Thinking about buying in Karrakatta? Now could not be a better time, with just 23 residential dwellings it's a highly sought after location. Karrakatta is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $473.33 |
Median Monthly Mortgage | $2885.00 |
Median Persons Per Bedroom | 0.73 |
Average Household Size | 3.00 |
Average Age | 44.00 |
Average Income | $871.00 |
Average Cars Per Dwelling | 1.65 |
Average Properties Within 50M | 3 |
Consistent high demand relative to supply is a key feature in Karrakatta driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Karrakatta 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 Karrakatta 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 Karrakatta 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.
The Quintilian School
Hollywood Primary School
Moerlina School
St Thomas' Primary School
Shenton College Deaf Education Centre
Shenton College
John XXIII College
Mount Claremont Primary School
Loreto Nedlands
Rosalie Primary School
(While the above schools are located with the suburb of Karrakatta 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 | 0.7 | 18.8 | 30.9 | 36.5 | 79.2 | 5.2 | 29.3 |
Feb | 0.8 | 19.0 | 30.3 | 39.1 | 80.6 | 4.8 | 25.4 |
Mar | 0.7 | 18.0 | 28.4 | 41.8 | 82.4 | 4.4 | 19.9 |
Apr | 1.0 | 15.6 | 25.6 | 43.4 | 85.1 | 4.0 | 15.8 |
May | 2.7 | 12.4 | 22.4 | 44.6 | 86.7 | 4.1 | 12.3 |
Jun | 4.2 | 10.8 | 19.7 | 50.8 | 89.6 | 4.2 | 10.2 |
Jul | 5.3 | 10.1 | 18.4 | 53.2 | 92.6 | 4.6 | 10.3 |
Aug | 3.8 | 10.5 | 19.1 | 51.5 | 92.0 | 4.5 | 13.3 |
Sept | 2.4 | 11.1 | 20.1 | 48.6 | 89.3 | 4.6 | 18.3 |
Oct | 1.3 | 13.1 | 22.9 | 46.8 | 87.6 | 4.6 | 23.4 |
Nov | 0.6 | 15.3 | 26.2 | 40.8 | 82.8 | 4.9 | 28.1 |
Dec | 0.4 | 17.2 | 28.6 | 37.4 | 79.8 | 5.1 | 30.6 |
source: Australian Government Bureau of Meteorology
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