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Suburb Insights ยท NSW 2849

Carwell 2849, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Carwell is a regional centre in New South Wales, Australia, with a population of approximately 28, making it a boutique locality. Located approximately 167 km from the Sydney CBD, Carwell is a regional area in New South Wales. The median household income is $90,948 AUD per year (ABS 2021 Census).

Investment Score

40 / 100 Weak

Strong household incomes in Carwell underpin solid property demand. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Carwell, New South Wales, Australia.

Key Indicators

Postcode
2849

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

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Population
28

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

ABS Census Data โ†’
Median Rent (weekly)
$215/wk

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

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Median Household Income
$90,948/yr

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

ABS Census Data โ†’
Distance to CBD
167 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.

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Parks & green spaces
1

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

Median Mortgage (monthly)
$2,350/mo

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

ABS Census Data โ†’
Dwelling Type
68% 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

As a regional centre, Carwell serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $215/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,350/month. The median household income of $90,948/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

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Buy & Hold

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

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Rental Yield

Rental yields in Carwell tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Carwell property

Full Property Analysis

30-year projections for Carwell

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Carwell may remain subdued in 2026, with limited demand drivers in the near term. Landlords in Carwell may face longer tenant search times; competitive pricing will be important. Investor sentiment toward Carwell is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Carwell a good suburb for investment?

Carwell is a regional area in New South Wales with a population of 28. The median rent is $215/week and the median household income is $90,948/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 Carwell?

Key demand drivers in Carwell include regional employment hubs, lifestyle, and affordability. 68% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Carwell?

According to the ABS 2021 Census, Carwell has a population of approximately 28. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Carwell from the Sydney CBD?

Carwell is approximately 167 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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