Suburb Profile Report for Karabar NSW (2620)

Karabar House: Median price $474,000, Annual capital growth 3.97%, Number of sales 104, Weekly median advertised rent $420

Karabar Unit: Median price $360,000, Annual capital growth 4.25%, Number of sales 23, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 7.93% which means that Karabar, 2620 has done well for property investors by showing a capital gain of 1.07% over the last year

Taking the average capital gain, or increase in median house value, Karabar,2620 has racked up an average of 1.07% over the period. This ranks it number 2453th in the whole country for real estate investors looking at median house price increases.

At number 1066th of NSW’s most discounted properties, Karabar is in the TOP 20% of the state/territory when listing in order of most discounted to least.

With a capital gain of 10.26% for the last 12 months, Karabar, 2620 has performed for property investments than its average annual 4.25% property growth over the last 5 years.

Karabar,2620 has offered an average of 10.26% return per annum in house price rises to property investors over the last three years.

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 Karabar, 2620. Typically our figures indicate that -3.78% is being offered, which puts this NSW suburb at 1145th most discounted overall in Australia.

The NSW suburb of Karabar, 2620 is in the Queanbeyan local government area.

HOUSE UNIT
$474,000 $360,000
2.05% 0.56%
1.07% 10.26%
3.97% 4.25%
$420 $350
104 23
4.61% 5.06%
88.76 103.18

Source: CoreLogic

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