Karrakup, situated within the Shire of Serpentine-Jarrahdale in Western Australia, offers a unique housing market characterized by its blend of rural charm and increasing suburban influence. The area is known for its sprawling properties and large plots of land, making it particularly appealing to those seeking space and privacy away from the hustle and bustle of city life. Traditionally, the housing market in Karrakup has been relatively stable, with a mix of established homes and opportunities for new developments. As more people look to escape the confines of urban settings, Karrakup's market is seeing a gradual rise in interest, leading to a steady appreciation in property values. As a result, homes are becoming a worthwhile investment, especially for families and retirees desiring a serene environment while still maintaining reasonable access to Perth via the nearby Tonkin Highway.
Living in Karrakup offers a peaceful, semi-rural lifestyle that is appealing to nature lovers and those who appreciate a tight-knit community spirit. Residents enjoy the proximity to natural attractions such as the Serpentine National Park and the iconic Serpentine Falls, which provide abundant opportunities for outdoor activities like hiking, picnicking, and birdwatching. The area's local community events and farmers markets further enhance the small-town atmosphere, fostering a sense of belonging among the inhabitants. While the rural setting means that some amenities require a short drive, the recent development of nearby suburbs is gradually bringing more conveniences closer to Karrakup. Overall, living in Karrakup offers a tranquil yet connected experience, perfectly balancing the allure of country life with the essentials of modern living.
Median Weekly Rent | $ |
Median Monthly Mortgage | $ |
Median Persons Per bed houseroom | |
Average Household Size | |
Average Age | |
Average Income | $ |
Average Cars Per Dwelling | |
Average Properties Within 50M |
Housing Stock
Download 25 Mbps / Upload 5 Mbps
Thinking about buying in Karrakup? Now could not be a better time, with just 97 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $735,000 with prices in this suburb ranging from $669,000 to $1,496,000. The aproximate distance to the coast is 22 Km.
Consistent high demand relative to supply is a key feature in Karrakup driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Karrakup 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. Low average earnings from people in Karrakup 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 Karrakup 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.
Instant Property ValuationByford Primary School
Marri Grove Primary School
Byford John Calvin School
(While the above schools are located with the suburb of Karrakup there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.6 | 17.5 | 32.2 | 28.4 | 76.5 | 5.5 | 28.9 |
Feb | 0.7 | 17.8 | 32.2 | 31.1 | 78.3 | 5.2 | 25.4 |
Mar | 0.6 | 16.3 | 30.1 | 33.2 | 81.4 | 4.7 | 20.6 |
Apr | 1.1 | 12.9 | 26.2 | 39.0 | 89.3 | 3.7 | 15.2 |
May | 3.1 | 9.1 | 22 | 43.2 | 93.5 | 3.5 | 12.0 |
Jun | 4.2 | 8.3 | 19.6 | 47.4 | 95.0 | 3.8 | 10.2 |
Jul | 5.6 | 8.2 | 18.4 | 49.3 | 96.8 | 3.9 | 10.2 |
Aug | 4.3 | 7.4 | 18.6 | 50.1 | 97.1 | 4.0 | 12.8 |
Sept | 3.0 | 8.7 | 20.4 | 47.2 | 95.4 | 4.4 | 17.6 |
Oct | 1.2 | 10.6 | 23.5 | 39.8 | 90.0 | 4.6 | 23.4 |
Nov | 0.8 | 13.2 | 27.0 | 33.1 | 86.2 | 5.0 | 27.5 |
Dec | 0.3 | 15.2 | 30.2 | 28.6 | 81.2 | 5.1 | 30.9 |
source: Australian Government Bureau of Meteorology
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!