Free full calculator โ†’
Suburb Insights ยท NSW 2163

Carramar 2163, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Carramar is an outer-metropolitan suburb of Sydney, Australia, with a population of approximately 3,475, making it a boutique locality. Located approximately 23 km from the Sydney CBD, Carramar is a outer metro area in New South Wales. The median household income is $55,796 AUD per year (ABS 2021 Census).

Investment Score

47 / 100 Moderate

Household earnings in Carramar are below the state average, which may affect long-term capital growth.

Location

Map shows Carramar, New South Wales, Australia.

Key Indicators

Postcode
2163

Official Australia Post postcode for Carramar. A postcode may cover multiple suburbs.

Australia Post Postcode Finder โ†’
Population
3,475

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$300/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$55,796/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
23 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

Find schools near Carramar on My School โ†’
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,500/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
36% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Carramar's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $300/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,500/month. With only 36% separate houses, Carramar has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

โš ๏ธ
Buy & Hold

A buy-and-hold approach in Carramar could work well with careful property selection and a longer time horizon.

โš ๏ธ
Rental Yield

Expect competitive but not exceptional rental returns in Carramar's current market.

โŒ
Renovation / Flip

Renovation or flip strategies in Carramar face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Carramar property

Full Property Analysis

30-year projections for Carramar

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Price movement in Carramar is expected to be flat to modest in 2026, reflecting broader regional market conditions. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Carramar a good suburb for investment?

Carramar is a outer metro area in New South Wales with a population of 3,475. The median rent is $300/week and the median household income is $55,796/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Carramar?

Key demand drivers in Carramar include affordability relative to inner suburbs and expanding infrastructure. 36% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Carramar?

According to the ABS 2021 Census, Carramar has a population of approximately 3,475. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Carramar from the Sydney CBD?

Carramar is approximately 23 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

Explore Nearby Suburbs

New South Wales Property Resources