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Carroll, NSW 2340
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$385,000
market range $175K-$400K
Median Unit
$365,000
Gross Yield (houses)
5.1%
1yr Growth (units)
+0.0%
estimate
Investment snapshot for Carroll
Carroll has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Carroll market and investor summary
Carroll (NSW 2340) runs a median house price of $385K, with houses yielding a gross 5.1%. At 2.1% vacancy, it is a broadly balanced rental market.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 5.1% does more of the early heavy lifting than capital growth usually would at this price point. Houses also take time to sell, around 121 days on market, so plan for a slower exit if you ever need one.
Living in Carroll: people, income and schools
Carroll is home to around 305 people, a number that has held fairly steady over five years. The median age is 37, broadly working-age, and families account for 72% of households.
Households here earn a median of about $79,000 a year, or roughly $1,520 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to roughly 4.9 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 18% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing close to the national school average on ICSEA.
- Population
- 305
- +4% over 5yr
- Median age
- 37 years
- Median household income
- $79,000/yr
- Households renting
- 25%
- Family households
- 72%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 986
- Unemployment
- 3.3%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Carroll
View all →Frequently asked questions about Carroll
What should I check before investing in Carroll?
Carroll has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 6.0%, giving a stronger rent-to-price starting point than many suburbs. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Carroll?
The median property price in Carroll, NSW 2340 is $385K for houses and $365K for units.
What rental yield does Carroll show?
The gross rental yield in Carroll is 5.1% for houses and 6.0% for units. 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 Carroll?
The current vacancy rate in Carroll is 2.1%. 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 Carroll?
Carroll has a population of approximately 305 residents, with a median age of 37.
What schools are near Carroll?
There are 1 school within roughly 5km of Carroll. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Carroll affordable to buy in?
A median house in Carroll costs about 4.9 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 Carroll's population growing?
The population of Carroll has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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