Carrington NSW Property Investment

Newcastle · 2294

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Median House Price

$1.01M

As of 8 Nov 2026.

Rental Yield

3.7%

Vacancy Rate

N/A

Median Weekly Rent

$720/wk

Source: NSW Fair Trading, Residential Rental Bond Lodgements (Oct 2025 to Sep 2026). As of Sept 2026.

Median Unit Price

$891K

As of 8 Nov 2026.

Population (Census 2021)

N/A

Carrington Short-Term Rental Market

Short-stay estimate: run a brief

New dwellings approved

New dwellings approved, Newcastle council area, 12 months to Aug 2026: 918. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Carrington.

Suburb Metric Thresholds

2 green4 yellow4 red

Weekly Rent (house)

720 medium impact

Population growth 2016–21, postcode 2294 (ABS Census)

1.33 high impact

Median Household Income

1766 medium impact

Public Transport Score

2.1 medium impact

School Zone Quality

5.7 medium impact

Distance to CBD

136.19 medium impact

SEIFA Advantage/Disadvantage

7 medium impact

Owner Occupier Rate

53.5 medium impact

Gross Rental Yield (%)

3.72 high impact

Net Rental Yield (%)

2.48 high impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-09

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 2294

Most disadvantagedLeast disadvantaged

Decile 6 of 10 — Average

Population (suburb)

N/A

Education (IEO)

9/10

Econ. Resources (IER)

2/10

Crime & Safety

No official crime data for this area

Schools

In your catchment

Salt Ash PS

PrimaryGovernment

4.7/10

Hunter River HS

SecondaryGovernment

4.2/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.