Suburb Profile Report for Caringbah South NSW (2229)

Caringbah South House: Median price $1,525,000, Annual capital growth 7.44%, Number of sales 169, Weekly median advertised rent $800

Caringbah South Unit: Median price $1,227,500, Annual capital growth 7.25%, Number of sales 87, Weekly median advertised rent $670

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Caringbah South, 2229 have given investors a capital gain of 6.64%. This compares averagely with the 6.38% for NSW as a whole.

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.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Caringbah South itself are offering an average vendor discount of -4.66% to real estate investors.

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

Caringbah South is in the TOP 10% in NSW when comparing median price capital growth over the last year. Caringbah South gave property investors a very good capital gain figure when compared to the rest of the state, with 21.17%.

When looking at the potential capital gains offered to property investors over the last 3 years, Caringbah South comes in at number 42th in NSW.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Caringbah South, 2229. Typically our figures indicate that -4.53% is being offered, which puts this NSW suburb at 909th most discounted overall in Australia.

In the last year 87 properties changed hands in Caringbah South, which puts it as the 170th most active market in NSW when comparing the number of sales per suburb.

Situated 15.81km from the CBD, Caringbah South is one of Sutherland Shire localities in the postcode 2229.

HOUSE UNIT
$1,525,000 $1,227,500
2.35% -3.16%
6.64% 21.17%
7.44% 7.25%
$800 $670
169 87
2.73% 2.84%
62.29 43.82

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (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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