Suburb Profile Report for Caringbah South NSW (2229)

Caringbah South House: Median price $1,493,750, Annual capital growth 6.21%, Number of sales 160, Weekly median advertised rent $900

Caringbah South Unit: Median price $1,120,000, Annual capital growth 7.11%, Number of sales 76, Weekly median advertised rent $750

  • 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 Caringbah South, 2229 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 -14.15%

Over the longer term, Caringbah South has seen property prices show investors a -0.42% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Caringbah South is offering property investors an average of -7.38. This rate of discount on properties puts Suburb at number 147th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Caringbah South the average time real estate has been on the market is 77.0947 days.

Caringbah South is 917th on a list of best yielding suburbs for rents in NSW with a 3.12% return

Giving property investors a a poor capital gain of -13.85% for the last year, Caringbah South, 2229 is the 1330th highest performer in Australia in this respect.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Caringbah South has increased when compared to the 5 year average annual rate.

Caringbah South, 2229 is offering NSW ‘s 13th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.

Caringbah South is 449th on a list of best yielding suburbs for rents in NSW with a 3.48% return

Metrics i HOUSE UNIT
$1,493,750 $1,120,000
0.50% -5.08%
-14.15% -13.85%
6.21% 7.11%
$900 $750
160 76
3.12% 3.48%
77.0947368421053 121.35

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 : Above average (H), Above average (U)
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Demographics
Total population 11605
Median household income ($/weekly) 1803
Median age of persons 41
Median housing loan repayment ($/monthly) 2800
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1650 14.2
    25-34 years 969 8.3
    35-44 years 1570 13.5
    45-54 years 1733 14.9
    55-64 years 1504 13.0
    Others 4180 36.0
    Age Group
    Census Count Percent(%)
    Registered Married 5220 59.7
    Not Married 3085 35.3
    Defacto Relationship 442 5.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 9783 86.7
    Japan 60 0.5
    Papua New Guinea 115 1.0
    United Kingdom 488 4.3
    Other 207 1.8
    Others 626 5.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 86 0.8
    Christianity 9216 83.5
    Hinduism 19 0.2
    Islam 44 0.4
    No Religion 1647 14.9
    Others 25 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 361 10.5
    $2,000-$2,499 358 10.4
    $2,500-$2,999 425 12.4
    $3,000-$3,499 310 9.0
    $4,000 or more 312 9.1
    Others 1670 48.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3482 38.6
    Not in the labour force 2990 33.2
    Employed, worked part-time 2042 22.7
    Employed, away from work 308 3.4
    Unemployed, looking for work 193 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 984 16.9
    Professionals 1359 23.3
    Technicians & trades workers 742 12.7
    Clerical & administrative workers 1024 17.6
    Sales 651 11.2
    Others 1074 18.4
    Occupation
    Census Count Percent(%)
    Pre-school 261 8.7
    Infants/Primary 1089 36.4
    Secondary 871 29.1
    Technical or Further Educational Institution 232 7.7
    University or other Tertiary Institutions 486 16.2
    Others 55 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9994 89.4
    Semi-detached, row or terrace house, townhouse 1119 10.0
    Flat, unit or apartment 57 0.5
    House or flat attached to a shop, office 5 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1945 50.2
    Being purchased 1494 38.5
    Rented 428 11.0
    Other tenure type 9 0.2
    Tenure Type
Census 2011, ABS
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