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Carss Park

NSW 2221LGA: Georges River

Investment Score

78

/100

AI Intelligence Summary

Carss Park is a picturesque waterside suburb in the St George region, located 18km south of Sydney CBD. Known for its family-friendly atmosphere and proximity to Kogarah Bay, the suburb features the popular Carss Park recreational area with picnic facilities and playgrounds. The area is predominantly residential with detached houses on larger blocks, attracting established families and young professionals seeking a quieter lifestyle while maintaining reasonable access to Sydney. Property values are supported by the waterfront location, with water-view and waterfront homes commanding premium prices. The suburb benefits from quality schools in the catchment area, good access to Kogarah town centre for shopping and services, and active community groups. Transport connectivity includes regular bus services and proximity to Kogarah and Carlton train stations. The stable, mature community demographic and limited development opportunities contribute to steady property growth in line with broader St George region trends.

Strengths

  • Scenic waterfront location on Kogarah Bay with recreational facilities
  • Family-friendly community with quality schools and low crime
  • Larger residential blocks compared to inner Sydney suburbs
  • Strong community spirit with active local groups and sporting clubs

Opportunities

  • Growing demand for family-friendly waterside suburbs
  • Potential for property value growth as Sydney expands southward
  • Infrastructure improvements in broader St George region
  • Increasing appeal of larger blocks as density increases elsewhere

Considerations

  • Limited public transport options requiring bus connections to train stations
  • Restricted development opportunities due to established residential character
  • Distance from Sydney CBD may deter some buyers
  • Limited local commercial and dining options

Property Market

Median House

$1.45M

+5.2% 1yr

Median Unit

$750K

+4.1% 1yr

Median Townhouse

$980K

Rent (House)

$890/wk

Rent (Unit)

$695/wk

Days on Market

32

Vacancy Rate

1.8%

Auction Clearance

72.0%

Price Growth

Type1 Year3 Year5 Year
House+5.2%+18.5%+35.8%
Unit+4.1%+15.2%+28.4%

Rental Yields

House Yield

3.2%

Unit Yield

4.8%

Townhouse Yield

3.8%

Investment Scorecard

Overall Investment Score78/100
Growth Potential75/100
Cashflow Score68/100
Risk Score (lower = safer)72/100
Affordability Index52/100

Demand/Supply Ratio: 1.80

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Carss Park at median house price

Standard transfer
$62,140
First Home Buyer
$62,140
Foreign buyer surcharge
$116,000

+8% surcharge

Annual rent income
$46,280

$890/wk

Interest (80% LVR @ 6.5%)
-$75,400
Other expenses (~2.5%)
-$36,250
Net rental position
-$65,370

Negatively geared

Tax benefit (39% MTR)
+$25,494

Reduces taxable income

After-tax holding cost
$39,876/yr

~$767/week

Based on 7.2% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$2.05M
Capital gain
$529,561
After discount
$264,780
CGT payable
$103,264

10-Year Hold

Est. value
$2.90M
Capital gain
$1.38M
After discount
$687,960
CGT payable
$268,304

Investor Quick Summary

Entry cost (stamp duty)

$62,140

After-tax yield

1.95%

Weekly holding cost

$767/wk

10yr CGT (est.)

$268,304

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

2,800

Median Age

41

Median Income

$95K

per annum

Family Households

68.0%

Professionals

48.0%

University Educated

38.0%

Unemployment

4.2%

Born Overseas

32.0%

Dwelling Mix

Houses: 78%Units: 15%Townhouses: 7%Total: 1,150

Lifestyle & Community

Walkability65/100
Public Transport6/10
Schools Rating8/10
Safety8/10
Family Friendly9/10
Cafes & Restaurants

12

Parks

8

Hospitals

2

Distance to CBD

18.0 km

Nearest Station: Kogarah Station

Relaxed waterside living with picnicking, water sports, community events, and easy access to parks and recreational facilities along Kogarah Bay.

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Data sourced from multiple sources. Last updated 27 March 2026.

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