Suburb Profile Report for Karuah NSW (2324)

Karuah House: Median price $292,500, Annual capital growth 3.89%, Number of sales 22, 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 -13.97% to date .

While Karuah,2324 ranked number 1369th in NSW for increase in median house value (annualised) increase, it is ranked 1202th over the last 5 years.

Property buyers and investors in Karuah 2324 should be seeing an average reduction in asking price of around -5.85% . This means that Karuah is holding prices well when compared to other suburbs in NSW.

On average over the past year, suburb has had 1.83 sales per month, which equates to 22 per year.

Using the current median advertised rental of $330 and the average annual increase in value of a median property of 3.89%, investors should hope to achieve an overall return of 5.87%

HOUSE UNIT
$292,500 N/A
-15.22% N/A
-13.97% N/A
3.89% N/A
$330 N/A
22 N/A
5.87% N/A
83 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (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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Recent sales & rentals