Carroll NSW 2340
Carroll is in Gunnedah LGA, NSW, postcode 2340, with population 305.
Strong evidence
Carroll has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Gross rent yield screens at about 12.3%. Postcode-derived rent for 2340. Multiple suburbs can share this rental market signal.
Open matching rent ranking →24 latest-year approvals in Gunnedah, +0.0% YoY; population +0.7% YoY (0.7% 5yr).
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QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
Manual release files parsed into suburb prices
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Rent-led investor candidate
Gross rent yield screens at about 12.3%. Snapshot rent $450/wk.
Postcode-derived rent for 2340. Multiple suburbs can share this rental market signal.
Carroll has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
Property prices, Market rent, Crime, Schools
No fallback or lower-precision signals flagged.
Hospitals
Carroll currently reads as a income-first candidate with a affordability-first secondary angle.
Gross yield screens at about 12.3%. Entry price sits in the lower-cost range for a first-pass screen. Small local population makes the signal set more fragile.
Compare it against one challenger, then use the AU calculator to model the financial case.
Gross yield screens at about 12.3%. Entry price sits in the lower-cost range for a first-pass screen. Transport coverage adds a practical access signal.
Small local population makes the signal set more fragile.
No decisive evidence gap was detected from the current inputs.
Compare-ready
- Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
- Investors want to know whether rent, yield, and affordability broadly support the suburb story.
- Researchers want one place that ties property, demographics, transport, and services together.
Price history
Full data detail
Carroll NSW
Carroll is a quiet locality in New South Wales within the Gunnedah local government area (postcode 2340). With a population of 305, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $79K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, labourers, technicians & trades. Employment in the area leans toward agriculture and mining. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Carroll is $190,000, having grown strongly 5.6% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 12.3%. The median monthly mortgage repayment is $988.
Carroll is served by 1 school, including 1 primary. The average ICSEA score is 987, which is around the national average of 1,000. Public transport access includes 16 bus stops. The crime rate in the Gunnedah LGA is moderate at 6,777 incidents per 100,000 population.
From an investment perspective, Carroll offers a gross rental yield of 12.3%, rated as high yield. Property prices sit below the state median ($190K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.4x is considered affordable. House prices have moved +5.6% year-on-year. Population growth of +0.7% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Carroll is a quiet locality in New South Wales within the Gunnedah local government area (postcode 2340). With a population of 305, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $79K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, labourers, technicians & trades. Employment in the area leans toward agriculture and mining. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Carroll is $190,000, having grown strongly 5.6% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 12.3%. The median monthly mortgage repayment is $988.
Carroll is served by 1 school, including 1 primary. The average ICSEA score is 987, which is around the national average of 1,000. Public transport access includes 16 bus stops. The crime rate in the Gunnedah LGA is moderate at 6,777 incidents per 100,000 population.
From an investment perspective, Carroll offers a gross rental yield of 12.3%, rated as high yield. Property prices sit below the state median ($190K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.4x is considered affordable. House prices have moved +5.6% year-on-year. Population growth of +0.7% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Carroll FAQ
Common questions-
What LGA is Carroll in?
Carroll is in the Gunnedah Local Government Area, NSW, postcode 2340. Council-level context for Gunnedah LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
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What is the median house price in Carroll?
The current median house price in Carroll, NSW is $190K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
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What is the typical weekly rent in Carroll?
The median weekly rent in Carroll is $450/wk, based on the current market rent dataset. The current rent signal is rent-led investor candidate.
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What does the rent signal say about Carroll?
Rent-led investor candidate: Gross rent yield screens at about 12.3%. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
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Is Carroll a good investment?
QuickProperty's investment signals for Carroll show: High Yield, Below Median, Affordable. These are computed from price, rent, income, and population data — not an opaque score.
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Where does QuickProperty get its data for Carroll?
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
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How often is the Carroll data updated?
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.