KARINGAL CENTRE
Investor score
61
Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.
Median price
$1,170,000
VIC Gov · 2025
Rent yield
1.6%
computed from govt data
Annual growth
0.9%
annualised from govt data
Vacancy rate
2.3%
modelled estimate
AI insights for KARINGAL CENTRE
Investment analysis, risks & comparisons
KARINGAL CENTRE shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.
Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.
Median rent
$350/wk
DFFH Moving Annual Rent · Sep 2025
Demand change
+3.4%
annual shift
Yield × growth index
1.2
combined signal
Net yield (est.)
2.72%
after mgmt, rates, insurance, maintenance
5-yr growth (CAGR)
+6.3%
est. compound, long-run avg
10-yr growth (CAGR)
+4.5%
est. compound, long-run avg
Rental demand
53 / 100
Moderate demand
Supply pipeline
Real1.4%
new dwellings approved / stock · ABS 2024-25
Low supply pressure
5-year price history
Source: VIC Gov · 2025 · all sources
Market overview
KARINGAL CENTRE is a metropolitan VIC suburb with moderate capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.
Highlights
- Metro VIC suburb with strong infrastructure and transport
- Rental yield 1.6% with stable tenant demand
- Access to national transport network and amenities
Risk factors
- High entry price may limit buyer pool
- Below-average growth — limited capital appreciation signal
- Subject to broader interest rate and economic conditions
Community profile
Source: ABS Census 2021 · ATO 2022–23Median household income
$1,522/wk
$81k taxable p.a.
Renters
31.9%
64.4% owner-occupier
Median age
40.0 yrs
Unemployment
3.2%
Population growth
+2.6% p.a.
Investor-owned
11.0%
of all dwellings (ATO)
Houses
64%
22% apartments
Degree qualified
46.1%
bachelor's or higher (ABS)
Work from home
27.6%
of employed residents (ABS Census)
Median lot size
580 m²
Standard block
Household size
2.4 persons
avg per dwelling (ABS Census)
Short-term rental
6.6%
Some Airbnb activity
Market activity
Distance to CBD
41.7 km
Regional
Days on market
33 days
Normal turnover
Auction clearance
65.7%
Strong demand
Walkability
63 / 100
Very walkable
Coastal proximity
12.6 km
Coastal fringe
NBN technology
FTTCGood — fibre to curb
Population density
1,470/km²
Suburban
Schools in postcode 3199
🏫Primary (12)
Derinya Primary School
Government · Yrs Prep-6
Overport Primary School
Government · Yrs Prep-6
St Augustine's School
Catholic · Yrs Prep-6
St John's School
Catholic · Yrs Prep-6
Frankston Heights Primary School
Government · Yrs Prep-6
St Francis Xavier School
Catholic · Yrs Prep-6
Kingsley Park Primary School
Government · Yrs Prep-6
Frankston Primary School
Government · Yrs Prep-6
Karingal Primary School
Government · Yrs Prep-6
Ballam Park Primary School
Government · Yrs Prep-6
Karingal Heights Primary School
Government · Yrs Prep-6
Frankston East Primary School
Government · Yrs Prep-6
🎓Secondary (4)
Frankston High School
Government · Yrs 7-12
John Paul College
Catholic · Yrs 7-12
Mount Erin Secondary College
Government · Yrs 7-12
McClelland Secondary College
Government · Yrs 7-12
⭐Special (3)
David Scott School
Independent · Yrs 10-12
Frankston Special Developmental School
Government · Yrs U
Naranga School
Government · Yrs U
ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.
Liveability & safety
Safety index
High crime13.1 offences / 100 persons
Source: VIC Crime Statistics Agency · Dec 2025
School quality
Average19 schools in postcode area
Source: ACARA My School 2025
Transit access
LimitedSource: State GTFS feeds
Gentrification signal
45
/ 100
Moderate indicators of demographic change. Young professionals, rising degree rates, and reasonable transit suggest gradual improvement.
Composite: education premium · youth cohort · rental activity · price gap · transit quality
Environmental risk
Flood risk
Source: State GIS flood zone data
Bushfire risk
Source: CFA / RFS / DFES zone data
Storm risk
Coastal exposure + state climate
Live suburb intelligence
Fetching live data…Location
Properties in KARINGAL CENTRE
View listingsLocal professionals
Connect with agents and building inspectors who operate in KARINGAL CENTRE. Ask about off-market opportunities, rental appraisals, or arrange a building inspection.
Sign in to contact local professionals
Create a free account to message agents and inspectors directly.
Premium feature
Full suburb intelligence is available to Premium subscribers. Unlock unlimited research, scoring, and market signals.
Upgrade to Premium