Caringbah South

POSTAL CODE: NSW, 2229
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A steady increase in median property prices over a five-year period in the suburb translates to a 6.92% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $2,435,000

The augmented property values in the suburb are trailing above the territorial average of 5.34% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $1350.

Home owners selling their properties and realtors in CARINGBAH SOUTH usually have to wait an average of 63.6 days days before their assets are lifted off the market.

The NSW suburb ranks 723rd on the list of best yielding suburbs for rental properties in NSW, posting a 2.88% return.

It also places places 741st in Australia based on median property value growth during the quarter.

Surburb overview

Caringbah South is a residential suburb in the Sutherland Shire, located about 26 kilometres south of the Sydney central business district. Yowie Bay borders it to the west, Lilli Pilli to the south, and Port Hacking to the east, giving it a prominent foreshore position. The suburb is primarily residential, featuring tree-lined streets and proximity to the waterways of Port Hacking.

The suburb has a population of just over 12,000 people according to the latest census. Most residents were born in Australia, with smaller communities from England, New Zealand and China. English is the primary language spoken at home, with Greek, Italian and Mandarin also represented. Caringbah South has a family-oriented demographic, with many couples with children as well as older residents. Housing is characterised by detached homes, many of which are positioned on larger blocks, and a smaller proportion of townhouses and apartments.

Public transport in Caringbah South is limited to bus services that connect residents to Caringbah railway station on the Illawarra line. From there, trains provide regular services to the Sydney CBD, Cronulla and Wollongong. Road access is via Port Hacking Road and Willarong Road, linking the suburb with Caringbah and Miranda. Due to limited direct transport, many households rely on private vehicles.

Local services include small clusters of shops, cafes and community facilities, while larger retail and commercial needs are met at Caringbah and Miranda. Educational facilities in the area include Caringbah South Public School, with further options available in Caringbah and surrounding suburbs. Healthcare is provided at nearby Sutherland Hospital and Kareena Private Hospital.

Recreational opportunities are a defining feature of Caringbah South. The suburb offers access to foreshore reserves, bushland and boating facilities along Port Hacking. Parks such as Gwawley Park and Wally’s Wharf provide picnic areas and water access. Sporting clubs and ovals support community sport, while proximity to Cronulla Beach and the Royal National Park extends the range of leisure activities available to residents.

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