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Karangi
NSW, 2450 - Coffs Harbour

Thinking about buying in Karangi? Now could not be a better time, with just 260 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,038,000 with prices in this suburb ranging from $387,000 to $1,917,000. Karangi is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $382.56
Median Monthly Mortgage $1832.89
Median Persons Per Bedroom 0.81
Average Household Size 3.00
Average Age 43.22
Average Income $719.89
Average Cars Per Dwelling 2.32
Average Properties Within 50M 1

Housing Stock

Average Property Prices

1 Bed  $1,012,000
2 Bed  $796,000
3 Bed  $984,000
4 Bed  $1,120,000
5 Bed  $1,364,000
6 Bed+$1,216,000

Karangi Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Karangi 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. Low average earnings from people in Karangi leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Karangi the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Karangi

OneAgency 171 MASTONS RD, KARANGI, NSW, 2450 Beds3 Bathrooms1 Parking 0 Auction

Local Schools

Karangi Public School

Coramba Public School

(While the above schools are located with the suburb of Karangi there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Karangi weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan4.020.828.860.088.65.224.1
Feb10.520.128.160.891.24.519.3
Mar11.918.926.763.192.54.515.8
Apr4.315.224.756.492.53.814.9
May3.01222.652.992.23.412.3
Jun3.39.820.154.091.53.711.0
Jul1.17.720.247.392.93.412
Aug1.78.021.243.092.03.715.2
Sept2.111.322.946.790.24.517.7
Oct3.514.024.153.890.74.620.7
Nov1.216.526.549.887.55.124.9
Dec6.519.027.457.988.55.223.0

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

25-03-2024 $1,225,000 263 SHEPHARDS LANE
31-10-2023 $550,000 771 CORAMBA RD
24-05-2023 $200,000 570 CONVINCING GROUND RD
04-05-2023 $880,000 23 MASTONS RD
06-05-2022 $835,000 1163 CORAMBA RD
03-03-2022 $600,000 992 CORAMBA RD
18-02-2022 $935,000 189 MASTONS RD
01-12-2021 $1,400,000 955 CORAMBA RD
20-08-2021 $595,000 769 CORAMBA RD
29-06-2021 $650,000 169 MASTONS RD
04-11-2020 $865,000 122 MASTONS RD
30-03-2020 $1,290,000 280 UPPER ORARA RD
26-02-2020 $535,000 65 UPPER ORARA RD
19-06-2019 $585,000 85 UPPER ORARA RD
14-06-2019 $985,000 74 MASTONS RD
17-05-2019 $800,000 10 MOUNT BISHOP RD
11-04-2019 $620,000 3 POPERAPERAN CREEK RD
28-02-2019 $560,000 48 MOUNT BISHOP RD
20-02-2019 $526,000 849 CORAMBA RD
29-01-2019 $875,000 854 CORAMBA RD
07-11-2018 $530,000 769 CORAMBA RD
31-05-2018 $270,000 1019 CORAMBA RD
14-02-2018 $850,000 1184 CORAMBA RD
04-10-2017 $399,000 992 CORAMBA RD
29-09-2017 $750,000 138 MASTONS RD
18-08-2017 $672,500 53 MOUNT BISHOP RD
24-07-2017 $960,000 177 MASTONS RD
15-05-2017 $735,000 1096 CORAMBA RD
06-04-2017 $835,000 147 UPPER ORARA RD
18-01-2017 $825,000 131 MASTONS RD
01-06-2016 $388,000 156 UPPER ORARA RD
05-04-2016 $500,000 1023 CORAMBA RD
18-03-2016 $540,000 200 MASTONS RD
09-02-2016 $365,000 992 CORAMBA RD
27-11-2015 $464,000 199 MASTONS RD
20-11-2015 $443,000 105 POPERAPERAN CREEK RD
29-09-2015 $465,000 91 POPERAPERAN CREEK RD
21-09-2015 $271,000 269 UPPER ORARA RD
26-06-2015 $500,000 1142 CORAMBA RD
06-03-2015 $600,000 1150 CORAMBA RD
04-02-2015 $640,000 149 HARTLEYS RD
22-01-2015 $700,000 9 UPPER ORARA RD
09-12-2014 $780,000 86 HARTLEYS RD
25-11-2014 $289,000 246 UPPER ORARA RD
09-09-2014 $632,000 1184 CORAMBA RD
12-05-2014 $380,000 1159 CORAMBA RD
24-04-2014 $565,000 111 CONVINCING GROUND RD
25-03-2014 $440,000 199 MASTONS RD
28-02-2014 $585,000 28 MOUNT BISHOP RD
26-02-2014 $950,000 1007 CORAMBA RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

CorambaKororaNorth Boambee ValleySapphire BeachUpper OraraCoffs HarbourBuccaBoambeeMoonee BeachBoambee East

Public Transport


General Points of Interest

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