KARINGAL
Investor score
57
Liveability score
43
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
Real$1,170,000
Verified research · 2026
Rent yield
Real1.6%
computed from govt data
Annual growth
Real0.9%
annualised from govt data
Vacancy rate
Est.1.6%
modelled estimate
AI insights for KARINGAL
Investment analysis, risks & comparisons
KARINGAL 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.
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Median rent
$350/wk
DFFH Moving Annual Rent · Sep 2025
Demand change
+3.0%
annual shift
Yield × growth index
1.2
combined signal
Net yield (est.)
1.93%
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
57 / 100
Strong demand
Supply pipeline
Real1.4%
new dwellings approved / stock · ABS 2024-25
Low supply pressure
5-year price history
Source: Verified research · 2026 · all sources
Market overview
KARINGAL 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
3.4%
Population growth
+2.6% p.a.
Investor-owned
11.0%
of all dwellings (ATO)
Houses
68%
22% apartments
Degree qualified
33.4%
bachelor's or higher (ABS)
Work from home
19.8%
of employed residents (ABS Census)
Median lot size
440 m²
Compact block
Household size
2.4 persons
avg per dwelling (ABS Census)
Short-term rental
5.6%
Some Airbnb activity
Market activity
Distance to CBD
41.7 km
Regional
Days on market
19 days
Fast-moving market
Auction clearance
65.7%
Strong demand
Walkability
63 / 100
Very walkable
Coastal proximity
12.6 km
Coastal fringe
NBN technology
HFCFast — fibre to node + coaxial
Population density
1,470/km²
Suburban
Schools in postcode 3199
🏫Primary (12)
Government · Yrs Prep-6 · Major Cities
Government · Yrs Prep-6 · Major Cities
Catholic · Yrs Prep-6 · Major Cities
Catholic · Yrs Prep-6 · Major Cities
Frankston Heights Primary School
Government · Yrs Prep-6 · Major Cities
Catholic · Yrs Prep-6 · Major Cities
Government · Yrs Prep-6 · Major Cities
Government · Yrs Prep-6 · Major Cities
Government · Yrs Prep-6 · Major Cities
Government · Yrs Prep-6 · Major Cities
Karingal Heights Primary School
Government · Yrs Prep-6 · Major Cities
Government · Yrs Prep-6 · Major Cities
🎓Secondary (4)
Government · Yrs 7-12 · Major Cities
Catholic · Yrs 7-12 · Major Cities
Government · Yrs 7-12 · Major Cities
Government · Yrs 7-12 · Major Cities
⭐Special (3)
Independent · Yrs 10-12 · Major Cities
Frankston Special Developmental School
Government · Yrs U · Major Cities
Government · Yrs U · Major Cities
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
36
/ 100
Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.
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
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