Carrington
With a median age of 58 and only 32 residents across 3.48 square kilometres, Carrington NSW 2324 is among the most age-concentrated localities in the Hunter region. The median age sits 18 years above the national figure, and a 22.2% vacancy rate across its all-separate-house stock signals that many properties are lightly occupied or used as secondary holdings. The median house price of $990,000 places it well above typical regional NSW values, yet household income falls in the 36.3rd percentile nationally, creating a clear gap between asset values and income capacity. All 32 residents travel by car and 100% of dwellings are detached houses, making this one of the most uniformly low-density residential pockets in the postcode.
Population
32
Median Age
58.0
Household IncomeiMedian weekly household income (ABS Census)
$1,375/wk
DAs (12 months)iDevelopment Applications lodged in the past year
23
Median House
$990K
2024-2025 (PSI derived)
The median house price sits at $990,000 based on 2024-2025 PSI data, though the trend shows a 10.7% decline from a 2024 peak of $1,070,000 to $955,000 in 2025. For buyers that correction offers some entry-point relief compared to the recent peak. Monthly mortgage repayments average $1,365, giving a mortgage-to-income ratio of 22.9%, below the common 30% stress threshold and suggesting serviceability is manageable relative to local incomes. Every dwelling is a separate house, with 64.7% having three bedrooms and 35.3% having four or more, so buyers looking for medium-to-large detached homes will find consistent stock. Outright owners represent 66.7% of households versus 33.3% on mortgages, pointing to a long-established, low-debt owner base rather than a suburb driven by recent purchasers.
For Buyers
The median house price sits at $990,000 based on 2024-2025 PSI data, though the trend shows a 10.7% decline from a 2024 peak of $1,070,000 to $955,000 in 2025. For buyers that correction offers some entry-point relief compared to the recent peak. Monthly mortgage repayments average $1,365, giving a mortgage-to-income ratio of 22.9%, below the common 30% stress threshold and suggesting serviceability is manageable relative to local incomes. Every dwelling is a separate house, with 64.7% having three bedrooms and 35.3% having four or more, so buyers looking for medium-to-large detached homes will find consistent stock. Outright owners represent 66.7% of households versus 33.3% on mortgages, pointing to a long-established, low-debt owner base rather than a suburb driven by recent purchasers.
For Investors
The investment case is complicated by scale and vacancy. With only 32 residents and a 22.2% vacancy rate, which is well above the healthy 2-3% benchmark, the pool of prospective tenants is narrow compared to larger suburban markets. Weekly rent of $370 against a $990,000 median implies a gross yield near 1.9%, below what most investors target. The 10.7% price fall from the 2024 peak to 2025 reduces short-term capital growth appeal. On the positive side, 19 development applications were lodged in the past 12 months, a high per-capita rate for a locality of 32 residents, indicating active planning and landowner interest in the area. Investors should weigh the high vacancy rate and limited tenant depth carefully before committing.
Development Activity
Total DAs
162
Last 12 Months
23
YoY ChangeiYear-over-year change in DA lodgements
+15.0%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Carrington iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
Carrington Public School
K-6 · 110 students
Demographics
The median age of 58 is 18 years higher than the national average, placing Carrington firmly in the top tier of age-concentrated suburbs nationally. Average household size of 2.0 is 0.5 below the national figure, consistent with a population dominated by couples without children: 50% of families fit that profile and zero one-parent families are recorded. English (15 residents), Scottish (5) and Irish (4) lead ancestry, reflecting a strongly Anglo-Celtic community. The participation rate of 38.5% is well below typical working-age benchmarks because 15 of 32 residents are not in the labour force, a direct consequence of the older age structure. Of the 10 employed residents, 60% work full-time and Christianity accounts for 17 of 32 residents recorded.
Age Distribution
Dwelling Structure
100.0%
Houses
N/A
Townhouse
N/A
Apartment
Tenure
Every dwelling in Carrington is a separate house, with no apartments or semi-detached stock recorded, distinguishing it sharply from many NSW localities. The bedroom split is 64.7% three-bedroom and 35.3% four-plus bedroom, skewing toward medium and larger family homes. Tenure is dominated by outright owners at 66.7%, with mortgage holders at 33.3%, a ratio well above the national average and pointing to long-held, debt-free assets. The median house price fell 10.7% from $1,070,000 in 2024 to $955,000 in 2025. Rent-to-income sits at 26.9% and mortgage-to-income at 22.9%, both below the 30% stress threshold, suggesting housing costs are not generating acute financial pressure for current residents despite the suburb ranking at the 36.3rd percentile for household income nationally.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$1,365
Rent / wk
$370
HH Size
2.0
Personal Income / wk
$574
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
22.2%
Unoccupied
4
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
26.9%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
22.9%
Community Profile
Ancestry
Household Composition
50.0%
Couples, no children
22
Total families
Economy & Employment
Manufacturing is the only recorded local industry at 100% of the industry data, though this represents just 3 workers and reflects the hamlet-scale of the locality rather than a significant industrial base. Of 32 residents, 6 work full-time and 4 part-time, with zero unemployment recorded among those in the labour force. The participation rate of 38.5% is low compared to state and national averages because 15 residents are not in the labour force, consistent with a largely retired population. Weekly household income of $1,375 places the suburb in the 36.3rd percentile nationally, well below the median, which is notable given house prices at $990,000 sit well above most income-comparable regional NSW markets. Clerical and administrative roles (5 workers) and managers (3) are the most common recorded occupations.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
60.0%
Part-time
40.0%
Participation
38.5%
Employed
10
Occupations
Top Industries
University
N/A
Postgraduate
N/A
Born Overseas
N/A
Dwellings
12
Transport to Work
All residents travel by car, with 100% car reliance well above the national rate where public transport, walking and cycling together account for roughly a quarter of commutes. No schools are recorded within the suburb boundary, so families with children depend on institutions in neighbouring towns. Crime data is not available due to small-population suppression. About 12.9% of residents require some daily assistance (4 people), elevated compared to many NSW suburban averages and directly linked to the 58-year median age being 18 years above the national figure. Rent-to-income at 26.9% and mortgage-to-income at 22.9% both remain below the 30% stress threshold, keeping housing costs manageable for the tenure types currently present.
Drive
100.0%
Public Transport
N/A
Walk / Cycle
N/A
Work from Home
N/A
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Carrington compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Carrington a good suburb to live in?
Carrington suits buyers seeking a quiet, low-density setting with 100% detached housing and an outright-ownership rate of 66.7%. The median age of 58 is 18 years above the national figure, reflecting a settled, older community. Housing costs are moderate at a mortgage-to-income ratio of 22.9%, but there are no local schools or public transport, so residents rely entirely on car access and services in neighbouring towns. Household income sits at the 36.3rd percentile nationally.
What is the median house price in Carrington?
The median house price is approximately $990,000. Prices fell 10.7% from $1,070,000 in 2024 to $955,000 in 2025. Monthly mortgage repayments average $1,365, giving a mortgage-to-income ratio of 22.9%, below the 30% stress threshold, though the price level is high relative to local incomes ranked at the 36.3rd percentile nationally.
What schools are in Carrington?
No schools are recorded within the Carrington NSW 2324 boundary. With a population of only 32 residents and a median age of 58, permanent families with school-age children are uncommon here. Families would need to access schools in surrounding Hunter region localities for primary and secondary education.
Is Carrington safe?
Detailed crime statistics are not available for Carrington because the small population of 32 triggers data confidentiality suppression in the NSW crime dataset. Contextually, the suburb has a density of 9.2 persons per square kilometre and 66.7% of dwellings are owned outright by long-term residents, characteristics typically associated with stable, settled communities in regional NSW.
Is Carrington good for property investment?
The investment profile has notable risks. The 22.2% vacancy rate is well above the healthy 2-3% benchmark. Weekly rent of $370 against a $990,000 median gives a gross yield near 1.9%, and prices fell 10.7% from $1,070,000 in 2024 to $955,000 in 2025. The permanent population of 32 means the local tenant pool is very small compared to surrounding suburbs.
How is Carrington's population changing?
Carrington has a recorded population of 32 across 3.48 km2, with a density of 9.2 per square kilometre. The median age of 58 is 18 years above the national figure, pointing to an aging resident base with limited natural growth through family formation. The 22.2% vacancy rate indicates many dwellings are not in permanent occupation, suggesting a stable or slowly declining resident count over time.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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