Carwoola is a small community in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2620). With a population of 1,602, the suburb has an established demographic with a median age of 44. Households earn a median income of $167K per year, with an average household size of 3 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Carwoola is $1.7 million, having grown strongly 7.8% over the past year. The current median weekly rent is $595. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,839.
Public transport access includes 10 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Carwoola offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 10.4x is considered stretched. House prices have moved +7.8% year-on-year.
Carwoola is a small community in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2620). With a population of 1,602, the suburb has an established demographic with a median age of 44. Households earn a median income of $167K per year, with an average household size of 3 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Carwoola is $1.7 million, having grown strongly 7.8% over the past year. The current median weekly rent is $595. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,839.
Public transport access includes 10 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Carwoola offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 10.4x is considered stretched. House prices have moved +7.8% year-on-year.