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Karabar
AREA REPORTS

Karabar

Karabar - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2620

house
unit
KARABAR ranks 465th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 19.23% for the past year is higher than average compared to its 41.49% growth within a five-year period.

Also in KARABAR, the median home price is sitting at $665,000, and the average rent at $510, this suggests property owners could potentially earn a 3.99% increase in gross rental yield.

Property investors have seen a 6.31% gain in KARABAR based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on KARABAR, 2620 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 19.23%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 4.39% growth over a ten-year period. It ranks 2293rd on our list of suburbs that property investors should look into.

Data report can be found below

Karabar
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $665,000 $485,000
GROWTH REPORT
Median Quarterly 6.31% 6.59%
Median 12 month 19.23% 12.79%
Median 3 years 33% 31.08%
Median 5 years 41.49% 36.24%
10 years average annual 4.39% 3.55%
Weekly media advert. rent $510 $360
Time on Market 57.2 days 63.0 days
Gross Rental Yield Percent 3.99% 3.86%
demographics (median values)*
Total Population
39289
Weekly Household Income
1731
Household Size
2.50
Age
37
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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