Suburb Profile Report for Caringbah NSW (2229)

Caringbah House: Median price $1,226,000, Annual capital growth 7.99%, Number of sales 88, Weekly median advertised rent $680

Caringbah Unit: Median price $695,000, Annual capital growth 6.68%, Number of sales 274, Weekly median advertised rent $490

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Caringbah has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.52%

If we look at median property appreciation over just the last three months, Caringbah has given property investors a paper return of 10.45%. This puts Suburb as 72 on a list of fastest fasting appreciating suburbs in NSW

Caringbah2229 is located in NSW which offers an average discount of -5.50% to property investors. Caringbah itself is showing figures that indicate -2.84% is the average achievable by property buyers investing in the suburb.

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

Caringbah, 2229 ranked 170th in NSW when comparing growth in median property values or capital gain over the last 12 months. Caringbah is one of 3163 in our list for NSW

Taking the average capital gain, or increase in median house value, Caringbah,2229 has racked up an average of 9.90% over the period. This ranks it number 159th in the whole country for real estate investors looking at median house price increases.

At number 326th of NSW’s most discounted properties, Caringbah is in the TOP 40% of the state/territory when listing in order of most discounted to least.

In the last year 274 properties changed hands in Caringbah, which puts it as the 27th most active market in NSW when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $5880 per annum or $490 every week.

HOUSE UNIT
$1,226,000 $695,000
10.45% 2.96%
13.52% 9.90%
7.99% 6.68%
$680 $490
88 274
2.88% 3.67%
53.33 44.78

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
Find a mortgage broker in Caringbah NSW
Demographics
Total population 10955
Median household income ($/weekly) 1317
Median age of persons 37
Median housing loan repayment ($/monthly) 2253
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1162 10.6
    25-34 years 1894 17.3
    35-44 years 1718 15.7
    45-54 years 1322 12.1
    55-64 years 1138 10.4
    Others 3721 34.0
    Age Group
    Census Count Percent(%)
    Not Married 3816 46.6
    Registered Married 3508 42.8
    Defacto Relationship 866 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 8252 79.8
    Croatia 113 1.1
    Papua New Guinea 314 3.0
    United Kingdom 502 4.9
    Other 353 3.4
    Others 812 7.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 144 1.4
    Christianity 7857 78.0
    Hinduism 58 0.6
    Islam 84 0.8
    No Religion 1885 18.7
    Others 41 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 348 8.4
    $600-$799 355 8.5
    $1,500-$1,999 555 13.3
    $2,000-$2,499 419 10.1
    $2,500-$2,999 390 9.4
    Others 2092 50.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3805 44.8
    Not in the labour force 2580 30.4
    Employed, worked part-time 1552 18.3
    Employed, away from work 308 3.6
    Unemployed, looking for work 247 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 697 12.3
    Professionals 1205 21.3
    Technicians & trades workers 842 14.9
    Community & personal service workers 629 11.1
    Clerical & administrative workers 1002 17.7
    Others 1292 22.8
    Occupation
    Census Count Percent(%)
    Pre-school 224 10.3
    Infants/Primary 777 35.7
    Secondary 473 21.7
    Technical or Further Educational Institution 264 12.1
    University or other Tertiary Institutions 373 17.1
    Others 65 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4476 43.5
    Flat, unit or apartment 3269 31.8
    Semi-detached, row or terrace house, townhouse 2527 24.6
    House or flat attached to a shop, office 13 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1597 35.8
    Being purchased 1479 33.2
    Fully owned 1366 30.6
    Other tenure type 17 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals