/A
Kotara is known for its green spaces and elevated views. When selling, don’t forget to spruce up your outdoor space to take advantage of these features. To maximise your sale price, ensure outdoor areas are clean, well maintained and ready to enjoy. Consider updating outdoor furniture, freshening outdoor areas with potted colour and cleaning up neglected corners to make a big impact when it comes time to sell your Kotara home.
Since the majority of homes in Kotara are occupied by families, it makes sense to style your property with families in mind, to appeal to this market. Present a room as a second living space or teenage retreat and focus on outdoor living to demonstrate the true flexibility of your property. Highlight convenient off-street parking options (a must for older families) and ensure you have the storage capacity to meet the growing demands of busy families.
With easy access to the city, a first class shopping and entertainment precinct, rail transport to Sydney and a multitude of other services, Kotara represents lifestyle and convenience. Place reminders of these benefits around your house when staging it for sale. Pin train & bus timetables to the fridge, place brochures to local shops on your bench and feature menus to eateries on the dining table. Remind buyers of the easy lifestyle they will enjoy living in Kotara.
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Public |
Catholic |
Independent |
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Belair PS Kotara South PS Kotara HS |
St James’ Kotara St Joseph’s Charlestown St Therese’s New Lambton St Columba’s Adamstown St Pius (7-10) St Francis Xavier (11-12) |
Newcastle Grammar School St Philip’s Christian College Hunter Christian School |
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Medical |
Clubs |
Pubs |
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Kotara Family Practice Searle St Medical Centre Healthsure Medical Centre |
Club Kotara (Bowling Club) |
Blackbutt Hotel |
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Landmarks |
Parks |
Supermarkets |
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Westfield Kotara Kotara Homemakers Centre Kotara Train Station Styx Creek Blackbutt Reserve |
Hudson Park Nesbitt Park Kotara Park Carramar Park Glover Park Lugar park Kullaiba Reserve |
Westfield Kotara |
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