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Carrington
AREA REPORTS

Carrington

Carrington - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2294

house
unit

Property investors have seen a 3.88% gain in CARRINGTON based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on CARRINGTON, 2294 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 26.69%.

Based on its average 5-year and quarterly capital gains CARRINGTON, 2294 saw average growth in the long term.

The NSW suburb 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 $776,000

Profits averaged 5.56% per annum over a 3-year period, due to an upward trend in home prices in CARRINGTON, 2294.

This means, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.

The gross rental yield in CARRINGTON, 2294 is 3.35%.

An average of 4.5 real estate transactions take place per month in CARRINGTON which translates to 54 per annum.

Data report can be found below

Carrington
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $776,000 $822,500
GROWTH REPORT
Median Quarterly 3.88% 8.22%
Median 12 month 26.69% N/A
Median 3 years 16.69% 8.22%
Median 5 years 72.44% 49.55%
10 years average annual 9.57% 9.67%
Weekly media advert. rent $500 $550
Time on Market 34.4 days 0.0 days
Gross Rental Yield Percent 3.35% 3.48%
demographics (median values)*
Total Population
1794
Weekly Household Income
757.3
Household Size
2.10
Age
35
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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