Arakoon, NEW-SOUTH-WALES Real Estate & Suburb Profile
Comprehensive property market insights and live data for Arakoon.
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Property Market Snapshot & Data for Arakoon
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About Arakoon Real Estate
Arakoon is an eastern suburb of the town of South West Rocks in Kempsey Shire, New South Wales, Australia. At the 2021 census, Arakoon had a population of 445 people.
Arakoon was the original settlement of the town of South West Rocks. The settlement was later moved to the present location, where better land conditions for building were available.
The area today is home to a small number of houses, a café, a caravan park and the Trial Bay Gaol.
Property Investment Potential
When analyzing the local real estate landscape, Arakoon presents a dynamic opportunity. With median property prices sitting around $741,000 and delivering an average rental yield of 6.8%, the area caters nicely to both owner-occupiers and savvy investors. Properties typically spend an average of 46 days on the market, underscoring the consistent demand in this part of New South Wales. For accurate financial planning, check out our investment calculators to estimate your potential returns.
Local Demographics & Lifestyle in Arakoon
Frequently Asked Questions about Arakoon Real Estate
What is the median house price in Arakoon?
The median house price in Arakoon, New South Wales is currently estimated at $741,000.
Is Arakoon a good place to invest?
With a capital growth of 7.1% over the last 12 months and an average rental yield of 6.8%, Arakoon presents a solid opportunity for property investors.
What is the postcode for Arakoon?
The postcode for Arakoon in New South Wales is 2431.