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AREA REPORTS

Carrington

NSW/
Carrington

Suburb Profile

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

house
unit

Property investors have seen a -5.94% drop in CARRINGTON based on a decrease in median home prices for the past three months.

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 $665,000

Profits averaged 14.86% 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 3.6%.

An average of 3 real estate transactions take place per month in CARRINGTON which translates to 36 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $665,000 $795,000
GROWTH REPORT
Median Quarterly -5.94% 0%
Median 12 month 6.4% 27.66%
Median 3 years 44.57% 48.04%
Median 5 years 75% 84.03%
10 years average annual 9.86% 7.19%
Weekly media advert. rent $460 $470
Time on Market 54.0 days 62.8 days
Gross Rental Yield Percent 3.6% 3.07%
demographics (median values)
Total Population
1794
Weekly Household Income
757.3
Household Size
2.10
demographics
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