Karratha Industrial Estate (postcode 6714) is a small, quiet locality in Western Australia within the Karratha local government area. With a population of 163, the suburb has a settled mid-life population with a median age of 39. Households earn a median income of $105K per year, with an average household size of 1.6 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.2% 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 technicians & trades, labourers, machinery operators & drivers. Employment in the area leans toward construction and accommodation & food. The top ancestries reported are English, Australian, Irish.
The median weekly rent is $450 (Census 2021). The median monthly mortgage repayment is $867.
On the investment side, Population growth of +2.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.