18 Wearing Crescent

Karama NT 0812

The size of Karama is approximately 2.1 square kilometres. It has 15 parks covering nearly 6.3% of total area. The population of Karama in 2011 was 4,844 people. By 2016 the population was 4,927 showing a population growth of 1.7% in the area during that time. The predominant age group in Karama is 10-19 years. Households in Karama are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karama work in a professional occupation. In 2011, 59.2% of the homes in Karama were owner-occupied compared with 57.6% in 2016.

Karama has 1,754 properties. Over the last 5 years, Houses in Karama have seen a 9.77% increase in median value, while Units have seen a 26.22% increase. As at 31 October 2024:

• The median value for Houses in Karama is $451,635 while the median value for Units is $270,250.
• Houses have a median rent of $570 while Units have a median rent of $450.