Suburb Profile Report for Caringbah NSW (2229)

Caringbah House: Median price $1,470,000, Annual capital growth 9.70%, Number of sales 84, Weekly median advertised rent $670

Caringbah Unit: Median price $680,000, Annual capital growth 6.05%, Number of sales 284, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Caringbah has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.41%

Taking the average capital gain, or increase in median house value, Caringbah,2229 has racked up an average of 17.41% over the period. This ranks it number 168th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Caringbah is $1470000, with sellers offering an average of -4.88% off the asking price.

Using the current median advertised rental of $670 and the average annual increase in value of a median property of 9.70%, investors should hope to achieve an overall return of 2.37%

NSW has seen average median house prices change by 7.48% which means that Caringbah, 2229 has done well for property investors by showing a capital gain of -0.18% over the last year

While Caringbah,2229 ranked number 405th in NSW for increase in median house value (annualised) increase, it is ranked 360th over the last 5 years.

The most recent median price for Caringbah is $680000, with sellers offering an average of -3.57% off the asking price.

Metrics i HOUSE UNIT
$1,470,000 $680,000
4.63% -0.73%
17.41% -0.18%
9.70% 6.05%
$670 $500
84 284
2.37% 3.82%
52.28 43.16

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 10955
Median household income ($/weekly) 1317
Median age of persons 37
Median housing loan repayment ($/monthly) 2253
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1162 10.6
    25-34 years 1894 17.3
    35-44 years 1718 15.7
    45-54 years 1322 12.1
    55-64 years 1138 10.4
    Others 3721 34.0
    Age Group
    Census Count Percent(%)
    Not Married 3816 46.6
    Registered Married 3508 42.8
    Defacto Relationship 866 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 8252 79.8
    Croatia 113 1.1
    Papua New Guinea 314 3.0
    United Kingdom 502 4.9
    Other 353 3.4
    Others 812 7.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 144 1.4
    Christianity 7857 78.0
    Hinduism 58 0.6
    Islam 84 0.8
    No Religion 1885 18.7
    Others 41 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 348 8.4
    $600-$799 355 8.5
    $1,500-$1,999 555 13.3
    $2,000-$2,499 419 10.1
    $2,500-$2,999 390 9.4
    Others 2092 50.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3805 44.8
    Not in the labour force 2580 30.4
    Employed, worked part-time 1552 18.3
    Employed, away from work 308 3.6
    Unemployed, looking for work 247 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 697 12.3
    Professionals 1205 21.3
    Technicians & trades workers 842 14.9
    Community & personal service workers 629 11.1
    Clerical & administrative workers 1002 17.7
    Others 1292 22.8
    Occupation
    Census Count Percent(%)
    Pre-school 224 10.3
    Infants/Primary 777 35.7
    Secondary 473 21.7
    Technical or Further Educational Institution 264 12.1
    University or other Tertiary Institutions 373 17.1
    Others 65 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4476 43.5
    Flat, unit or apartment 3269 31.8
    Semi-detached, row or terrace house, townhouse 2527 24.6
    House or flat attached to a shop, office 13 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1597 35.8
    Being purchased 1479 33.2
    Fully owned 1366 30.6
    Other tenure type 17 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals