Thinking about buying in Karloo? Now could not be a better time, with just 280 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $227,000 with prices in this suburb ranging from $36,000 to $465,000. Karloo is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Karloo Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Karloo are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Karloo leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Karloo necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Properties for sale Karloo

53 solomon cir, karloo, wa, 6530

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1

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410000

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Internet Speed

Download 25 Mbps / Upload 5 Mbps

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General Points of Interest

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