Karakin Suburb Profile
Western Australia 6044

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Karakin has 355 properties. Over the last 5 years, Houses in Karakin have seen a 71.95% increase in median value, while Units have seen a 416.75% increase. As at 31 August 2024:

  • The median value for Houses in Karakin is $635,131 while the median value for Units is $369,933.
There are currently 4 properties listed for sale, and no properties listed for rent in Karakin on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Karakin.

The size of Karakin is approximately 141.1 square kilometres. It has 3 parks covering nearly 4.5% of total area. The population of Karakin in 2011 was 388 people. By 2016 the population was 232 showing a population decline of 40.2% in the area during that time. The predominant age group in Karakin is 60-69 years. Households in Karakin are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Karakin work in a trades occupation. In 2011, 86.8% of the homes in Karakin were owner-occupied compared with 94.2% in 2016.

Suburb Insights for KARAKIN 6044

Market Insights
Karakin Trends for Houses
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Karakin Trends for Units
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age

Population 232

0-9

 

6%

10-19

 

16%

30-39

 

9%

40-49

 

10%

50-59

 

18%

60-69

 

29%

70-79

 

8%

Household Structure
Occupancy

Last Updated: 05/10/2024

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.