Kogarah recorded a median house price of $1,233,750 and $670,000 for units in Q1 2018, which represents an annual price change of -11.2% and -0.7% respectively. House prices in the Georges River Local Government Area (Q1 2017-Q1 2018) softened by -18.2% to $1,285,000 and unit prices grew by 3.7% to $723,000. The partial softening in Kogarah is on par with Sydney's cooling in property prices, which suggest a return to more sustainable level of growth. Now is the time for first home buyers to secure their dream property in a blue-chip residential area.
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