Suburb Profile Report for Carramar NSW (2163)

Carramar House: Median price $642,500, Annual capital growth 8.61%, Number of sales 12, Weekly median advertised rent $400

Carramar Unit: Median price $307,500, Annual capital growth 7.47%, Number of sales 12, Weekly median advertised rent $310

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Carramar, 2163 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -14.33%

Taking the average capital gain, or increase in median house value, Carramar,2163 has racked up an average of -14.33% over the period. This ranks it number 3166th in the whole country for real estate investors looking at median house price increases.

On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.

Carramar is 867th on a list of best yielding suburbs for rents in NSW with a 3.24% return

Property investors who have had real estate in Carramar, 2163 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.82%

While Carramar,2163 ranked number 62th in NSW for increase in median house value (annualised) increase, it is ranked 429th over the last 5 years.

Vendor discounting in Carramar is giving property investors an average Vendor Discount of around -9.24%. This puts suburb at number 31th in NSW when ranking the most discounted suburbs.

At number 802 in a list of fastest selling suburbs, Carramar is in the bottom 40% of suburbs in Australia with an average of days on market 86.2 for properties listed there.

The NSW suburb of Carramar, 2163 is in the Fairfield (C) local government area.

Metrics i HOUSE UNIT
$642,500 $307,500
-8.93% 3.54%
-14.33% -6.82%
8.61% 7.47%
$400 $310
12 12
3.24% 5.24%
N/A 86.2

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
Find a mortgage broker in Carramar NSW
Demographics
Total population 3431
Median household income ($/weekly) 764
Median age of persons 37
Median housing loan repayment ($/monthly) 1300
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 415 12.1
    25-34 years 457 13.3
    35-44 years 505 14.7
    45-54 years 468 13.6
    55-64 years 356 10.4
    Others 1231 35.9
    Age Group
    Census Count Percent(%)
    Not Married 1208 51.2
    Registered Married 1061 45.0
    Defacto Relationship 90 3.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1343 42.5
    Croatia 132 4.2
    Ireland 96 3.0
    Viet Nam 444 14.1
    Other 493 15.6
    Others 651 20.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 578 18.4
    Christianity 1750 55.8
    Hinduism 51 1.6
    Islam 425 13.5
    No Religion 309 9.8
    Others 26 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 109 10.6
    $400-$599 167 16.2
    $600-$799 150 14.6
    $800-$999 119 11.6
    $1,000-$1,249 102 9.9
    Others 382 37.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1238 49.7
    Employed, worked full-time 720 28.9
    Employed, worked part-time 321 12.9
    Unemployed, looking for work 145 5.8
    Employed, away from work 69 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 135 12.1
    Technicians & trades workers 164 14.7
    Clerical & administrative workers 133 11.9
    Machinery operators & drivers 178 16.0
    Labourers 197 17.7
    Others 306 27.5
    Occupation
    Census Count Percent(%)
    Pre-school 47 6.6
    Infants/Primary 234 32.7
    Secondary 186 26.0
    Technical or Further Educational Institution 97 13.5
    University or other Tertiary Institutions 116 16.2
    Others 36 5.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1543 50.0
    Flat, unit or apartment 1288 41.7
    Semi-detached, row or terrace house, townhouse 244 7.9
    House or flat attached to a shop, office 11 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 518 46.6
    Being purchased 314 28.2
    Fully owned 277 24.9
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
Chart Table