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Caringbah, NSW 2229
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$2,000,000
market range $2.0M-$2.0M
Median Unit
$905,000
market range $875K-$950K
Gross Yield (houses)
2.5%
1yr Growth (houses)
+4.0%
market range +0.0% to +7.5%
Investment snapshot for Caringbah
Caringbah has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Caringbah market and investor summary
Caringbah (NSW 2229) runs a median house price of $2M, with houses yielding a gross 2.5%. House prices have moved +4.0% over the past year and +18.5% over three years. At 0.7% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.5% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 0.7% and a resident base that is not shrinking. If you are weighing units rather than houses, a pipeline of new approvals is worth watching as future supply that can hold back apartment price and rent growth.
Living in Caringbah: people, income and schools
Caringbah has a resident population of roughly 12,575, and the area has been growing steadily, up about 7% over five years. The median age is 37, broadly working-age, and families account for 63% of households.
Households here earn a median of about $98,000 a year, or roughly $1,890 a week. On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 20.4 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 36% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There are 43 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 20 km from the CBD. Most day-to-day errands are doable on foot; the suburb scores 82 for walkability and 7 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Basement (vectored or non-vectored).
- Population
- 12,575
- +7% over 5yr
- Median age
- 37 years
- Median household income
- $98,000/yr
- Households renting
- 38%
- Family households
- 63%
- Socio-economic rank
- 9/10
- ABS advantage index
- Schools within 5km
- 43
- avg ICSEA 1091
- Unemployment
- 2.8%
- Distance to CBD
- 20 km
- Walk score
- 82/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Caringbah
View all →Frequently asked questions about Caringbah
What should I check before investing in Caringbah?
Caringbah has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.1% gives a usable rent-to-price starting point. Capital growth of +4.0% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Caringbah?
The median property price in Caringbah, NSW 2229 is $2M for houses and $905K for units.
What rental yield does Caringbah show?
The gross rental yield in Caringbah is 2.5% for houses and 4.1% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Caringbah?
House prices in Caringbah are up 4.0% over the past year and up 18.5% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Caringbah?
The current vacancy rate in Caringbah is 0.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Caringbah?
Caringbah has a population of approximately 12,575 residents, with a median age of 37.
What schools are near Caringbah?
There are 43 schools within roughly 5km of Caringbah. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Caringbah affordable to buy in?
A median house in Caringbah costs about 20.4 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). 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 Caringbah's population growing?
The population of Caringbah has grown about 7% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Caringbah from the CBD?
Caringbah is about 20 km from the CBD.
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