Carnes Hill is a smaller suburb in New South Wales within the Liverpool local government area (postcode 2171). With a population of 3,332, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $137K per year, with an average household size of 3.8 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Indian, Australian, English.
The median house price in Carnes Hill is $1.4 million, having increased 4.5% over the past year. Units have a median price of $888,000 (+12% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,700.
Carnes Hill is served by 2 schools, including 2 primary. The average ICSEA score is 1035, which is around the national average of 1,000. Public transport access includes 4 bus stops. The crime rate in the Liverpool LGA is below average at 3,121 incidents per 100,000 population.
From an investment perspective, Carnes Hill offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 10.5x is considered stretched. House prices have moved +4.5% year-on-year.
Carnes Hill is a smaller suburb in New South Wales within the Liverpool local government area (postcode 2171). With a population of 3,332, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $137K per year, with an average household size of 3.8 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Indian, Australian, English.
The median house price in Carnes Hill is $1.4 million, having increased 4.5% over the past year. Units have a median price of $888,000 (+12% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,700.
Carnes Hill is served by 2 schools, including 2 primary. The average ICSEA score is 1035, which is around the national average of 1,000. Public transport access includes 4 bus stops. The crime rate in the Liverpool LGA is below average at 3,121 incidents per 100,000 population.
From an investment perspective, Carnes Hill offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 10.5x is considered stretched. House prices have moved +4.5% year-on-year.