Caringbah is a well-established suburb in New South Wales within the Sutherland Shire local government area (postcode 2229). With a population of 12,575, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $98K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Caringbah is $2.0 million, having increased 4.6% over the past year. Units have a median price of $858,000 (-7.3% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,500.
Caringbah is served by 8 schools, including 4 primary, 3 secondary, 1 special. The average ICSEA score is 1094, which is above the national average of 1,000. Public transport access includes 62 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.
From an investment perspective, Caringbah offers a gross rental yield of 2.2%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 20.9x is considered stretched. House prices have moved +4.6% year-on-year.
Caringbah is a well-established suburb in New South Wales within the Sutherland Shire local government area (postcode 2229). With a population of 12,575, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $98K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Caringbah is $2.0 million, having increased 4.6% over the past year. Units have a median price of $858,000 (-7.3% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,500.
Caringbah is served by 8 schools, including 4 primary, 3 secondary, 1 special. The average ICSEA score is 1094, which is above the national average of 1,000. Public transport access includes 62 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.
From an investment perspective, Caringbah offers a gross rental yield of 2.2%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 20.9x is considered stretched. House prices have moved +4.6% year-on-year.