All About Karoonda, Karoonda East Murray, SA, 5307
Karoonda, located in the district of Karoonda East Murray in South Australia, is a tranquil and community-focused rural town, offering a unique living experience and a distinctive housing market. The housing market in Karoonda tends to be relatively affordable compared to urban areas, making it an appealing option for families, retirees, and individuals seeking a quieter lifestyle amidst nature. Properties in Karoonda typically consist of modest single-family homes, often set on larger plots of land, giving residents ample space for gardens or hobby farms. The slower pace of demand and a limited number of available homes suggest a stable market, where property values grow steadily, reflecting both the town's attractiveness and the overall economic developments in regional South Australia.
Living in Karoonda is characterized by a strong sense of community and connection to the surrounding natural environment. Known for its agricultural heritage, the town offers a peaceful lifestyle with the benefits of ample outdoor recreational activities and a close-knit community spirit. Residents enjoy amenities such as local shops, parks, and community events that bring people together, fostering a warm and welcoming atmosphere. The surrounding landscapes offer opportunities for hiking, cycling, and exploring, while the town's modest size ensures that essential services and facilities are easily accessible. As a result, Karoonda provides an idyllic rural retreat for those seeking to escape the hustle and bustle of city life, with the charm of small-town living enhanced by the picturesque backdrop of South Australia's countryside.
Household Makeup
| Median Weekly Rent | $146.00 |
| Median Monthly Mortgage | $577.60 |
| Median Persons Per bed houseroom | 0.72 |
| Average Household Size | 2.20 |
| Average Age | 49.80 |
| Average Income | $564.80 |
| Average Cars Per Dwelling | 2.41 |
| Average Properties Within 50M | 5 |
| Typical 1 bed house | $132,000 |
| Typical 2 bed house | $115,000 |
| Typical 3 bed house | $307,000 |
| Typical 4 bed house | $334,000 |
Housing Stock
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Karoonda Real Estate Market Outlook
Thinking about buying in Karoonda? Now could not be a better time, with 716 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $208,000 with prices in this suburb ranging from $25,000 to $1,339,000. The aproximate distance to the coast is 79 Km.
In Karoonda 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Karoonda due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Karoonda 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Karoonda the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationHouses for sale Karoonda
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23 Peake Street, Karoonda, SA, 5307 |  3 |
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Local Schools
Karoonda Area School
(While the above schools are located with the suburb of Karoonda there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Karoonda 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 | 0.4 | 14.4 | 30.8 | 26.6 | 84.6 | 5.4 | 27.0 |
| Feb | 1.2 | 14.2 | 29.1 | 31.7 | 87.3 | 5.0 | 22.0 |
| Mar | 0.4 | 11.9 | 27.0 | 31.6 | 89.4 | 4.5 | 18.4 |
| Apr | 0.8 | 9.5 | 23.4 | 36.5 | 90.2 | 4.0 | 13.9 |
| May | 1.2 | 7.1 | 19.2 | 45.3 | 92.6 | 3.9 | 10.2 |
| Jun | 1.1 | 5.0 | 16.3 | 51.7 | 95.0 | 3.8 | 8.8 |
| Jul | 1.4 | 4.9 | 16.0 | 52.7 | 94.3 | 4.5 | 9.2 |
| Aug | 1.2 | 4.4 | 16.6 | 45.7 | 94.0 | 4.5 | 12.0 |
| Sept | 1.1 | 5.9 | 20.7 | 35.1 | 93.4 | 4.7 | 16.7 |
| Oct | 0.7 | 7.7 | 23.8 | 30.1 | 90.6 | 4.7 | 21.2 |
| Nov | 0.6 | 9.9 | 26.2 | 26.1 | 87.7 | 5.1 | 25.1 |
| Dec | 0.9 | 12.8 | 28.8 | 26.7 | 85.0 | 5.4 | 27.5 |
source: Australian Government Bureau of Meteorology
General Points of Interest
Karoonda Golf Course - Less than 1 KM
Nearby Suburbs
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