Kotara



Kotara is an established residential area, with substantial commercial areas in the east.  Major features of the area include Westfield Kotara Shopping Centre, Kotara Homemaker Centre, Blackbutt Reserve (March Street Reserve), Glover Park, Kotara Park, Kullaiba Reserve, Lugar Street Reserve, Nesbitt Park and several schools.
Kotara has a population of 3916 residents, with an average income of $796. The median price for houses is $546,963 and the median price for units is $427,030. House prices in Kotara have grown by 11.89% in the past 3 years and 3.91% last year. Unit prices in Kotara have grown by 10.93% in the past 3 years.

The average house in Kotara is rented for $420 per week and returns a rental return of 4.36%. The median weekly rental price on units is $403 and the rental return is 4.46%. Houses in Kotara take an average of 168 days before selling and the average time for a unit to sell is 39 days. There were 71 houses sold last year and 6 units sold last year in Kotara.

Settlement of the area dates from the mid 1800s. Significant development occurred from the late 1940s, with the area originally established to create a 'garden suburb'. Rapid residential and commercial growth took place during the 1960s. The population declined slightly during the 1990s, and then increased slightly from 2001 as some new dwellings were added to the area.




 



  • Suburb:Kotara
  • Postcode:2289
  • Municipality:Newcastle
Address Suburb Bed Bath Car Price
96 Joslin Street KOTARA 4 1 1 UNDER CONTRACT! View Property
Address Suburb Bed Bath Car Price
280 Park Avenue KOTARA 2 1 2 $385 Per Week View Property
Address Suburb Sold Date Bed Bath Car Sale Price
96 Joslin Street KOTARA 16-08-2016 4 1 1 $595,000 View Property
69 Kimbarra Close KOTARA 16-01-2015 3 1 2 $508,000 View Property
37 Kuranda Crescent KOTARA 26-03-2014 4 3 2 $613,000 View Property
Address Suburb Leased Date Bed Bath Car Lease Price
108 Charlestown Road KOTARA 31-01-2014 3 1 1 Undisclosed View Property
3/292 Park Avenue KOTARA 27-03-2013 2 1 1 $350 pw View Property