Suburb Profile Report for Caringbah South NSW (2229)

Caringbah South House: Median price $1,650,000, Annual capital growth 8.45%, Number of sales 154, Weekly median advertised rent $800

Caringbah South Unit: Median price $1,242,500, Annual capital growth 7.37%, Number of sales 78, Weekly median advertised rent $715

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Caringbah South, 2229 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.00%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Caringbah South has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in Caringbah South should be aiming for at least -6.38% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Caringbah South have been waiting around 58.69 days to sell a property.

NSW has seen average median house prices change by 6.22% which means that Caringbah South, 2229 has done well for property investors by showing a capital gain of 12.95% over the last year

While Caringbah South,2229 ranked number 220th in NSW for increase in median house value (annualised) increase, it is ranked 31th over the last 5 years.

Caringbah South, 2229 is offering NSW ‘s 372th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.

At number 198 in a list of fastest selling suburbs, Caringbah South is in the TOP 20% of suburbs in Australia with an average of days on market 45.95 for properties listed there.

The NSW suburb of Caringbah South, 2229 is in the Sutherland Shire local government area.

Metrics i HOUSE UNIT
$1,650,000 $1,242,500
3.94% 2.69%
10.00% 12.95%
8.45% 7.37%
$800 $715
154 78
2.52% 2.99%
58.69 45.95

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 11605
Median household income ($/weekly) 1803
Median age of persons 41
Median housing loan repayment ($/monthly) 2800
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1650 14.2
    25-34 years 969 8.3
    35-44 years 1570 13.5
    45-54 years 1733 14.9
    55-64 years 1504 13.0
    Others 4180 36.0
    Age Group
    Census Count Percent(%)
    Registered Married 5220 59.7
    Not Married 3085 35.3
    Defacto Relationship 442 5.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 9783 86.7
    Japan 60 0.5
    Papua New Guinea 115 1.0
    United Kingdom 488 4.3
    Other 207 1.8
    Others 626 5.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 86 0.8
    Christianity 9216 83.5
    Hinduism 19 0.2
    Islam 44 0.4
    No Religion 1647 14.9
    Others 25 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 361 10.5
    $2,000-$2,499 358 10.4
    $2,500-$2,999 425 12.4
    $3,000-$3,499 310 9.0
    $4,000 or more 312 9.1
    Others 1670 48.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3482 38.6
    Not in the labour force 2990 33.2
    Employed, worked part-time 2042 22.7
    Employed, away from work 308 3.4
    Unemployed, looking for work 193 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 984 16.9
    Professionals 1359 23.3
    Technicians & trades workers 742 12.7
    Clerical & administrative workers 1024 17.6
    Sales 651 11.2
    Others 1074 18.4
    Occupation
    Census Count Percent(%)
    Pre-school 261 8.7
    Infants/Primary 1089 36.4
    Secondary 871 29.1
    Technical or Further Educational Institution 232 7.7
    University or other Tertiary Institutions 486 16.2
    Others 55 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9994 89.4
    Semi-detached, row or terrace house, townhouse 1119 10.0
    Flat, unit or apartment 57 0.5
    House or flat attached to a shop, office 5 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1945 50.2
    Being purchased 1494 38.5
    Rented 428 11.0
    Other tenure type 9 0.2
    Tenure Type
Census 2011, ABS
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