Carey Park, WA 6230: Suburb Profile & Property Report

Market Report

House report
Unit Report

Carey Park has 161 houses available for sale. The median property price for a house is currently $420,750 with annual capital growth of 31.48% . There were 200 house sales in the past 12 months. On average, houses spend 7 days on market.

If you're thinking about buying an investment property in Carey Park, consider that rental yields for houses are currently 6.87% with an average median rent of $540 weekly. Houses have seen 10.72% growth in the past quarter, and 31.48% growth in the past 12 months.

The size of Carey Park is approximately 4 square kilometres. It has 16 parks covering nearly 29.7% of total area. The population of Carey Park in 2011 was 5,037 people. By 2016 the population was 5,148 showing a population growth of 2.2% in the area during that time. The predominant age group in Carey Park is 20-29 years.

Households in Carey Park are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Carey Park work in a labourer occupation. In 2011, 50.9% of the homes in Carey Park were owner-occupied compared with 51.8% in 2016.

Carey Park has 47 units available for sale. The median property price for a unit is currently $390,000 with annual capital growth of 23.03% . There were 35 unit sales in the past 12 months. On average, units spend 11 days on market.

If you're thinking about buying an investment property in Carey Park, consider that rental yields for units are currently 6.97% with an average median rent of $530 weekly. Units have seen 4.84% growth in the past quarter, and 23.03% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$420,750	$390,000
Quarterly growth	+10.72%	+4.84%
12-month growth	+31.48%	+23.03%
Average annual growth	+15.47%	+9.42%
Weekly median rent	$540	$530
Gross rental yield	6.87%	6.97%
Number of Sales (12m)	200	35
Avg. Days on Market (12m)	7	11

Jump to Market Trends

Key Demographics	2011	2016
Total population	5,037	5,148
Population change (5y)	+13.83%	+2.20%
Median household income (p/w)	$934	$986
Household income change (5y)	+10.53%	+5.57%
Median age of persons	37	39

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Carey Park is $420,750 for houses and $390,000 for units.

The Median Growth in Carey Park over the past 12 months is 31.48% for houses and 23.03% for units.

Over the past 12 months there were 200 houses sold and 35 units sold in Carey Park. On average, houses spent 7 days on market and units spent 11 days on market.

In the past 12 months up to August 2024 there were 200 houses sold and 35 units sold in Carey Park. On average, houses spent 7 days on market and units spent 11 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Carey Park is $540 for houses and $530 for units.

The Rental Yield in Carey Park is 6.87% for houses and 6.97% 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 Carey Park was 5,148 in 2016, a +2.20% change compared to 2011.

The predominant age group in Carey Park is 20-29 years.

The population of Carey Park was 5,148 in 2016, a +2.20% change compared to 2011.

The predominant age group in Carey Park is 20-29 years.

Most of the population in Carey Park were born in Australia.

Most of the population in Carey Park report their religion as No Religion.

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

The median household income in Carey Park was $986 in 2016, a +5.57% change compared to 2011.

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

The median household income in Carey Park was $934 in 2011, a +10.53% change compared to 2006.

Most of the population in Carey Park work as Labourer.

Most of the population in Carey Park work as Trades.

The chart below demonstrates the various levels of education in Carey Park.

Most of the population in Carey Park reached a qualification level of Certificate.

2011 2016

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