Karrinyup is a mid-sized suburb in Western Australia within the Stirling local government area (postcode 6018). With a population of 9,886, the suburb has an established demographic with a median age of 41. Households earn a median income of $128K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Karrinyup is $1.3 million, having surged 16.6% over the past year. Units have a median price of $800,000 (+17.6% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,588.
Karrinyup is served by 5 schools, including 4 primary, 1 combined. The average ICSEA score is 1112, which is well above the national average of 1,000. Public transport access includes 66 bus stops.
From an investment perspective, Karrinyup offers a gross rental yield of 3.0%, rated as low yield. Property prices are above the state median ($1.3M/$951K), placing it in the premium segment. The price-to-income ratio of 10.2x is considered stretched. House prices have moved +16.6% year-on-year.
Karrinyup is a mid-sized suburb in Western Australia within the Stirling local government area (postcode 6018). With a population of 9,886, the suburb has an established demographic with a median age of 41. Households earn a median income of $128K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Karrinyup is $1.3 million, having surged 16.6% over the past year. Units have a median price of $800,000 (+17.6% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,588.
Karrinyup is served by 5 schools, including 4 primary, 1 combined. The average ICSEA score is 1112, which is well above the national average of 1,000. Public transport access includes 66 bus stops.
From an investment perspective, Karrinyup offers a gross rental yield of 3.0%, rated as low yield. Property prices are above the state median ($1.3M/$951K), placing it in the premium segment. The price-to-income ratio of 10.2x is considered stretched. House prices have moved +16.6% year-on-year.