Carrington

Carrington, NSW 2294 is a suburb with a population of 2061 residents. The age demographic is diverse, with significant numbers across various age groups, including a growing population. The median household income weekly is $1,766, with a mix of occupations present in the area. The suburb has good access to different modes of transportation, with a notable percentage of residents working from home. Education-wise, the ICSEA percentile for government schools is 40.0. For house investments, Carrington may be suitable for renovators due to a high sale price IQR ratio. The market absorption rate is quite healthy, indicating potential for price growth. Properties have a moderate to low days on market and a good online search interest. For unit investments, the suburb offers a good rental yield with low vacancy rates, making it attractive for investors seeking consistent returns. Carrington, NSW 2294 presents an opportunity for both home buyers and investors. The suburb has a vibrant demographic mix and good access to transportation options. Homeowners looking to live in the area can enjoy a community with diverse age groups and occupations. Investors can consider the suburb for both house and unit investments, each offering distinct advantages such as renovation potential for houses and strong rental yields for units. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022