Suburb Profile Report for Caringbah South NSW (2229)

Caringbah South House: Median price $1,722,500, Annual capital growth 8.10%, Number of sales 169, Weekly median advertised rent $800

Caringbah South Unit: Median price $1,250,000, Annual capital growth 8.52%, Number of sales 84, Weekly median advertised rent $720

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Caringbah South has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.42%

Taking the average capital gain, or increase in median house value, Caringbah South,2229 has racked up an average of 10.42% over the period. This ranks it number 859th in the whole country for real estate investors looking at median house price increases.

At number 260th of NSW’s most discounted properties, Caringbah South is in the bottom 40% of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Caringbah South the average time real estate has been on the market is 50 days.

Advertised rents are around the $800 mark per week – giving a return of 2.42% based on the median price in Suburb

With a capital gain of -3.85% for the last 12 months, Caringbah South, 2229 has performed for property investments than its average annual 8.52% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Caringbah South,2229 has racked up an average of -3.85% over the period. This ranks it number 118th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -3.81% to buyers in Caringbah South at the moment, which is less than average for the rest of NSW.

Property investors should expect to get $720 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$1,722,500 $1,250,000
1.32% -0.40%
10.42% -3.85%
8.10% 8.52%
$800 $720
169 84
2.42% 3.00%
50 44.23

Source: CoreLogic

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