Thinking about buying in Karangi? Now could not be a better time, with just 260 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,038,000 with prices in this suburb ranging from $387,000 to $1,917,000. Karangi is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $382.56 |
Median Monthly Mortgage | $1832.89 |
Median Persons Per Bedroom | 0.81 |
Average Household Size | 3.00 |
Average Age | 43.22 |
Average Income | $719.89 |
Average Cars Per Dwelling | 2.32 |
Average Properties Within 50M | 1 |
1 Bed  $1,012,000 |
2 Bed  $796,000 |
3 Bed  $984,000 |
4 Bed  $1,120,000 |
5 Bed  $1,364,000 |
6 Bed+$1,216,000 |
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Karangi is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Karangi leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Karangi the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
171 mastons rd, karangi, nsw, 2450 | 3 | 1 | 0 | Auction |
Karangi Public School
Coramba Public School
(While the above schools are located with the suburb of Karangi there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 4.0 | 20.8 | 28.8 | 60.0 | 88.6 | 5.2 | 24.1 |
Feb | 10.5 | 20.1 | 28.1 | 60.8 | 91.2 | 4.5 | 19.3 |
Mar | 11.9 | 18.9 | 26.7 | 63.1 | 92.5 | 4.5 | 15.8 |
Apr | 4.3 | 15.2 | 24.7 | 56.4 | 92.5 | 3.8 | 14.9 |
May | 3.0 | 12 | 22.6 | 52.9 | 92.2 | 3.4 | 12.3 |
Jun | 3.3 | 9.8 | 20.1 | 54.0 | 91.5 | 3.7 | 11.0 |
Jul | 1.1 | 7.7 | 20.2 | 47.3 | 92.9 | 3.4 | 12 |
Aug | 1.7 | 8.0 | 21.2 | 43.0 | 92.0 | 3.7 | 15.2 |
Sept | 2.1 | 11.3 | 22.9 | 46.7 | 90.2 | 4.5 | 17.7 |
Oct | 3.5 | 14.0 | 24.1 | 53.8 | 90.7 | 4.6 | 20.7 |
Nov | 1.2 | 16.5 | 26.5 | 49.8 | 87.5 | 5.1 | 24.9 |
Dec | 6.5 | 19.0 | 27.4 | 57.9 | 88.5 | 5.2 | 23.0 |
source: Australian Government Bureau of Meteorology
04-12-2024 | $1,800,000 | 86 HARTLEYS RD |
25-03-2024 | $1,225,000 | 263 SHEPHARDS LANE |
31-10-2023 | $550,000 | 771 CORAMBA RD |
24-05-2023 | $200,000 | 570 CONVINCING GROUND RD |
04-05-2023 | $880,000 | 23 MASTONS RD |
06-05-2022 | $835,000 | 1163 CORAMBA RD |
03-03-2022 | $600,000 | 992 CORAMBA RD |
18-02-2022 | $935,000 | 189 MASTONS RD |
01-12-2021 | $1,400,000 | 955 CORAMBA RD |
20-08-2021 | $595,000 | 769 CORAMBA RD |
29-06-2021 | $650,000 | 169 MASTONS RD |
04-11-2020 | $865,000 | 122 MASTONS RD |
30-03-2020 | $1,290,000 | 280 UPPER ORARA RD |
26-02-2020 | $535,000 | 65 UPPER ORARA RD |
19-06-2019 | $585,000 | 85 UPPER ORARA RD |
14-06-2019 | $985,000 | 74 MASTONS RD |
17-05-2019 | $800,000 | 10 MOUNT BISHOP RD |
11-04-2019 | $620,000 | 3 POPERAPERAN CREEK RD |
28-02-2019 | $560,000 | 48 MOUNT BISHOP RD |
20-02-2019 | $526,000 | 849 CORAMBA RD |
29-01-2019 | $875,000 | 854 CORAMBA RD |
07-11-2018 | $530,000 | 769 CORAMBA RD |
31-05-2018 | $270,000 | 1019 CORAMBA RD |
14-02-2018 | $850,000 | 1184 CORAMBA RD |
04-10-2017 | $399,000 | 992 CORAMBA RD |
29-09-2017 | $750,000 | 138 MASTONS RD |
18-08-2017 | $672,500 | 53 MOUNT BISHOP RD |
24-07-2017 | $960,000 | 177 MASTONS RD |
15-05-2017 | $735,000 | 1096 CORAMBA RD |
06-04-2017 | $835,000 | 147 UPPER ORARA RD |
18-01-2017 | $825,000 | 131 MASTONS RD |
01-06-2016 | $388,000 | 156 UPPER ORARA RD |
05-04-2016 | $500,000 | 1023 CORAMBA RD |
18-03-2016 | $540,000 | 200 MASTONS RD |
09-02-2016 | $365,000 | 992 CORAMBA RD |
27-11-2015 | $464,000 | 199 MASTONS RD |
20-11-2015 | $443,000 | 105 POPERAPERAN CREEK RD |
29-09-2015 | $465,000 | 91 POPERAPERAN CREEK RD |
21-09-2015 | $271,000 | 269 UPPER ORARA RD |
26-06-2015 | $500,000 | 1142 CORAMBA RD |
06-03-2015 | $600,000 | 1150 CORAMBA RD |
04-02-2015 | $640,000 | 149 HARTLEYS RD |
22-01-2015 | $700,000 | 9 UPPER ORARA RD |
09-12-2014 | $780,000 | 86 HARTLEYS RD |
25-11-2014 | $289,000 | 246 UPPER ORARA RD |
09-09-2014 | $632,000 | 1184 CORAMBA RD |
12-05-2014 | $380,000 | 1159 CORAMBA RD |
24-04-2014 | $565,000 | 111 CONVINCING GROUND RD |
25-03-2014 | $440,000 | 199 MASTONS RD |
28-02-2014 | $585,000 | 28 MOUNT BISHOP RD |
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!