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Carlton

NSW 2218LGA: Georges River Council

Investment Score

76

/100

AI Intelligence Summary

Carlton NSW 2218 is a well-positioned residential suburb in Sydney's St George region, located approximately 22km south of the CBD. This multicultural community offers an attractive blend of affordability and accessibility, with excellent transport connections via Carlton railway station on the T4 line and regular bus services. The suburb features a diverse housing mix of older brick homes and newer developments, appealing particularly to families seeking value near quality amenities. Carlton benefits from proximity to established shopping districts in Kogarah and Hurstville, access to Georges River recreational areas including Carss Park, and good educational facilities. The local property market has demonstrated steady growth over recent years, supported by strong rental demand and the suburb's strategic location within the broader St George transport improvement plans. With its combination of established infrastructure, community amenities, and ongoing development potential, Carlton represents a solid choice for both owner-occupiers and investors seeking exposure to Sydney's southern growth corridor.

Strengths

  • Excellent transport connectivity with Carlton railway station and regular bus services
  • Strategic location 22km from Sydney CBD with easy access to major employment hubs
  • Diverse multicultural community creating vibrant neighborhood character
  • Proximity to established retail centers in Kogarah and Hurstville

Opportunities

  • Benefit from broader St George region transport infrastructure improvements
  • Potential for medium-density development along transport corridors
  • Growing appeal to first-home buyers seeking affordability
  • Increasing recognition as value alternative to premium suburbs

Considerations

  • Competition from neighboring established suburbs with higher profiles
  • Limited local retail and dining options requiring travel for shopping
  • Potential traffic congestion during peak periods on arterial roads
  • Some older housing stock may require renovation

Property Market

Median House

$1.15M

+8.5% 1yr

Median Unit

$680K

+6.8% 1yr

Median Townhouse

$950K

Rent (House)

$850/wk

Rent (Unit)

$640/wk

Days on Market

35

Vacancy Rate

1.8%

Auction Clearance

72.0%

Price Growth

Type1 Year3 Year5 Year
House+8.5%+22.0%+45.0%
Unit+6.8%+18.5%+38.0%

Rental Yields

House Yield

3.8%

Unit Yield

4.9%

Townhouse Yield

4.1%

Investment Scorecard

Overall Investment Score76/100
Growth Potential74/100
Cashflow Score72/100
Risk Score (lower = safer)72/100
Affordability Index68/100

Demand/Supply Ratio: 1.40

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Carlton at median house price

Standard transfer
$46,280
First Home Buyer
$46,280
Foreign buyer surcharge
$92,000

+8% surcharge

Annual rent income
$44,200

$850/wk

Interest (80% LVR @ 6.5%)
-$59,800
Other expenses (~2.5%)
-$28,750
Net rental position
-$44,350

Negatively geared

Tax benefit (39% MTR)
+$17,297

Reduces taxable income

After-tax holding cost
$27,054/yr

~$520/week

Based on 9.0% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$1.77M
Capital gain
$567,388
After discount
$283,694
CGT payable
$110,641

10-Year Hold

Est. value
$2.72M
Capital gain
$1.52M
After discount
$760,219
CGT payable
$296,485

Investor Quick Summary

Entry cost (stamp duty)

$46,280

After-tax yield

2.32%

Weekly holding cost

$520/wk

10yr CGT (est.)

$296,485

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

4,200

Median Age

38

Median Income

$72K

per annum

Family Households

68.0%

Professionals

42.0%

University Educated

38.0%

Unemployment

5.2%

Born Overseas

45.0%

Dwelling Mix

Houses: 65%Units: 28%Townhouses: 7%Total: 1,650

Lifestyle & Community

Walkability65/100
Public Transport8/10
Schools Rating7/10
Safety7/10
Family Friendly8/10
Cafes & Restaurants

12

Parks

8

Hospitals

1

Distance to CBD

22.0 km

Nearest Station: Carlton Station

Suburban family lifestyle with easy access to recreation, shopping, and transport, balanced between convenience and affordability.

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Data sourced from multiple sources. Last updated 26 March 2026.

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