Karabar (postcode 2620) is a mid-sized suburb in New South Wales within the Queanbeyan-Palerang Regional local government area. It is home to about 8,517 residents, with an established family demographic and a median age of 38. Households earn a median income of $103K per year, with an average household size of 2.6 people. 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 clerical & administrative, technicians & trades, professionals. Employment in the area leans toward public admin & safety and construction. The top ancestries reported are Australian, English, Irish.
Karabar has a median house price of $810,000, which has softened modestly by 1% year-on-year. Units have a median price of $585,000 (+3.2% YoY). The current median weekly rent is $610. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,950.
Karabar is served by 1 school, including 1 special. The average ICSEA score is 944, which is below the national average of 1,000. Public transport access includes 39 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,419 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 3.9%, which reads as moderate yield. Property prices sit below the state median ($810K/$1.5M), which can point to relative value. The price-to-income ratio of 7.8x is considered moderate. House prices have moved -1.0% year-on-year.