Caringbah South is a well-established suburb in New South Wales within the Sutherland Shire local government area (postcode 2229). With a population of 13,168, the suburb has an established demographic with a median age of 42. Households earn a median income of $141K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Caringbah South is $2.5 million, having grown strongly 5.4% over the past year. Units have a median price of $1.1 million (-37.5% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $3,380.
Public transport access includes 58 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.
From an investment perspective, Caringbah South offers a gross rental yield of 1.7%, rated as low yield. Property prices are above the state median ($2.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 18.0x is considered stretched. House prices have moved +5.4% year-on-year.
Caringbah South is a well-established suburb in New South Wales within the Sutherland Shire local government area (postcode 2229). With a population of 13,168, the suburb has an established demographic with a median age of 42. Households earn a median income of $141K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Caringbah South is $2.5 million, having grown strongly 5.4% over the past year. Units have a median price of $1.1 million (-37.5% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $3,380.
Public transport access includes 58 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.
From an investment perspective, Caringbah South offers a gross rental yield of 1.7%, rated as low yield. Property prices are above the state median ($2.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 18.0x is considered stretched. House prices have moved +5.4% year-on-year.