Karangi, NSW 2450
Karangi property market
Karangi sees very little activity — the figures here cover a small handful of recent deals, with 5 sales at around $991k as of July 2026, taking about 118 days to sell.
House rentals are nearly as big, with 5 leases at $705 a week, renting out in about 16 days.
Who lives hereAn above-average-income, mostly owner-occupied, family-oriented suburb.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Karangi demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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Detailed, institutional-grade analysis — well beyond the usual suburb snapshot.
InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Karangi?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Karangi
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Karangi
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 2.0× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Karangi
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Karangi
1 school inside Karangi, plus the closest options around it. Families can choose from 1 primary school in Karangi and its surrounds — no high school sits within this radius. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Within Karangi · 1Order by
- 1Karangi Public SchoolGovernment · Primary · Co-ed · Years K-6 · Within suburbState Rank—English—Maths—Students235Multilingual50%ICSEA Rank50th
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Karangi median house price & rent
Headline price, rent, yield and time on market for Karangi — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Karangi property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Karangi
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Karangi against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Karangi in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
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Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
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Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Karangi — Units & Houses, all bedrooms
Karangi median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Karangi rose from $421k (Jul 2021) to $524k (Jun 2026) — +24.3% growth over five years — peaking at $1.54M between Feb 2024 and Jan 2025. Median house rent went from $382/wk to $563/wk (+47.4%) over the same period.
Suburbs near Karangi: prices compared
The nearest suburbs to Karangi, ranked by distance — each lined up against Karangi on the same measures, so the differences jump out at a glance.
Frequently asked · Karangi
22 data-driven answers about Karangi's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Karangi?
#The median house price in Karangi, NSW 2450 is $582k as of June 2026. Houses there have moved +0.5% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
How much does it cost to rent in Karangi?
#The median weekly house rent in Karangi is $452 as of June 2026, drawn from a very small number of recent leases. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Karangi?
#A 3 bedroom house in Karangi rents for a median $452 per week as of June 2026, drawn from a very small number of recent leases. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Karangi?
#Gross rental yield in Karangi is 2.04% for houses as of June 2026, compared with the NSW unit median of 2.97%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 4 bedroom house in Karangi?
#As of June 2026, Karangi medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | — | — | $582k | $582k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Karangi's property market trends?
#Karangi's property market trends to June 2026: house prices rose +0.5% year-on-year; weekly house rents moved +50.0%; homes now sell in a median 108 days — faster than a year ago by 43; sales supply sits at 5.6 months (very loose). Read together — price, rent, selling speed and supply — they show which way the Karangi market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Karangi as an investment?
#As of June 2026 in Karangi, house prices rose +0.5% over the year, gross rental yield is 2.04% against a NSW median of 2.48%, houses take a median 108 days to sell, sales supply is 5.6 months (very loose). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Karangi?
#Houses in Karangi sell in a median 108 days on market as of June 2026. Days on market have tightened by 43 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Karangi a tight or loose property market right now?
#Karangi's sales market sits at 5.6 months of supply for houses as of June 2026 — classified as Very Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 2.5 months of supply.
Have property prices in Karangi gone up or down?
#House prices in Karangi moved +0.5% over the 12 months to June 2026. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Karangi?
#Karangi's house rental market sits at 2.5 months of supply as of June 2026 — classified as Very Loose, with 2 houses leased over the past 12 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
How it compares
Vs state, vs nearby, vs popularHow does Karangi compare to other NSW suburbs?
#Karangi's median house price ($582k) is 26% below the NSW median ($791k) as of June 2026. On selling speed, houses clear in 108 days vs 17 days state median. On gross yield, Karangi sits at 2.04% vs 2.48% state median.
What's the most popular property type in Karangi?
#The most-transacted segment in Karangi over the 12 months to June 2026 is 4 bed houses with 3 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Karangi last year?
#Karangi recorded 3 house sales and 0 unit sales over the 12 months to June 2026 — a combined 3 transactions. On the rental side, 2 houses and 0 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Karangi in?
#Karangi is in postcode 2450, in the Coffs Harbour & Grafton region of NSW. Addresses there are written as Karangi, NSW 2450.
What is the population of Karangi?
#Karangi, NSW 2450 is home to 373 residents (ABS Census 2021). The median resident age is 25, and the average household holds 1.8 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Karangi?
#The median household in Karangi earns $1k per week — roughly $74k a year (ABS Census 2021). Median personal income runs $690/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Karangi?
#The unemployment rate in Karangi is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Karangi?
#Karangi is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Karangi?
#Karangi has 34 schools within reach, 1 of them inside the suburb itself — including Karangi Public School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Karangi a good place to live?
#Karangi, NSW 2450 has a population of 373, a median age of 25, a median household income around $1k/week, 50% of households renting (ABS Census 2021). There are 34 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Karangi market data last updated?
#This Karangi market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.