Karama Suburb Profile
Northern Territory 0812

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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.
There are currently 4 properties listed for sale, and 6 properties listed for rent in Karama on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Karama.

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.

Suburb Insights for KARAMA 0812

Market Insights
Karama Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Karama Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 4,927

0-9

 

15%

10-19

 

16%

20-29

 

14%

30-39

 

16%

40-49

 

14%

50-59

 

14%

60-69

 

8%

70-79

 

3%

80-89

 

1%

Household Structure
Occupancy

Last Updated: 18/11/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.