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Arakoon has 321 properties. Over the last 5 years, Houses in Arakoon have seen a 75.35% increase in median value, while Units have seen a 59.61% increase. As at 31 October 2024:
The size of Arakoon is approximately 24.9 square kilometres. It has 4 parks covering nearly 93.5% of total area. The population of Arakoon in 2011 was 513 people. By 2016 the population was 406 showing a population decline of 20.9% in the area during that time. The predominant age group in Arakoon is 60-69 years. Households in Arakoon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Arakoon work in a trades occupation. In 2011, 84.5% of the homes in Arakoon were owner-occupied compared with 84.2% in 2016.
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Population 406
0-9
5%
10-19
9%
20-29
6%
30-39
4%
40-49
12%
50-59
21%
60-69
23%
70-79
11%
80-89
5%
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Last Updated: 03/12/2024