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Carss Park, NSW 2221

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Carss Park, NSW 2221 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Carss Park, NSW 2221”

  1. The total adult population (15 years or older) of Carss Park 2221 NSW is 1,052, with a median age of 46. Of those, 52.09% are married, 10.65% are divorced or separated, 30.61% are single and 6.08% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $13,076. The median monthly mortgage repayment for households in this suburb is $3,000 which is 22.94% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled in NSW, the suburb of Carss Park 2221 holds an estimated 543 households. As we move into Q3 of 2023, houses in this pleasing suburb are typified by a substantial price tag of $2,138,888. The median weekly rent is a generous $798, which corresponds to an indicative yield of 1.94%, falling short of the 3% minimum attractive market requirement for cashflow-centric investors.

    When it comes to socio-economic status, Carss Park holds a strong position with an IRSAD score of 1100 out of 1217, demonstrating a well-off and stable demographic. Low renter to owner ratio of 18% makes it a favourable investment area, as it is far below the 30% threshold which signifies over-saturation. Moreover, the units to houses ratio sits comfortably at 6%, well beneath the 50% that specifies an oversupply of units and confirms a more family-orientated area.

    However, the dream of property ownership might not be so easily attainable for some in Carss Park, as the affordability index for houses reads a substantially high 64 years. This places Carss Park significantly above the preferred range for affordability, signifying a high entry barrier for first-time buyers.

    Turning to supply metrics, the suburb showcases a notably low stock on market Percentage for houses at 0.21%, falling within favourable conditions that hint towards limited competition and stronger property prices. Similarly, with an inventory level for houses marking at 0.86 months, it implies a tight supply market, indicating that listed properties are being sold rather swiftly. This is reinforced by an average of 24 Days on the Market for houses, firmly indicating high demand.

    The building approvals Ratio for houses sits at a mere 0.43%, indicating a balanced market that currently carries no threat of oversupply. The suburb also records a low vacancy rate of 1.01% for both houses and units, symbolising high demand and the potential for competitive rent prices.

    The buy search index for houses stands high at 6, pointing towards substantial demand and indicating that potential buyers are actively looking within this suburb. As with all investment decisions, it is crucial to keep a vigilant eye on market trends, changes and opportunities. Leveraging the deep insights and metrics provided by HtAG Analytics’ Relative Composite Score (RCS) can greatly assist investors in making informed and beneficial property investment decisions.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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