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Carapooee, VIC 3477
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$235,000
market range $225K-$600K
Median Unit
-
Gross Yield (houses)
3.2%
1yr Growth
-
Investment snapshot for Carapooee
Carapooee has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Carapooee market and investor summary
Carapooee (VIC 3477) runs a median house price of $235K, with houses yielding a gross 3.2%.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.2% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Carapooee: people, income and schools
Carapooee is home to around 60 people, a number that has held fairly steady over five years. The median age is 59, an older, established demographic, and 100% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $47,000 a year, or roughly $900 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to roughly 5.0 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 31% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 60
- -1% over 5yr
- Median age
- 59 years
- Median household income
- $47,000/yr
- Households renting
- 3%
- Family households
- 52%
- Socio-economic rank
- 5/10
- ABS advantage index
- Unemployment
- 2.6%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Carapooee
No properties currently listed in Carapooee
Search Carapooee listings →Frequently asked questions about Carapooee
What should I check before investing in Carapooee?
Carapooee has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Carapooee?
The median property price in Carapooee, VIC 3477 is $235K for houses.
What rental yield does Carapooee show?
The gross rental yield in Carapooee is 3.2% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How many people live in Carapooee?
Carapooee has a population of approximately 60 residents, with a median age of 59.
Is Carapooee affordable to buy in?
A median house in Carapooee costs about 5.0 times the median local household income (more affordable than most capital-city markets). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Carapooee's population growing?
The population of Carapooee has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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