Carramar, NSW 2163: Suburb Profile & Property Report

Market Report

House report
Unit Report

In Carramar, the median property price for a house is currently $900,000 with annual capital growth of 7.14% . There were 15 house sales in the past 12 months. On average, houses spend 20 days on market.

If you're thinking about buying an investment property in Carramar, consider that rental yields for houses are currently 3.09% with an average median rent of $595 weekly. Houses have seen 0.67% growth in the past quarter, and 7.14% growth in the past 12 months.

The size of Carramar is approximately 1 square kilometres. It has 5 parks covering nearly 19.2% of total area. The population of Carramar in 2011 was 3,431 people. By 2016 the population was 3,545 showing a population growth of 3.3% in the area during that time. The predominant age group in Carramar is 30-39 years.

Households in Carramar are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Carramar work in a labourer occupation. In 2011, 50.3% of the homes in Carramar were owner-occupied compared with 45.8% in 2016.

In Carramar, the median property price for a unit is currently $367,500 with annual capital growth of 4.26% . There were 40 unit sales in the past 12 months. On average, units spend 36 days on market.

If you're thinking about buying an investment property in Carramar, consider that rental yields for units are currently 5.31% with an average median rent of $400 weekly. Units have seen -0.68% growth in the past quarter, and 4.26% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$900,000	$367,500
Quarterly growth	+0.67%	-0.68%
12-month growth	+7.14%	+4.26%
Average annual growth	+7.74%	+1.18%
Weekly median rent	$595	$400
Gross rental yield	3.09%	5.31%
Number of Sales (12m)	15	40
Avg. Days on Market (12m)	20	36

Jump to Market Trends

Key Demographics	2011	2016
Total population	3,431	3,545
Population change (5y)	+15.99%	+3.30%
Median household income (p/w)	$780	$938
Household income change (5y)	+24.20%	+20.26%
Median age of persons	37	37

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Carramar is $900,000 for houses and $367,500 for units.

The Median Growth in Carramar over the past 12 months is 7.14% for houses and 4.26% for units.

Over the past 12 months there were 15 houses sold and 40 units sold in Carramar. On average, houses spent 20 days on market and units spent 36 days on market.

In the past 12 months up to September 2024 there were 15 houses sold and 40 units sold in Carramar. On average, houses spent 20 days on market and units spent 36 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Carramar is $595 for houses and $400 for units.

The Rental Yield in Carramar is 3.09% for houses and 5.31% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Carramar was 3,545 in 2016, a +3.30% change compared to 2011.

The predominant age group in Carramar is 30-39 years.

The population of Carramar was 3,545 in 2016, a +3.30% change compared to 2011.

The predominant age group in Carramar is 0-9 years.

Most of the population in Carramar were born in Australia.

Most of the population in Carramar report their religion as Catholic.

Most of the population in Carramar report their income range as between $15,000 and $33,000 .

The median household income in Carramar was $938 in 2016, a +20.26% change compared to 2011.

Most of the population in Carramar report their income range as between $15,000 and $31,000 .

The median household income in Carramar was $780 in 2011, a +24.20% change compared to 2006.

Most of the population in Carramar work as Labourer.

The chart below demonstrates the various levels of education in Carramar.

Most of the population in Carramar reached a qualification level of Not Stated.

Most of the population in Carramar reached a qualification level of Certificate.

2011 2016

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Contains property sales information provided under licence from the Valuer General New South Wales. RP Data Pty Ltd trading as CoreLogic Asia Pacific is authorised as a Property Sales Information provider by the Valuer General New South Wales.

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