Karridale is a small, quiet locality in Western Australia within the Augusta Margaret River local government area (postcode 6288). The area has roughly 317 residents and an older-leaning population, with a median age of 48. Households earn a median income of $71K per year, with an average household size of 2.5 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.5% year-on-year at the LGA level. WA employment has moved +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, labourers, technicians & trades. Employment in the area leans toward agriculture and education. The top ancestries reported are English, Australian, Irish.
Median house prices in Karridale stand at $930,000, having risen steeply by 24% over the last twelve months. The median weekly rent is $300 (Census 2021). This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,758.
Karridale is served by 1 school, including 1 primary. The average ICSEA score is 993, which is around the national average of 1,000. Public transport access includes 1 bus stop.
On the investment side, The gross rental yield works out to roughly 1.7%, which reads as low yield. Property prices are near the state median ($930K/$1.0M). The price-to-income ratio of 13.2x is considered stretched. House prices have moved +24.0% year-on-year. Population growth of +3.5% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.