Carool (postcode 2486) is a quiet locality in New South Wales within the Tweed local government area. The area has roughly 204 residents and a settled, mature resident base, with a median age of 49. Households earn a median income of $79K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, community & personal service. Employment in the area leans toward healthcare and accommodation & food. The top ancestries reported are English, Australian, Irish.
Carool has a median house price of $2.2 million, which has climbed sharply by 81.3% year-on-year. The current median weekly rent is $870. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,820.
Public transport access includes 5 bus stops. The crime rate in the Tweed LGA is below average at 3,518 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 2.1%, which reads as low yield. Property prices are above the state median ($2.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 27.5x is considered stretched. House prices have moved +81.3% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.