All About Gap Ridge, Karratha, WA, 6714
Gapor Ridge, situated in Karratha, Western Australia, is an evolving residential and industrial area that has garnered attention for its unique housing market. Over recent years, the housing market in Gap Ridge has experienced notable changes, primarily driven by the region's resource-driven economy and its prominence as a hub for the oil and gas industry. A combination of modern residential developments and an influx of workers associated with these industries has created a dynamic housing environment. Property prices in Gap Ridge can be quite volatile, reflecting the area's economic fluctuations. The demand tends to spike with major project announcements, leading to a competitive environment for both buying and renting. This pattern often results in a wide range of housing options, from newly built homes to temporary accommodations catering to transient workers.
Living in Gap Ridge offers a unique blend of suburban tranquility and industrial vibrancy, making it an intriguing choice for families, professionals, and industry workers alike. The area is characterized by its open spaces, proximity to natural attractions, and close-knit community feel. Residents enjoy easy access to the amenities and services available in Karratha, which include schools, shopping centers, and recreational facilities. The lifestyle in Gap Ridge is also influenced by the significant presence of the workforce connected to regional industries, giving the community a diverse cultural edge. Additionally, the surrounding landscapes, such as the nearby Dampier Archipelago and Millstream Chichester National Park, provide ample opportunities for outdoor activities, enhancing the appeal of living in this part of Western Australia.
Household Makeup
| Median Weekly Rent | $191.25 |
| Median Monthly Mortgage | $2045.00 |
| Median Persons Per bed houseroom | 0.85 |
| Average Household Size | 3.00 |
| Average Age | 31.00 |
| Average Income | $1711.25 |
| Average Cars Per Dwelling | 2.27 |
| Average Properties Within 50M | 3 |
Housing Stock
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Gap Ridge Real Estate Market Outlook
Thinking about buying in Gap Ridge? Now could not be a better time, with just 134 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $385,000 with prices in this suburb ranging from $379,000 to $805,000. Gap Ridge is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
In Gap Ridge there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. High average incomes in Gap Ridge ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The slightly lower than average earnings from occupations in Gap Ridge changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Gap Ridge necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Instant Property ValuationHouses for sale Gap Ridge
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9 Oxide Loop, Gap Ridge, Wa, 6714 |  0 |
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$1000 per month + GST + Outgoings |
Local Schools
Baynton West Primary School
St Luke's College
Tambrey Primary School
Millars Well Primary School
Karratha Senior High School
Pegs Creek Primary School
St Paul's Primary School
(While the above schools are located with the suburb of Gap Ridge there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Gap Ridge weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 2.6 | 27.2 | 36.2 | 45.8 | 86.1 | 6.3 | 27.2 |
| Feb | 2.5 | 27.0 | 36.5 | 41.5 | 86.3 | 5.8 | 26.1 |
| Mar | 1.0 | 26.6 | 36.5 | 39.6 | 83.8 | 5.2 | 23.2 |
| Apr | 0.5 | 23.3 | 34.5 | 32.8 | 80.9 | 4.5 | 20.1 |
| May | 1.1 | 18.4 | 30.7 | 30.4 | 80.8 | 4.2 | 17.7 |
| Jun | 0.9 | 15.6 | 26.8 | 34.2 | 83.3 | 4.3 | 15.8 |
| Jul | 0.3 | 14.1 | 26.8 | 30 | 81.1 | 4.3 | 17.2 |
| Aug | 0 | 14.5 | 28.7 | 25.4 | 81.2 | 4.5 | 20.2 |
| Sept | 0 | 17.2 | 32.0 | 21.8 | 77.6 | 5.2 | 24.0 |
| Oct | 0 | 22.0 | 35.5 | 24.2 | 77.4 | 5.9 | 26.4 |
| Nov | 0.2 | 23.3 | 35.2 | 30.1 | 79.1 | 6.5 | 29.7 |
| Dec | 1.0 | 26.0 | 36.5 | 36.2 | 81.7 | 6.2 | 29.1 |
source: Australian Government Bureau of Meteorology
General Points of Interest
Karratha City Shopping Centre - Less than 10 KM
Karratha Leisureplex - Less than 5 KM
Karratha Village - Less than 10 KM
Karratha Country Club - Less than 10 KM
Nearby Suburbs
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