Kareela, NSW
FAIR VALUE2,215 sales · 36 years of data · NSW, Australia
Kareela, NSW Property Market Overview
Kareela, NSW, postcode 2232, is a residential suburb located in the Sutherland Shire of Sydney. Our data spans 36 years, covering 2,215 recorded property sales. The current median property price in Kareela is $1,710,000, reflecting a blend of houses and apartments in the area.
Kareela is notable for its established community feel and proximity to both the Royal National Park and the coastline. With a current median house price of $1,741,000 and a median apartment price of $1,125,000, Kareela presents a diverse property market. The area offers a balance between suburban living and access to natural amenities, making it appealing to a range of buyers.
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 Kareela
Top streets in Kareela, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Siandra Dr | $1,685,000 |
| 2 | Ingrid Rd | $1,962,500 |
| 3 | Rival St | $1,538,000 |
| 4 | The Boulevarde | $1,065,000 |
... and 61 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 | Mercedes Pl | $2,804/m² |
| 2 | Freya St | $3,262/m² |
| 3 | Christina Pl | $3,061/m² |
| 4 | Siandra Dr | $2,931/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 | Freya St | +5.1% |
| 2 | Ulladulla Pl | +5.2% |
| 3 | The Boulevarde | +5.5% |
| 4 | Rival St | +4.0% |
... 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
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 Kareela analysis
65 streets and 79 buildings to explore
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Kareela at a Glance
Kareela, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Kareela, NSW
Kareela offers a relaxed suburban lifestyle within the Sutherland Shire. Families are drawn to the area for its reputable schools, including Kareela Public School and nearby Kirrawee High School. The suburb provides a safe and welcoming environment for raising children.
Residents enjoy easy access to local amenities, including Kareela Village Shopping Centre, which offers a range of shops and services. For outdoor recreation, the Royal National Park is just a short drive away, providing opportunities for bushwalking and enjoying nature. Kareela also boasts local parks and reserves, perfect for picnics and leisurely strolls.
The suburb fosters a strong sense of community, with local events and activities bringing residents together. Kareela provides a peaceful and convenient lifestyle, appealing to those seeking a balance between suburban living and access to natural beauty.
Who Buys in Kareela?
Kareela typically attracts a mix of buyers, including families, professionals, and downsizers. The median house price of $1,741,000 suggests that families seeking larger homes are drawn to the area. The presence of reputable schools and parks further enhances its appeal to families.
The apartment market, with a median price of $1,125,000, may attract first-home buyers or downsizers seeking more manageable properties. The 12.9% strata percentage indicates the availability of apartment living options. Kareela's historical growth, reflected in its consistent CAGR, also appeals to those seeking long-term capital appreciation.
Market Analysis
Currently, the Kareela property market is assessed as being near its long-term trend, indicating fair value. This means that property prices in Kareela are broadly aligned with historical growth patterns and economic fundamentals. While individual properties may deviate, the overall market isn't showing significant signs of being over or undervalued at this time.
This cycle position suggests a period of relative stability in Kareela's property market. Buyers and sellers alike can expect a more predictable environment, without the rapid price fluctuations sometimes seen in boom or bust cycles. Understanding this market context is crucial for anyone considering a property transaction in Kareela.
Is Kareela a Good Investment?
Kareela's property market presents a compelling case for long-term growth. The historical data reveals a consistent upward trend, with a 10-year CAGR of 4.8%, a 20-year CAGR of 5.8%, and a full-period CAGR of 5.5%. This demonstrates the suburb's resilience and enduring appeal.
The current assessment of the market being near its long-term trend suggests a period of stability and fair value. This can be reassuring for buyers seeking to enter the market without the risk of overpaying. The factors driving property values in Kareela include its desirable location in the Sutherland Shire, its family-friendly environment, and its proximity to natural amenities. These elements contribute to the area's continued demand and long-term growth potential.
Kareela Market Outlook
As of early 2026, the Kareela property market is assessed as being near its long-term trend, indicating fair value. Recent price trends have shown a steady performance, reflecting the suburb's established appeal and stable market conditions. While broader economic factors can influence the market, Kareela's underlying fundamentals remain strong.
Buyers and sellers in Kareela can expect a balanced market environment in the near term. The suburb's consistent growth and desirable location continue to support property values, making it an attractive option for a range of buyers.
Streets & Location in Kareela, NSW
Kareela, postcode 2232, features a variety of residential streets. Some of the streets with higher median prices include SIANDRA DR, STRUEN MARIE ST, and SOLVEIG CRES. The suburb comprises a total of 65 streets, each contributing to the unique character of Kareela.
Located in the Sutherland Shire, Kareela benefits from its proximity to natural attractions and essential amenities. Its location offers residents a blend of suburban tranquility and convenient access to nearby commercial centres.
Market Dynamics
The average settlement time for properties in Kareela is approximately 55 days. This timeframe reflects the typical process involved in property transactions within the suburb, from initial agreement to final settlement. This relatively standard settlement period indicates a stable market environment.
Currently, the 'quick-flip' percentage for Kareela is not available, suggesting that speculative short-term property trading is not a significant characteristic of the market. This contributes to the overall stability and long-term investment focus in Kareela.
Development & Density
Kareela features a mix of housing types, with a notable presence of detached houses alongside apartment buildings. There are currently 79 apartment buildings in Kareela, contributing to the suburb's overall density and housing diversity. The composition of housing stock reflects the evolving needs of the community.
The strata percentage in Kareela is 12.9%, indicating the proportion of properties that are apartments or units managed under strata schemes. This data provides insight into the suburb's urban development patterns and the availability of different housing options.
Growth & Property Mix
Kareela has demonstrated solid capital growth over the long term. The suburb has achieved a 10-year Compound Annual Growth Rate (CAGR) of 4.8%, a 20-year CAGR of 5.8%, and a full-period CAGR (over 36 years) of 5.5%. This consistent growth reflects the area's enduring appeal and strong demand.
The property mix in Kareela includes both houses and apartments, with apartments representing 12.9% of the total property stock. These factors contribute to the suburb's overall investment profile.
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.