Carwoola, NSW 2620

Snowy Monaro Regional CouncilAll suburbs in postcode 2620

Updated

Median house price

$1,630,000

+5.2% over the past year.

Median of 13 house sales · NSW Valuer General · calendar 2025

Selling in Carwoola?

Get the free selling guide, personalised to Carwoola, or ask for a free appraisal from a local agent.

Carwoola at a glance

Weekly rent
$695
Houses · units $433
Population
1,602
Median age 44

Rent: NSW rental bond data (postcode 2620), June 2026 · Population: 2021 Census

House prices in Carwoola

Houses change hands at $1,630,000 on a typical sale, above the NSW median (13 house sales, NSW Valuer General, calendar 2025). The 12-month picture is one of steady growth (+5.2%).

For sellers

Twelve-month growth is +5.2%, supporting confident pricing at the upper end of recent comparables.

Work out your selling costs

For buyers

A 20% deposit on the median house works out to roughly $326,000. Prices sit above the NSW median, so plan for a stretched deposit and shop carefully on borrowing capacity.

See what you can borrow

Rental data as of June 2026· NSW rental bond data (postcode 2620)

Free appraisal in Carwoola

What’s your home worth in Carwoola?

Ask us to introduce one participating agent who sells in your area for an appraisal backed by recent comparable sales. Only with your permission, and no commitment to list.

What to know about Carwoola

Carwoola (2620) sits in the Snowy Monaro region of NSW. The median house here is $1,630,000, above the NSW median of around $1.10M. Prices have moved +5.2% over the past year, ahead of the NSW average (3%).

Carwoola has roughly 1,602 residents, with an established, older skew. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.

What it’s like to live here

Carwoola scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.

Summer days here average around 28°C (warm), winter mornings around 0°C (cold). Annual rainfall lands at about 612 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).

Schooling within or near the suburb covers 8 government primary, 5 government secondary, 3 Catholic, 2 independent.

Schools in Carwoola

Schools serving Carwoola: government first, then Catholic and independent.

Government schools

Queanbeyan East Public School

K-6Co-edGovernment
Catchment

Queanbeyan Public School

K-6Co-edGovernment
Catchment

Queanbeyan South Public School

K-6Co-edGovernment
Catchment

© ACARA, licensed under CC BY 4.0.

Location

Walkability

Walk
0/100
Transit
0/100
Bike
0/100

Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).

Walkability data as of May 2026· OpenStreetMap

Demographics

The 2021 Census put Carwoola's population at 1,602, with a median age of 44. That sits as an established, older skew. Households are predominantly owner-occupied (91% own, 6% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (84% family households, 14% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.

Family households
84%
Lone person
14%
Owner occupied
91%
Renter occupied
6%

Demographics data as of May 2026· ABS 2021 Census

Investment overview

Gross rental yield on houses sits at 2.22% (median rent $695/wk against a $1,630,000 price tag). Renter share is modest (6%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs. The 12-month growth of +5.2% adds a capital-growth case on top of the yield.

Gross yield, housesSource: NSW Valuer General (PSI) · Sept 2026
2.22%
On the $1,630,000 median
12-month change, housesSource: NSW Valuer General (PSI) · Sept 2026
+5.2%

Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.

Crime and safety

20 offences recorded in 2026

Top offence categories
Assault6 (30.0%)
Malicious damage to property6 (30.0%)
Theft2 (10.0%)
Disorderly conduct2 (10.0%)
Drug offences1 (5.0%)

Source: State Police Open Data

Crime data as of January 2026

Weather year-round

Annual rainfall
612 mm
Hottest month, avg max
27.8°C
Coldest month, avg min
-0.3°C
Rainfall by month
J
F
M
A
M
J
J
A
S
O
N
D

Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.

Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations

Questions about Carwoola

What is the median house price in Carwoola?
The median house price in Carwoola, NSW 2620 is $1,630,000 (median of 13 house sales recorded by the NSW Valuer General in calendar 2025). Annual growth is +5.2%.
How much is my house worth in Carwoola?
A useful starting point is the Carwoola median house price of $1,630,000. Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
Is Carwoola a good investment?
On the published figures, the gross rental yield on houses in Carwoola is 2.2%: the median weekly house rent is $695 (NSW rental bond data (postcode 2620), June 2026) against the median house price of $1,630,000 (NSW Valuer General, calendar 2025). The median house price rose 5.2% over 12 months on the same NSW Valuer General figures. Whether Carwoola is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
What is the Carwoola postcode?
Carwoola is in the 2620 postcode, in NSW, in the Snowy Monaro Regional Council region.
Where is Carwoola?
Carwoola is a suburb in the Snowy Monaro Regional Council area, NSW 2620.
What is the average rent in Carwoola?
The median weekly rent for houses is $695, for units it's $433.
What schools are in Carwoola?
There are 20 schools serving Carwoola on this page, including Queanbeyan East Public School, St Gregory's Primary School, Queanbeyan Public School.
How walkable is Carwoola?
Carwoola has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
What suburbs are near Carwoola?
Carwoola is close to Burbong, Yarrow, The Ridgeway, Ridgeway, Greenleigh.
What is the population of Carwoola?
The population of Carwoola is approximately 1,602 (2021 Census). The median age is 44.

Selling in Carwoola? Get the free selling guide

What selling costs, how agents price homes, what to ask them and a 12-week plan to settlement, personalised to Carwoola. A free PDF, in about a minute.

Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data

How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.