Carrington, NSW, 2294
Built on an island between the Hunter River and Throsby Creek, Carrington is physically separated from the rest of the Newcastle LGA, giving it a unique small-town charm. Located a mere 3km from the Newcastle CBD, Carrington is bordered by Throsby Creek to the west and south, the Hunter River to the east and Tighes Hill to the north.
This small inner-city suburb is home to approximately 2,000 people, with young professionals making up close to 30% of local residents. The average weekly income in Carrington is just over $1,000 and the standard monthly mortgage repayment sits at $1,733 per month. The median age is 33 and the median size of each household is 2.2 persons.
There is high demand for property in Carrington, given its convenient inner-city location and ongoing revitalisation. Houses have delivered strong annual growth of 9.52% over the long term, while units continue to outperform houses in the rental market, returning a median yield of 4.07% for investors. Carrington represents a great choice for those looking to buy, invest or sell.
Median house price - $665,000
Median unit price - $625,500
Median weekly house rental price - $440
Median weekly unit rental price - $490
Median house rental yield - 3.45%
Median unit rental yield - 4.07%
12 month growth (houses) - 25.25%
12 month growth (units) - 5.66%
Average long-term growth (houses) - 9.52%
Averaged long-term growth (units) - 4.61%
Carrington’s charm lies in its unique position as an inner-city suburb, separated from the city. Bounded on three sides by water, the suburb is popular with buyers wanting the convenience of living close to the city, while still enjoying the benefits of small town life. To appeal to these buyers, create an inviting entrance to your home. Make a splash with colour, cultivate a welcoming garden and add character to your front entrance, to invite buyers in.
The majority of property in Carrington is made up of detached houses, many of which feature period architecture and historic charm. Embrace the history of your property, and appeal to more buyers, by highlighting period and heritage features in your home. Repaint ceiling roses and ornate cornices, highlight original fireplaces, refurbish traditional hardwood floors and make a feature of dado boards and picture rails.
Buyers are looking for properties that provide flexible spaces, where they can relax, entertain, work and play. Maximise the selling price for your property by highlighting flexible spaces in your home. Stage rooms so it’s clear they can be used in multiple ways. For instance, set up your living room with a desk under the window and a recliner to the side to demonstrate the room’s versatility as a place of work, entertaining and relaxation.
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Public |
Catholic |
Independent |
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Carrington PS Newcastle HS |
St Peter’s Stockton St Joseph’s Merewether St Columban’s Mayfield San Clemente (7-10) St Francis Xavier (11-12) |
Newcastle Grammar School St Philip’s Christian College Hunter Christian School |
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Medical |
Clubs |
Pubs |
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Hamilton Doctors Hunter St Medical Centre Marketown Health Denison Practice Cooks Hill Medical Centre |
Carrington Bowling Club Newcastle Rowing Club Newcastle Cruising Yacht Club |
Seven Seas Hotel Criterion Hotel Carrington Place |
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Landmarks |
Parks |
Supermarkets |
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Port of Newcastle Throsby Creek Carrington Foreshore Hunter River |
Carrington Foreshore Coe Park Connolly Park Grahame Park Honeysuckle Reserve Pat Jordan Oval |
Carrington Grocer Junction Fair Shopping Centre Marketown Shopping Centre |
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