Karratha is a quiet locality in Western Australia within the Karratha local government area (postcode 6714). With a population of 98, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $82K per year, with an average household size of 1.5 people. The most common occupations are professionals, managers, sales. The top ancestries reported are English, Australian, Scottish.
The median house price in Karratha is $530,000, having risen modestly 1% over the past year. Units have a median price of $400,000 (+17.6% YoY). The current median weekly rent is $610. This gives a gross rental yield of approximately 6.0%.
Karratha is served by 7 schools, including 5 primary, 2 secondary. The average ICSEA score is 945, which is below the national average of 1,000. Public transport access includes 2 bus stops.
From an investment perspective, Karratha offers a gross rental yield of 6.0%, rated as high yield. Property prices sit below the state median ($530K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 6.4x is considered moderate. House prices have moved +1.0% year-on-year.
Karratha is a quiet locality in Western Australia within the Karratha local government area (postcode 6714). With a population of 98, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $82K per year, with an average household size of 1.5 people. The most common occupations are professionals, managers, sales. The top ancestries reported are English, Australian, Scottish.
The median house price in Karratha is $530,000, having risen modestly 1% over the past year. Units have a median price of $400,000 (+17.6% YoY). The current median weekly rent is $610. This gives a gross rental yield of approximately 6.0%.
Karratha is served by 7 schools, including 5 primary, 2 secondary. The average ICSEA score is 945, which is below the national average of 1,000. Public transport access includes 2 bus stops.
From an investment perspective, Karratha offers a gross rental yield of 6.0%, rated as high yield. Property prices sit below the state median ($530K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 6.4x is considered moderate. House prices have moved +1.0% year-on-year.