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Suburb Insights ยท NSW 2232

Kareela 2232, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Kareela is an outer-metropolitan suburb of Sydney, Australia, with a population of approximately 3,572, making it a boutique locality. Located approximately 20 km from the Sydney CBD, Kareela is a outer metro area in New South Wales. The median household income is $143,780 AUD per year (ABS 2021 Census).

Investment Score

77 / 100 Good

Kareela benefits from a high-income resident base, supporting premium property pricing.

Location

Map shows Kareela, New South Wales, Australia.

Key Indicators

Postcode
2232

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

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Population
3,572

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

ABS Census Data โ†’
Median Rent (weekly)
$695/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
$143,780/yr

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

ABS Census Data โ†’
Distance to CBD
20 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)
$3,000/mo

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

ABS Census Data โ†’
Dwelling Type
86% 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

Kareela'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 $695/week (ABS 2021) indicates a premium rental market. Owner-occupiers face a median mortgage repayment of $3,000/month. A median household income of $143,780/year supports premium property values and indicates a well-employed resident base. 86% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in Kareela over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Kareela's rental market favours investors seeking yield โ€” occupancy rates are typically strong in this area.

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Renovation / Flip

Limited buyer depth in Kareela makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Kareela property

Full Property Analysis

30-year projections for Kareela

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

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Strong

Property values in Kareela should hold firm in 2026, with gradual appreciation tied to infrastructure and population trends. Tenants in Kareela have options โ€” presenting well-maintained properties is key to minimising vacancy. Confidence in Kareela's medium-term prospects is reflected in sustained buyer interest.

Frequently Asked Questions

Is Kareela a good suburb for investment?

Kareela is a outer metro area in New South Wales with a population of 3,572. The median rent is $695/week and the median household income is $143,780/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 Kareela?

Key demand drivers in Kareela include affordability relative to inner suburbs and expanding infrastructure. 86% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Kareela?

According to the ABS 2021 Census, Kareela has a population of approximately 3,572. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Kareela from the Sydney CBD?

Kareela is approximately 20 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.

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