Is CARROLL a good suburb for positive geared property investment in Australia?

CARROLL in NSW currently features property rental yields up to 5.9% with a 12-month capital growth value of Down -21.9%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in CARROLL 2340?

The median house price in CARROLL 2340 is approximately $187,500 based on the latest tracked market indices.

Investment Spotlight • Australia

CARROLL 2340

State: NSW

Updated: 5 August 2026

PosiProp AI Investment Summary

CARROLL (NSW 2340) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.9% and has experienced a 12-month capital growth of Down -21.9%, with a median house buy price of $187,500. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$117,500

Down -36.5% 6.0% Yield

3 house • buy

$450,000

Up 65.1% 5.5% Yield

4 house • buy

–

Not available 4.7% Yield

all house • buy

$187,500

Down -21.9% 5.9% Yield

Suburb Market Profile

Last month Carroll had 2 properties available for rent and 2 properties for sale. Median sold prices over the last year is $187,500 for houses. If you are looking for an investment property, consider houses in Carroll rent out for $420 PW with an annual rental yield of 5.9%. Carroll has seen an annual compound growth rate of -21.9% for houses.

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