Caragabal (postcode 2810) is a small, quiet locality in New South Wales within the Weddin local government area. It is home to about 174 residents, with an established demographic and a median age of 42. Households earn a median income of $67K per year, with an average household size of 2.5 people. Recent annual estimates show population movement softening across the broader catchment, with population growth running at -1.2% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, labourers. Employment in the area leans toward agriculture and education. The top ancestries reported are Australian, English, Irish.
Median house prices in Caragabal stand at $110,000, having fallen sharply by 51.1% over the last twelve months. The current median weekly rent is $250. This gives a gross rental yield of approximately 11.8%. The median monthly mortgage repayment is $542.
Caragabal is served by 1 school, including 1 primary. The average ICSEA score is 986, which is around the national average of 1,000. Public transport access includes 1 rail station, 12 bus stops. The crime rate in the Weddin LGA is below average at 2,882 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 11.8% (high yield). Property prices sit below the state median ($110K/$1.5M), which can point to relative value. The price-to-income ratio of 1.6x is considered affordable. House prices have moved -51.1% year-on-year. Population growth of -1.2% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.