16 Solveig Crescent

Kareela NSW 2232

The size of Kareela is approximately 1.7 square kilometres. It has 14 parks covering nearly 26.4% of total area. The population of Kareela in 2011 was 3,324 people. By 2016 the population was 3,460 showing a population growth of 4.1% in the area during that time. The predominant age group in Kareela is 40-49 years. Households in Kareela are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Kareela work in a professional occupation. In 2011, 92.8% of the homes in Kareela were owner-occupied compared with 94% in 2016.

Kareela has 1,327 properties. Over the last 5 years, Houses in Kareela have seen a 58.91% increase in median value, while Units have seen a 44.08% increase. As at 31 August 2024:

• The median value for Houses in Kareela is $1,657,738 while the median value for Units is $1,089,085.
• Houses have a median rent of $1,050 while Units have a median rent of $590.