Karrakup (postcode 6122) is a small, quiet locality in Western Australia within the Serpentine-Jarrahdale local government area. With a population of 172, the suburb has a mature demographic with a median age of 47. Households earn a median income of $102K per year, with an average household size of 2.6 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +4.5% year-on-year at the LGA level. WA employment has moved +1.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. WA also had 31 Commonwealth-backed major projects under construction, 7 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, technicians & trades, clerical & administrative. Employment in the area leans toward accommodation & food and agriculture. The top ancestries reported are English, Australian, Irish.
The median weekly rent is $197 (Census 2021). The median monthly mortgage repayment is $2,059.
Looking at the investment signals, Population growth of +4.5% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.