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Suburb Insights · NSW 2229

Caringbah South, NSW 2229 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Caringbah South is an outer-metropolitan suburb of Sydney, Australia, with a population of approximately 13,168, making it a smaller community. Located approximately 22 km from the Sydney CBD, Caringbah South is a outer metro area in New South Wales. The median household income is $141,492 per year.

Investment Score

76 / 100 Good

Strong household incomes in Caringbah South underpin solid property demand.

Location

Sydney
Caringbah South
New South Wales · 2229
22 km from Sydney CBD
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Key Indicators

Postcode
2229

Official Australia Post postcode for Caringbah South. A postcode may cover multiple suburbs.

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Population
13,168

Usual resident population at the most recent census.

Median weekly rent
$730/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$141,492/yr

Annual median household income (before tax) across all households.

Distance to CBD
22 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
3

Estimated 3 schools within or near this suburb.

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Parks & green spaces
5

Estimated 5 parks and green spaces near this suburb.

Median monthly mortgage
$3,380/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
74% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Caringbah South

Who Caringbah South Suits

👨‍👩‍👧Families3 schools nearby, 74% separate houses.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersPrices sit above the New South Wales median — stretch goal.
💼ProfessionalsAround 22 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Access to several schools nearby (around 3).
  • Local parks and reserves (around 5) add to liveability.
  • Solid transport links into employment hubs.

Cons

  • Median mortgage sits above the New South Wales state median — entry costs are stretched.
  • Traffic can build during peak hours, especially on arterial roads.

Investment Insight

With 13,168 residents, Caringbah South is one of New South Wales's more populous suburbs — roughly 2.5× the state median of 5,325 — giving it a deep buyer and tenant pool that typically supports higher transaction volumes and shorter average days on market. Median household income of $141,492/year runs 45% above the New South Wales suburb median of $97,552, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Median weekly rent of $730 equates to $3,163/month — about 94% of the median mortgage repayment of $3,380/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. 22 km from Sydney places Caringbah South in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.

Investment Tip

Outer-metro suburbs reward careful property selection — aim for homes near infrastructure rather than generic house-and-land packages. Local rents consume roughly 27% of household income — a useful sanity check on tenant affordability.

Caringbah South vs New South Wales Median

How Caringbah South stacks up against the median of all New South Wales suburbs in our dataset. Positive values mean Caringbah South sits above the state median; negative means below.

MetricCaringbah SouthNSW medianΔ vs state
Population13,1685,325+147%
Median household income$141,492/yr$97,552/yr+45%
Median rent (weekly)$730$430+70%
Median mortgage (monthly)$3,380$2,167+56%
Distance to CBD22 km45 km-51%
Separate houses74%76%-2pp

Investor Checklist

Pre-inspection briefing for Caringbah South — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Strong buy-and-hold fundamentals: household incomes run 45% above the New South Wales suburb median ($141,492 vs $97,552), and the 22 km CBD distance keeps this suburb in the primary demand zone. In New South Wales, suburbs with this profile have historically clustered in the upper tercile of 10-year capital growth.

Rental Yield

Strong rental coverage: $730/week (~$3,163/month) covers 94% of the $3,380/month median mortgage repayment, so the shortfall sits at just $217/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 74% houses in a 13,168-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Caringbah South property

Full Property Analysis

30-year projections for Caringbah South

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Caringbah South enters 2026 with a demographic tailwind — household incomes 45% above the New South Wales suburb median of $97,552 and a population of 13,168 give it the depth and purchasing power to outperform the wider NSW market over the next 12–18 months. Rental coverage runs at ~94% of the typical mortgage ($3,163/month rent vs $3,380/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 76/100 places Caringbah South in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.

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Frequently Asked Questions

Is Caringbah South a good suburb for investment?

Caringbah South scores 76/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 13,168, median household income of $141,492/year and median weekly rent of $730. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Caringbah South?

The main demand drivers in Caringbah South are proximity to Sydney (22 km), an above-state-median household income of $141,492/year, a dwelling mix that is 74% separate houses, roughly 3 schools and 5 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Caringbah South?

Caringbah South has a usual resident population of approximately 13,168, compared with a New South Wales suburb median of 5,325 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Caringbah South from the Sydney CBD?

Caringbah South sits 22 km straight-line from the Sydney CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.

What is the median rent in Caringbah South?

The most recent census recorded a median weekly rent of $730 in Caringbah South, equating to approximately $37,960/year in gross rental income (state median $430/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Caringbah South?

The median monthly mortgage repayment in Caringbah South is $3,380, or approximately $40,560/year (vs $2,167/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Caringbah South cash-flow positive for investors?

A median weekly rent of $730 works out to $3,163/month, covering 94% of the median mortgage repayment of $3,380/month. That leaves a $217/month shortfall (around $2,604/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Caringbah South?

The main risks are interest-rate sensitivity on the $3,380 median mortgage, the broader New South Wales market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Caringbah South profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

New South Wales Property Resources