Caringbah real estate

Flats and apartments account for 45% of occupied homes in Caringbah, above the 22% across NSW, which suggests a larger share of people living in apartment buildings than across the state. Townhouses, terraces or semi-detached houses are 27%, above the 12% for the state. Separate houses come to 28% of occupied homes, below the NSW figure of 66%.

At the 2021 Census, 51% of homes in Caringbah had two bedrooms or fewer, above 30% across NSW. Three bedrooms describes 32%, below 35% for the state, and four or more bedrooms 16%, below the 34% across NSW. Of private dwellings, 9% were unoccupied on Census night, the same as the 9% recorded across NSW.

In Caringbah, 38% of households rent, above 33% across NSW. Among those renting households, 71% rent from a landlord the ABS records as a real estate agent, above 69% for NSW. The median rent is $470 a week, above $420 across NSW, and the median household income is $1,890 a week, above the state's $1,829.

Worked out on this page from those two medians, the median weekly rent in Caringbah equals 25% of the median weekly income of all its households, renters or not, above 23% across NSW.

On the owning side, 34% of households are paying off a mortgage, above 33% across NSW, with a median repayment of $2,500 a month against $2,167 for the state. Outright ownership sits at 26% of households, below 32% across NSW.

Of people aged five and over in Caringbah, 48% lived at the same address five years earlier, below 54% across NSW. That suggests a smaller share of people aged five and over lived at the same address five years earlier than across the state.

The suburb of Caringbah had 12,575 people at the 2021 Census. An average household held 2.3 people, below 2.6 across NSW. The median age was 37 years, below 39 across NSW, which points to a younger population than across the state as a whole.