The size of Carrabolla is approximately 215.1 square kilometres. It has 4 parks covering nearly 57.1% of total area. The population of Carrabolla in 2006 was 255 people. By 2011 the population was 216 showing a population decline of 15.3% in the area during that time. The predominant age group in Carrabolla is 50-59 years. Households in Carrabolla are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Carrabolla work in a managers occupation. In 2006, 65.6% of the homes in Carrabolla were owner-occupied compared with 71.8% in 2011..
Carrabolla has 50 properties. Over the last 5 years, Houses in Carrabolla have seen a -1.14% decrease in median value. As at 31 October 2024:
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