Suburb Profile Report for Karabar NSW (2620)

Karabar House: Median price $482,500, Annual capital growth 3.84%, Number of sales 126, Weekly median advertised rent $425

Karabar Unit: Median price $378,000, Annual capital growth 4.63%, Number of sales 33, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Karabar, 2620 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.46%.

Taking the average capital gain, or increase in median house value, Karabar,2620 has racked up an average of 5.46% over the period. This ranks it number 2733th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -3.67% to buyers in Karabar at the moment, which is less than average for the rest of NSW.

Residents and property investors in Karabar have been waiting around 81.87 days to sell a property.

Karabar, 2620’s gross rental yield is 4.58%

Over the last year, property investments in Karabar, 2620 have given investors a capital gain of 10.85%. This compares favourably with the 6.22% for NSW as a whole.

A 8.46% growth in median value for property investors in Karabar,2620 puts this suburb at number 252th in terms of best performing suburbs in NSW

Karabar2620 is located in NSW which offers an average discount of -4.26% to property investors. Karabar itself is showing figures that indicate -3.37% is the average achievable by property buyers investing in the suburb.

Karabar, 2620’s gross rental yield is 4.54%

Metrics i HOUSE UNIT
$482,500 $378,000
0.26% 2.16%
5.46% 10.85%
3.84% 4.63%
$425 $330
126 33
4.58% 4.54%
81.87 77.96

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 8600
Median household income ($/weekly) 1559
Median age of persons 35
Median housing loan repayment ($/monthly) 1900
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1233 14.3
    25-34 years 1221 14.2
    35-44 years 1282 14.9
    45-54 years 1280 14.9
    55-64 years 977 11.4
    Others 2608 30.3
    Age Group
    Census Count Percent(%)
    Registered Married 2936 46.7
    Not Married 2695 42.9
    Defacto Relationship 658 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 6737 82.7
    Germany 205 2.5
    Papua New Guinea 147 1.8
    United Kingdom 193 2.4
    Other 262 3.2
    Others 602 7.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 65 0.8
    Christianity 6223 78.8
    Islam 64 0.8
    Other Religious Groups 39 0.5
    No Religion 1464 18.5
    Others 40 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 218 7.8
    $1,250-$1,499 220 7.9
    $1,500-$1,999 414 14.8
    $2,000-$2,499 350 12.5
    $2,500-$2,999 281 10.1
    Others 1307 46.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3165 49.3
    Not in the labour force 1723 26.8
    Employed, worked part-time 1083 16.9
    Employed, away from work 298 4.6
    Unemployed, looking for work 156 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 464 10.2
    Professionals 664 14.6
    Technicians & trades workers 714 15.7
    Clerical & administrative workers 960 21.1
    Labourers 462 10.2
    Others 1281 28.2
    Occupation
    Census Count Percent(%)
    Pre-school 123 6.0
    Infants/Primary 766 37.5
    Secondary 648 31.7
    Technical or Further Educational Institution 219 10.7
    University or other Tertiary Institutions 255 12.5
    Others 34 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7278 88.3
    Semi-detached, row or terrace house, townhouse 762 9.2
    Flat, unit or apartment 182 2.2
    Caravan, cabin, houseboat 20 0.2
    House or flat attached to a shop, office 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1187 39.6
    Rented 928 30.9
    Fully owned 872 29.1
    Other tenure type 14 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals