Karnup WA

Postcode 6176 · Rockingham LGA

Karnup is a smaller suburb in Western Australia within the Rockingham local government area (postcode 6176). With a population of 2,096, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $110K per year, with an average household size of 3 people. The most common occupations are technicians & trades, community & personal service, managers. The top ancestries reported are English, Australian, Scottish.

The median house price in Karnup is $1.1 million, having surged 111.8% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,857.

Public transport access includes 1 bus stop.

From an investment perspective, Karnup offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.1M/$951K). The price-to-income ratio of 10.1x is considered stretched. House prices have moved +111.8% year-on-year.

INVESTMENT SIGNALS
Rental Yield2.8% Low Yield
Price vs State$1.1M/$951K Near Median
Affordability10.1x Stretched
Price Momentum+111.8% Rising
INCOME (ATO 2022-23)
Median Income$65,084
Mean Income$81,301
Earners1,505
YoY Change+4.9%
SEIFA INDEX (ABS)
Advantage6/10
Education3/10
Economic9/10
Disadvantage6/10
MEDIAN HOUSE
$1.1M
111.8% YoY
MEDIAN RENT /WK
$370
POPULATION
2,096
DEMOGRAPHICS
Median Age30
Household Size3
HH Income /wk$2,122
Personal Income /wk$895
Mortgage /mth$1,857
TRANSPORT
Bus Stops1
Data: 2024