Carlingford is a well-populated suburb in New South Wales within the Parramatta local government area (postcode 2118). With a population of 28,044, the suburb has an established family demographic with a median age of 38. Households earn a median income of $108K per year, with an average household size of 3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, managers. Employment in the area leans toward healthcare and professional services. The top ancestries reported are Chinese, English, Australian.
Median house prices in Carlingford stand at $2.1 million, having fallen by 3.8% over the last twelve months. Units have a median price of $680,000 (-6.3% YoY). The current median weekly rent is $745. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,500.
Carlingford is served by 9 schools, including 5 primary, 3 secondary, 1 special. The average ICSEA score is 1121, which is well above the national average of 1,000. Public transport access includes 1 tram stop, 141 bus stops. The crime rate in the Parramatta LGA is below average at 3,255 incidents per 100,000 population.
From an investment perspective, Carlingford shows a gross rental yield of approximately 1.8%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.5x is considered stretched. House prices have moved -3.8% year-on-year. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.