Suburb Profile Report for Carramar NSW (2163)

Carramar House: Median price $715,000, Annual capital growth 10.11%, Number of sales 23, Weekly median advertised rent $400

Carramar Unit: Median price $357,500, Annual capital growth 8.51%, Number of sales 38, Weekly median advertised rent $320

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of 1.38% for the last year, Carramar, 2163 is the 2799th highest performer in Australia in this respect.

A 84.87% growth in median value for property investors in Carramar,2163 puts this suburb at number 207th in terms of best performing suburbs in NSW

Carramar, 2163’s gross rental yield is 2.91%

At number 1149th in the list of Australian suburbs ordered by increase in median house value over the last year, Carramar, 2163 is in the BOTTOM 40% with a property value increase of -0.69% recorded in median house prices.

While Carramar,2163 ranked number 447th in NSW for increase in median house value (annualised) increase, it is ranked 183th over the last 5 years.

Property investors looking for a bargain in Carramar should be aiming for at least -4.57% off the asking price, which is the average vendor discount being achieved at the moment.

Metrics i HOUSE UNIT
$715,000 $357,500
7.68% -0.69%
1.38% -0.69%
10.11% 8.51%
$400 $320
23 38
2.91% 4.65%
N/A 55.48

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 3431
Median household income ($/weekly) 764
Median age of persons 37
Median housing loan repayment ($/monthly) 1300
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 415 12.1
    25-34 years 457 13.3
    35-44 years 505 14.7
    45-54 years 468 13.6
    55-64 years 356 10.4
    Others 1231 35.9
    Age Group
    Census Count Percent(%)
    Not Married 1208 51.2
    Registered Married 1061 45.0
    Defacto Relationship 90 3.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1343 42.5
    Croatia 132 4.2
    Ireland 96 3.0
    Viet Nam 444 14.1
    Other 493 15.6
    Others 651 20.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 578 18.4
    Christianity 1750 55.8
    Hinduism 51 1.6
    Islam 425 13.5
    No Religion 309 9.8
    Others 26 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 109 10.6
    $400-$599 167 16.2
    $600-$799 150 14.6
    $800-$999 119 11.6
    $1,000-$1,249 102 9.9
    Others 382 37.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1238 49.7
    Employed, worked full-time 720 28.9
    Employed, worked part-time 321 12.9
    Unemployed, looking for work 145 5.8
    Employed, away from work 69 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 135 12.1
    Technicians & trades workers 164 14.7
    Clerical & administrative workers 133 11.9
    Machinery operators & drivers 178 16.0
    Labourers 197 17.7
    Others 306 27.5
    Occupation
    Census Count Percent(%)
    Pre-school 47 6.6
    Infants/Primary 234 32.7
    Secondary 186 26.0
    Technical or Further Educational Institution 97 13.5
    University or other Tertiary Institutions 116 16.2
    Others 36 5.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1543 50.0
    Flat, unit or apartment 1288 41.7
    Semi-detached, row or terrace house, townhouse 244 7.9
    House or flat attached to a shop, office 11 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 518 46.6
    Being purchased 314 28.2
    Fully owned 277 24.9
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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