2/39 Gannons Rd · Caringbah NSW 2229

Rent evidence — asking vs transacted, Caringbah · postcode 2229

$872–$1124/wk is what 3-bed units in 2229 actually transact for (middle half of 36 bonds lodged, last 12 mo · median $985/wk — NSW Fair Trading, CC BY).

2019Q1 → 2026Q2: $460 → $690/wk · +9% over the last 12 months (latest four quarters averaged against the previous four) — quarterly new-tenancy medians for units in 2229, all bedroom counts pooled.

Asking rents are what agents hope for; bond figures are what tenants actually signed at (NSW Fair Trading bond lodgements, CC BY). No yield % is derived here: each rent above is a different grain from this home's price, and a ratio of two grains reads as precision it doesn't have. New-tenancy rents run hotter than sitting rents. Not financial advice.

Growth trend — Caringbah units at auction

Not enough Caringbah unit auctions on record to show a trend — this fills in as the archive grows.

Suburb-level, from published auction results. No single building has enough sales for a block-level series, so this is the honest grain; sales-mix shifts move raw medians, and the measured rate (when shown) controls for bed count.

Published auction results at this address

From Domain's published weekly auction results — individual outcomes as published; withheld prices stay withheld.

⏭ It passed in — what happens next — the question the listing stops at

Across Sydney, homes that passed in and later sold went for about 6% less than comparable homes that sold under the hammer.

Half sold within 33 days, 76% within three months.

Like-for-like within bedroom and property-type groups · 63 comparison groups across Sydney, sales settled in the last two years. Based on passed-in homes that later sold. Homes that never sold aren't in the figure, so read this as what a sale fetches — not what the home is worth. Passing in is a negotiating position, not a verdict — this is evidence about outcomes, never advice on what to offer.

Construction risk — what no listing tells you

Building Commission NSW / Strata Community Association 2023 Strata Defects Survey: 53% of newly registered strata buildings reported at least one serious defect in common property (39% in the 2021 survey). Defects are common, not exceptional — and new does not mean safe (Opal Tower was under a year old).

Get an independent structural and strata inspection before you commit — the defect base rate makes it the single highest-value dollar in the purchase.

We cannot see inside a building — no one can from public records. This section states base rates and observable adjacency only, and will never call a building safe.

The building — its registered strata scheme

Strata plan SP44593 registered 1993 — the building is at least 33 years old · 6 lots in the scheme (small scheme — levies and decisions shared among few owners).

Registration is an age floor, not a build date — a converted building is older than its strata plan. Scheme records from the NSW Strata Hub. © State of New South Wales (Spatial Services, a business unit of the Department of Customer Service NSW). For current information go to spatial.nsw.gov.au.

School catchments

Caringbah NPS (primary) · Woolooware HS (secondary)

5 primary schools within 2 km · ICSEA ~1071 — the socio-educational advantage of the school community (My School, national average ~1000): a demographic measure, never a results or quality score.

Suburb-centre approximation for Caringbah — addresses near a boundary can differ. Verify the exact address at School Finder. Intake zones cover government schools only.