Kariong is a mid-sized suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2250). With a population of 6,485, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $114K per year, with an average household size of 3 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Kariong is $1.1 million, having grown strongly 9% over the past year. Units have a median price of $750,000 (+7.1% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,080.
Kariong is served by 5 schools, including 1 primary, 1 secondary, 1 combined, 2 special. The average ICSEA score is 945, which is below the national average of 1,000. Public transport access includes 1 rail station, 31 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Kariong offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 10.1x is considered stretched. House prices have moved +9.0% year-on-year.
Kariong is a mid-sized suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2250). With a population of 6,485, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $114K per year, with an average household size of 3 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Kariong is $1.1 million, having grown strongly 9% over the past year. Units have a median price of $750,000 (+7.1% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,080.
Kariong is served by 5 schools, including 1 primary, 1 secondary, 1 combined, 2 special. The average ICSEA score is 945, which is below the national average of 1,000. Public transport access includes 1 rail station, 31 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Kariong offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 10.1x is considered stretched. House prices have moved +9.0% year-on-year.