Thinking about buying in Carool? Now could not be a better time, with just 133 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,640,000 with prices in this suburb ranging from $394,000 to $3,961,000. Carool is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Carool Real Estate Market Outlook

In Carool there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Carool is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Carool changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Carool to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Carool we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Carool a better buying opportunity than it may have been in the past.

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Recently Sold Properties / House Prices

15-05-2023	$1,125,000	739 CAROOL RD
27-05-2022	$1,925,000	35 COUGAL RD
14-02-2022	$395,000	6 / 309 CAROOL RD
14-05-2021	$950,000	519 CAROOL RD
17-02-2021	$1,900,000	141 BLISSETTS RD
17-04-2020	$2,200,000	429 CAROOL RD
20-03-2020	$1,900,000	750 CAROOL RD
20-12-2019	$1,600,000	119 BLISSETTS RD
30-08-2019	$1,400,000	403 CAROOL RD
22-08-2019	$570,000	92 MCDONALDS RD
30-01-2019	$720,000	134 BLISSETTS RD
12-12-2018	$1,235,000	416 CAROOL RD
02-03-2018	$1,810,000	119 BLISSETTS RD
14-06-2017	$675,000	272 CAROOL RD
31-03-2017	$801,000	356 CAROOL RD
22-12-2016	$385,000	192 URLIUP RD
14-11-2016	$1,000,000	271 CAROOL RD
15-09-2015	$605,000	512 CAROOL RD
30-07-2015	$405,000	348 CAROOL RD
23-03-2015	$675,000	712 CAROOL RD
06-12-2013	$350,000	429 CAROOL RD
08-10-2013	$818,000	84 MCDONALDS RD
15-07-2013	$800,000	416 CAROOL RD
08-04-2013	$510,000	512 CAROOL RD
04-03-2013	$626,000	8 BLISSETTS RD
30-11-2012	$297,000	2 / 309 CAROOL RD
06-11-2012	$380,000	30 MCDONALDS RD
19-10-2012	$470,000	384 CAROOL RD
07-09-2012	$650,000	434 CAROOL RD
19-06-2012	$1,030,000	695 CAROOL RD
22-08-2011	$325,000	571 CAROOL RD
16-04-2009	$518,000	739 CAROOL RD
27-03-2009	$875,000	712 CAROOL RD
14-04-2008	$550,000	364 CAROOL RD
10-12-2007	$585,000	389 CAROOL RD
06-12-2007	$400,000	84 MCDONALDS RD
13-11-2007	$600,000	444 CAROOL RD
19-10-2007	$995,000	8 BLISSETTS RD
14-08-2007	$500,000	512 CAROOL RD
31-05-2007	$1,325,000	89 MCDONALDS RD
28-09-2006	$590,000	502 CAROOL RD
16-11-2005	$417,000	272 CAROOL RD
15-07-2005	$418,000	633 CAROOL RD
01-06-2005	$800,000	84 MCDONALDS RD
16-02-2005	$700,000	513 CAROOL RD

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General Points of Interest

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