55 Elaine Street

Karalee QLD 4306

The size of Karalee is approximately 15.6 square kilometres. It has 11 parks covering nearly 5.3% of total area. The population of Karalee in 2011 was 3,683 people. By 2016 the population was 4,350 showing a population growth of 18.1% in the area during that time. The predominant age group in Karalee is 10-19 years. Households in Karalee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karalee work in a professional occupation. In 2011, 90.9% of the homes in Karalee were owner-occupied compared with 86.8% in 2016.

Karalee has 2,218 properties. Over the last 5 years, Houses in Karalee have seen a 83.32% increase in median value, while Units have seen a 132.61% increase. As at 31 October 2024:

• The median value for Houses in Karalee is $1,002,590 while the median value for Units is $874,922.
• Houses have a median rent of $585.