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Kariong, NSW 2250

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$1,080,000

market range $1.1M-$1.1M

Median Unit

$835,000

market range $800K-$875K

Gross Yield (houses)

3.6%

1yr Growth (houses)

+8.7%

market range +5.0% to +12.5%

Investment snapshot for Kariong

Kariong has enough public data for first-pass screening across yield, vacancy, price and supply signals.

Read the full Kariong verdict

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Kariong market and investor summary

Kariong (NSW 2250) runs a median house price of $1.1M, with houses yielding a gross 3.6%. House prices have moved +8.7% over the past year and +15.4% over three years. At 1.5% vacancy, it is a tight rental market that favours landlords.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.6% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.5% and a resident base that is not shrinking.

Living in Kariong: people, income and schools

Kariong is home to around 6,485 people, a number that has held fairly steady over five years. The median age is 36, broadly working-age, and 76% 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 $114,000 a year, or roughly $2,200 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to a steep 9.4 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 32% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

There are 22 schools within about 5km, testing close to the national school average on ICSEA. It is roughly 48 km from the CBD. It is fairly car-dependent; the suburb scores 5 for walkability and 3 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
6,485
+5% over 5yr
Median age
36 years
Median household income
$114,000/yr
Households renting
22%
Family households
83%
Socio-economic rank
6/10
ABS advantage index
Schools within 5km
22
avg ICSEA 1008
Unemployment
3.2%
Distance to CBD
48 km
Walk score
5/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Kariong

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Frequently asked questions about Kariong

What should I check before investing in Kariong?

Kariong 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 +8.7% in the past year shows strong 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 Kariong?

The median property price in Kariong, NSW 2250 is $1.1M for houses and $835K for units.

What rental yield does Kariong show?

The gross rental yield in Kariong is 3.6% 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 Kariong?

House prices in Kariong are up 8.7% over the past year and up 15.4% 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 Kariong?

The current vacancy rate in Kariong is 1.5%. 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 Kariong?

Kariong has a population of approximately 6,485 residents, with a median age of 36.

What schools are near Kariong?

There are 22 schools within roughly 5km of Kariong. 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 Kariong affordable to buy in?

A median house in Kariong costs about 9.4 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 Kariong's population growing?

The population of Kariong has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Kariong from the CBD?

Kariong is about 48 km from the CBD.

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