The size of Karabeal is approximately 69.9 square kilometres. The population of Karabeal in 2011 was 317 people. By 2016 the population was 16 showing a population decline of 95.0% in the area during that time. The predominant age group in Karabeal is 70-79 years. Households in Karabeal are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karabeal work in a managers occupation. In 2006, 11.1% of the homes in Karabeal were owner-occupied compared with 81.3% in 2011..
Karabeal has 40 properties. As at 30 September 2024:
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