The size of Karoola is approximately 32.1 square kilometres. It has 2 parks. The population of Karoola in 2011 was 488 people. By 2016 the population was 313 showing a population decline of 35.9% in the area during that time. The predominant age group in Karoola is 50-59 years. Households in Karoola are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Karoola work in a professional occupation. In 2011, 87% of the homes in Karoola were owner-occupied compared with 89.8% in 2016.
Karoola has 181 properties. Over the last 5 years, Houses in Karoola have seen a 77.64% increase in median value. As at 31 October 2024:
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