The size of Karara is approximately 353.1 square kilometres. It has 1 park covering nearly 17.1% of total area. The population of Karara in 2011 was 279 people. By 2016 the population was 115 showing a population decline of 58.8% in the area during that time. The predominant age group in Karara is 50-59 years. Households in Karara are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Karara work in a managers occupation. In 2011, 75.7% of the homes in Karara were owner-occupied compared with 70.5% in 2016..
Karara has 98 properties. Over the last 5 years, Houses in Karara have seen a 177.29% increase in median value. As at 30 September 2024:
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