Karawara, WA 6152: Suburb Profile & Property Report

Market Report

House report
Unit Report

Karawara has 13 houses available for sale. The median property price for a house is currently $932,500 with annual capital growth of 26.87% . There were 16 house sales in the past 12 months. On average, houses spend 10 days on market.

If you're thinking about buying an investment property in Karawara, consider that rental yields for houses are currently 4.04% with an average median rent of $698 weekly. Houses have seen 2.38% growth in the past quarter, and 26.87% growth in the past 12 months.

The size of Karawara is approximately 1 square kilometres. It has 10 parks covering nearly 34.8% of total area. The population of Karawara in 2011 was 2,194 people. By 2016 the population was 2,073 showing a population decline of 5.5% in the area during that time. The predominant age group in Karawara is 20-29 years.

Households in Karawara are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Karawara work in a professional occupation. In 2011, 49% of the homes in Karawara were owner-occupied compared with 52.8% in 2016.

Karawara has 6 units available for sale. There were 1 unit sales in the past 12 months.

If you're thinking about buying an investment property in Karawara, consider that rental yields for units are currently 4.82% with an average median rent of $475 weekly.

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Key Market Data	House	Unit
Median price	$932,500	–
Quarterly growth	+2.38%	–
12-month growth	+26.87%	–
Average annual growth	+9.26%	–
Weekly median rent	$698	$475
Gross rental yield	4.04%	4.82%
Number of Sales (12m)	16	1
Avg. Days on Market (12m)	10	–

Jump to Market Trends

Key Demographics	2011	2016
Total population	2,194	2,073
Population change (5y)	+8.51%	-5.50%
Median household income (p/w)	$1,042	$1,296
Household income change (5y)	+11.32%	+24.38%
Median age of persons	27	28

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Karawara is $932,500 for houses.

The Median Growth in Karawara over the past 12 months is 26.87% for houses.

Over the past 12 months there were 16 houses sold and 1 units sold in Karawara. On average, houses spent 10 days on market.

In the past 12 months up to July 2024 there were 16 houses sold and 1 units sold in Karawara. On average, houses spent 10 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Karawara is $698 for houses and $475 for units.

The Rental Yield in Karawara is 4.04% for houses and 4.82% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Karawara was 2,073 in 2016, a -5.50% change compared to 2011.

The predominant age group in Karawara is 20-29 years.

The population of Karawara was 2,073 in 2016, a -5.50% change compared to 2011.

The predominant age group in Karawara is 20-29 years.

Most of the population in Karawara were born in Australia.

Most of the population in Karawara report their religion as No Religion.

Most of the population in Karawara report their income range as between $78,000 and $130,000 .

The median household income in Karawara was $1,296 in 2016, a +24.38% change compared to 2011.

Most of the population in Karawara report their income range as between $0 and $15,000 .

The median household income in Karawara was $1,042 in 2011, a +11.32% change compared to 2006.

Most of the population in Karawara work as Professional.

The chart below demonstrates the various levels of education in Karawara.

Most of the population in Karawara reached a qualification level of Bachelor.

2011 2016

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