Suburb Profile Report for Karuah NSW (2324)

Karuah House: Median price $285,000, Annual capital growth 6.49%, Number of sales 28, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report

Karuah has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -18.57% to date .

Karuah,2324 has offered an average of -18.57% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Karuah should be aiming for at least -7.73% off the asking price, which is the average vendor discount being achieved at the moment.

At number 3205 in a list of fastest selling suburbs, Karuah is in the bottom 20% of suburbs in Australia with an average of days on market 122.25 for properties listed there.

Property investors should expect to get $330 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$285,000 N/A
N/A N/A
-18.57% N/A
6.49% N/A
$330 N/A
28 N/A
6.02% N/A
122.25 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1326
Median household income ($/weekly) 634
Median age of persons 48
Median housing loan repayment ($/monthly) 1408
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 134 10.1
    35-44 years 137 10.3
    45-54 years 188 14.2
    55-64 years 213 16.1
    65-74 years 241 18.2
    Others 414 31.2
    Age Group
    Census Count Percent(%)
    Registered Married 490 48.7
    Not Married 420 41.7
    Defacto Relationship 96 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1105 89.0
    Greece 9 0.7
    Papua New Guinea 16 1.3
    United Kingdom 55 4.4
    Other 9 0.7
    Others 48 3.9
    Country of Birth
    Census Count Percent(%)
    Christianity 908 75.9
    No Religion 267 22.3
    Australian Aboriginal Traditional Religions 18 1.5
    Buddhism 4 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 79 16.1
    $400-$599 105 21.3
    $600-$799 64 13.0
    $800-$999 48 9.8
    $1,000-$1,249 34 6.9
    Others 162 32.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 575 54.8
    Employed, worked full-time 255 24.3
    Employed, worked part-time 145 13.8
    Unemployed, looking for work 48 4.6
    Employed, away from work 26 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 70 16.5
    Technicians & trades workers 73 17.3
    Clerical & administrative workers 49 11.6
    Machinery operators & drivers 57 13.5
    Labourers 61 14.4
    Others 113 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 18 8.2
    Infants/Primary 86 39.1
    Secondary 66 30.0
    Technical or Further Educational Institution 24 10.9
    University or other Tertiary Institutions 14 6.4
    Others 12 5.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1068 86.8
    Caravan, cabin, houseboat 137 11.1
    Flat, unit or apartment 26 2.1
    Semi-detached, row or terrace house, townhouse 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 261 49.5
    Being purchased 133 25.2
    Rented 126 23.9
    Other tenure type 7 1.3
    Tenure Type
Census 2011, ABS
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