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Carrington

Suburb Profile

Carrington - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2294

house
unit

Property investors have seen a 7.88% 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 14.42%.

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 weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $660,750

Profits averaged 2.77% 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 $460 based on current median home prices for the suburb.

The gross rental yield in CARRINGTON, 2294 is 3.62%.

An average of 3.5 real estate transactions take place per month in CARRINGTON which translates to 42 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $660,750 $590,000
GROWTH REPORT
Median Quarterly 7.88% N/A
Median 12 month 14.42% N/A
Median 3 years 8.32% -5.68%
Median 5 years 43.64% 8.26%
10 years average annual 8.1% 7.42%
Weekly media advert. rent $460 $450
Time on Market 57.9 days 0.0 days
Gross Rental Yield Percent 3.62% 3.97%
demographics (median values)
Total Population
1794
Weekly Household Income
757.3
Household Size
2.10
demographics
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