Carabooda WA

Postcode 6033 · Wanneroo LGA

Carabooda is a quiet locality in Western Australia within the Wanneroo local government area (postcode 6033). With a population of 444, the suburb has an established demographic with a median age of 44. Households earn a median income of $120K per year, with an average household size of 3.1 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.

The median house price in Carabooda is $1.2 million, having dropped significantly 17.2% over the past year. The current median weekly rent is $700. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,600.

From an investment perspective, Carabooda offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are near the state median ($1.2M/$951K). The price-to-income ratio of 10.0x is considered stretched. House prices have moved -17.2% year-on-year.

INVESTMENT SIGNALS
Rental Yield3.0% Moderate Yield
Price vs State$1.2M/$951K Near Median
Affordability10.0x Stretched
Price Momentum-17.2% Falling
INCOME (ATO 2022-23)
Median Income$56,444
Mean Income$72,772
Earners615
YoY Change+5.2%
SEIFA INDEX (ABS)
Advantage7/10
Education5/10
Economic10/10
Disadvantage8/10
MEDIAN HOUSE
$1.2M
-17.2% YoY
MEDIAN RENT /WK
$300
POPULATION
444
DEMOGRAPHICS
Median Age44
Household Size3.1
HH Income /wk$2,307
Personal Income /wk$693
Mortgage /mth$2,600
Data: 2023