Carrington, NSW
UNDERVALUED2,659 sales · 36 years of data · NSW, Australia
Carrington, NSW Property Market Overview
Carrington, NSW, postcode 2294, presents a compelling snapshot of the property market in the Newcastle region. With 36 years of sales data analysed, AusPropertyInsights.app has recorded 2,659 total property sales in Carrington. The current median property price (all types) stands at $950,000, reflecting a suburb with established real estate values.
Carrington is notable for its blend of housing types, including both houses and apartments. The median house price mirrors the overall median at $950,000, while apartments have a slightly lower median of $890,500. This mix contributes to the suburb's diverse property landscape and appeals to a range of buyers. The suburb's historical growth, combined with its current market position, makes it a subject of considerable interest for property market observers.
Property Mix
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Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Carrington
Top streets in Carrington, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Young St | $990,000 |
| 2 | Young St | $790,000 |
| 3 | Howden St | $1,180,000 |
| 4 | Gipps St | $1,050,000 |
... and 35 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Forbes St | $5,429/m² |
| 2 | Gipps St | $5,565/m² |
| 3 | Victoria St | $7,043/m² |
| 4 | Garrett St | $5,105/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Forbes St | +7.3% |
| 2 | Gipps St | +9.0% |
| 3 | Rodgers St | +7.1% |
| 4 | Bourke St | +7.5% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 21 Howden St | $1,212,500 |
| 2 | 33 Darling St | $475,000 |
| 3 | 1 Forbes St | $1,295,000 |
... and 63 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Carrington analysis
39 streets and 67 buildings to explore
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Carrington at a Glance
Carrington, NSW
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Local Amenities
Living in Carrington, NSW
Living in Carrington offers a blend of urban convenience and community atmosphere. The suburb benefits from its proximity to Newcastle's CBD and harbour, providing residents with easy access to employment, entertainment, and recreational opportunities. While Carrington itself doesn't have a train station, nearby stations like Wickham offer convenient rail connections.
Local amenities include parks such as Carrington Foreshore, which provides beautiful waterfront views and walking trails. For shopping, residents can find local stores and services within Carrington, with larger retail centres accessible in neighbouring suburbs. The suburb fosters a sense of community, with local events and initiatives contributing to its unique character. While specific schools within Carrington itself are limited, nearby suburbs offer a range of educational options.
Carrington's vibe is characterised by a mix of residential living, industrial heritage, and waterfront appeal. The area is undergoing ongoing development and revitalization, blending its historical roots with modern living.
Who Buys in Carrington?
The buyer profile in Carrington is likely diverse, reflecting the suburb's mix of housing types and price points. The median property price of $950,000 may attract established families and professionals seeking a balance between affordability and lifestyle. The 17.2% strata percentage suggests a segment of apartment buyers, potentially including first-home buyers or downsizers.
The historical CAGR figures, particularly the 10-year CAGR of 7.1%, may appeal to buyers seeking long-term capital growth. The suburb's location and amenities also contribute to its appeal to different buyer segments. Carrington's property market caters to a range of needs and preferences, attracting a varied demographic.
Market Analysis
Currently, the Carrington property market is assessed as being below its long-term trend, indicating it's in undervalued territory. This cycle position suggests that property values in Carrington are currently lower than what historical trends would predict.
The 'undervalued' label doesn't necessarily mean prices will immediately rise, but rather that the current market may present opportunities relative to its historical performance. This assessment is based on our analysis of 36 years of sales data and considers factors such as price movements, sales volumes, and broader economic indicators. Further analysis is required to understand the causes behind the cycle position.
Is Carrington a Good Investment?
Carrington's property market presents a unique investment profile due to its historical growth and current market position. The suburb's full-period CAGR of 7.5% indicates a strong long-term growth trajectory. The 10-year CAGR of 7.1% and 20-year CAGR of 5.8% further highlight the suburb's consistent performance over different time horizons.
Currently, Carrington is assessed as being below its long-term trend. This cycle position suggests that the market may be presenting opportunities relative to its historical performance. The mix of housing types, including houses and apartments, also influences the investment landscape. These factors, combined with Carrington's location and amenities, contribute to its overall investment appeal. Investors should carefully analyse the data and conduct thorough due diligence when considering property in Carrington.
The historical trends and current cycle position provide valuable context for assessing the potential of the Carrington property market. However, it's crucial to remember that past performance is not indicative of future results, and all investment decisions should be based on careful consideration of individual circumstances and market conditions.
Carrington Market Outlook
As of early 2026, the Carrington property market is assessed as being below its long-term trend. Recent price trends indicate a degree of market fluctuation. The suburb's current cycle position reflects a complex interplay of factors, including broader economic conditions and local market dynamics.
Market observers are closely monitoring sales volumes and price movements in Carrington to gauge the direction of the market. The long-term growth trajectory of the suburb, combined with its current position in the property cycle, makes it a subject of ongoing analysis. The data from AusPropertyInsights.app provides valuable insights into the current state of the Carrington property market as of early 2026.
Streets & Location in Carrington, NSW
Carrington, located within postcode 2294, features a variety of residential streets. Based on median property prices, some of the top streets in Carrington include RODGERS ST, HOLLINGSFORD CRES, and MATHIESON ST. These streets may reflect different property sizes, styles, or locations within the suburb.
In total, Carrington encompasses 39 streets, each contributing to the unique character of the area. The location of these streets, relative to amenities, transport, and local attractions, can all influence property values and buyer interest.
Market Dynamics
Transaction patterns in the Carrington property market indicate an average settlement timeframe of 47 days. This figure represents the typical time between a sale agreement and the final transfer of ownership. A shorter settlement period can suggest a more liquid and active market.
Currently, data regarding quick-flip percentage is not available for Carrington. Further analysis would be needed to determine the prevalence of short-term property resales in the area. The average settlement days provide a snapshot of how quickly properties are changing hands in Carrington.
Development & Density
Carrington features a mix of housing types, with a notable presence of apartment buildings. There are currently 67 apartment buildings within Carrington, contributing to the suburb's overall development density. The presence of these buildings influences the suburb's population density and housing options.
The proportion of strata titled properties (17.2%) indicates the relative balance between houses and apartments in Carrington. This mix can attract different types of residents and affect the suburb's overall character. Development trends in Carrington reflect a blend of established housing and more recent apartment construction.
Growth & Property Mix
Over the past 10 years, Carrington's property market has demonstrated a Compound Annual Growth Rate (CAGR) of 7.1%. Looking further back, the 20-year CAGR is 5.8%, while the full-period CAGR, spanning 36 years of data, is 7.5%. These figures offer a historical perspective on the suburb's long-term performance.
The property mix in Carrington consists of both houses and apartments, with approximately 17.2% of properties being strata titled (apartments). This ratio provides insight into the types of properties available and can influence the suburb's overall market dynamics.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.