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Carngham, VIC 3351
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$690,000
list-price estimate
Median Unit
$405,000
list-price estimate
Gross Yield (houses)
5.0%
1yr Growth
-
Investment snapshot for Carngham
Carngham has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Carngham market and investor summary
In Carngham, VIC 3351, houses show a gross rental yield of 5.0%. At 2.9% vacancy, it is a broadly balanced rental market.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 5.0% is neither a standout cashflow play nor a pure growth bet.
Living in Carngham: people, income and schools
Carngham has a resident population of roughly 171, and the area has been growing steadily, up about 9% over five years. At a median age of 39, it reads as broadly working-age, and 87% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $69,000 a year (about $1,320 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). Incomes have risen about 22% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 171
- +9% over 5yr
- Median age
- 39 years
- Median household income
- $69,000/yr
- Households renting
- 0%
- Family households
- 80%
- Socio-economic rank
- 5/10
- ABS advantage index
- Unemployment
- 3.1%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Carngham
No properties currently listed in Carngham
Search Carngham listings →Frequently asked questions about Carngham
What should I check before investing in Carngham?
Carngham has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 5.0% gives a usable rent-to-price starting point. Houses sell quickly (24 days on market), which points to strong sales liquidity. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What rental yield does Carngham show?
The gross rental yield in Carngham is 5.0% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Carngham?
The current vacancy rate in Carngham is 2.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Carngham?
Carngham has a population of approximately 171 residents, with a median age of 39.
Is Carngham's population growing?
The population of Carngham has grown about 9% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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