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Caringbah South Suburb Insights

VIC
Location Information

Suburb Name

Caringbah South, VIC

Distance from CBD

5.2 km
Demographics

Population

12,242

Median Income

$42,172

Area Information

Area

4.09 km²

Population Density

2993 people/km²

Property Market

Median Price

$1,017,786

Annual Growth

+19.5%
Property Price Trend Analysis

Current Median Price

$1,017,786

Annual Growth

+19.5%

Quarterly Growth

+4.6%

Price Trends - Last 6 Months

2024-01

$941,173

+8.5%
2024-02

$1,046,783

+11.5%
2024-03

$530,566

+12.4%
2024-04

$463,259

+7.1%
2024-05

$1,134,052

+16.9%
2024-06

$765,504

+10.2%
Property Type Price Analysis
House

Median Price

$880,852

Growth Rate

+7.3%

Available Listings

492 properties

Apartment

Median Price

$319,727

Growth Rate

+15.4%

Available Listings

747 properties

Townhouse

Median Price

$434,317

Growth Rate

+11.5%

Available Listings

221 properties

Investment Potential Assessment
Investment Advantages
  • Annual growth exceeds 8% - excellent performance
  • Strong quarterly growth momentum
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy