Cabarita is a small community in New South Wales within the Canada Bay local government area (postcode 2137). With a population of 1,933, the suburb has a mature demographic with a median age of 50. Households earn a median income of $140K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Cabarita is $4.0 million, having surged 25.6% over the past year. Units have a median price of $2.4 million (+13.2% YoY). The current median weekly rent is $830. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $3,500.
Public transport access includes 1 ferry wharf, 7 bus stops. The crime rate in the Canada Bay LGA is below average at 2,018 incidents per 100,000 population.
From an investment perspective, Cabarita offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($4.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 28.8x is considered stretched. House prices have moved +25.6% year-on-year.
Cabarita is a small community in New South Wales within the Canada Bay local government area (postcode 2137). With a population of 1,933, the suburb has a mature demographic with a median age of 50. Households earn a median income of $140K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Cabarita is $4.0 million, having surged 25.6% over the past year. Units have a median price of $2.4 million (+13.2% YoY). The current median weekly rent is $830. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $3,500.
Public transport access includes 1 ferry wharf, 7 bus stops. The crime rate in the Canada Bay LGA is below average at 2,018 incidents per 100,000 population.
From an investment perspective, Cabarita offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($4.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 28.8x is considered stretched. House prices have moved +25.6% year-on-year.