Karridale, a serene locality in the Augusta Margaret River region of Western Australia, offers a unique blend of rural tranquility and accessibility to some of the area's most stunning natural attractions. The housing market in Karridale is characterized by a range of properties that cater to diverse preferences, from quaint cottages to large, sprawling homesteads set amidst lush, green surroundings. This variety offers potential homebuyers and investors a chance to secure properties at relatively more affordable prices compared to nearby coastal towns. The market in Karridale remains steady, with a moderate level of demand driven by those seeking a peaceful lifestyle, away from the hustle and bustle, yet within a short drive of amenities found in larger neighboring towns such as Margaret River and Augusta.
Living in Karridale is ideal for those who cherish a close-knit community vibe and a slower pace of life. The area's natural beauty is a significant draw, with expansive forests, nearby pristine beaches, and renowned wineries and farms providing ample opportunities for outdoor activities and exploration. Residents enjoy a lifestyle that balances solitude and community, supported by essential services such as schools, shops, and community centers in the vicinity. Moreover, the welcoming environment and the community's commitment to sustainability and local produce make it a splendid choice for anyone looking to immerse themselves in the authentic rural charm of Western Australia.
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Housing Stock
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Thinking about buying in Karridale? Now could not be a better time, with just 296 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $874,000 with prices in this suburb ranging from $192,000 to $1,743,000. Karridale is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
In Karridale 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 Karridale 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 Karridale 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. Lower than average population density constrains growth in Karridale to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. 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 Valuation12 Sawmill Loop, Karridale, Wa, 6288 | $235,000.00 |
Karridale Primary School
(While the above schools are located with the suburb of Karridale 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 | |
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Jan | 0.4 | 13.8 | 27.1 | 41.2 | 89.3 | 4.6 | 27.2 |
Feb | 0.3 | 14.7 | 27.8 | 41.6 | 88.6 | 4.5 | 23.2 |
Mar | 0.9 | 13.6 | 25.8 | 43.7 | 86.9 | 3.9 | 18.5 |
Apr | 2.0 | 11.6 | 22.8 | 48.3 | 92.0 | 2.9 | 13.8 |
May | 4.3 | 8.9 | 19.6 | 52.3 | 92.3 | 2.6 | 10.5 |
Jun | 6.6 | 9 | 17.4 | 56.1 | 90.7 | 3.3 | 8.6 |
Jul | 6.6 | 8.4 | 16.4 | 57.4 | 92.3 | 3.5 | 8.7 |
Aug | 5.4 | 8.1 | 17.0 | 55.0 | 92.0 | 3.3 | 11.5 |
Sept | 4.6 | 8.9 | 18.0 | 52.9 | 89.8 | 3.8 | 15.8 |
Oct | 1.7 | 10.0 | 20.3 | 54.1 | 95.3 | 3.6 | 21.1 |
Nov | 1.4 | 10.6 | 22.6 | 46.5 | 94.1 | 3.9 | 24.9 |
Dec | 0.7 | 12.6 | 25.5 | 43.1 | 92.3 | 4.4 | 28.4 |
source: Australian Government Bureau of Meteorology
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