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Investment Property Karratha, WA

Region Snapshot

Karratha is a region in Western Australia, Australia. Karratha has a population of 21,472 people and 51.15% of its occupants live in rental accommodation. The median listing price for houses is $599,000 and this has changed 7.44% over the past year and changed 10.92% over 2 years.

The median rent in for houses is $1,000 per week and the median rental yield is 8.68%. Stock on the market for houses/townhouses has changed -22.60% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $375,000 and this has changed -1.32% over the past year. The average unit takes NA days to sell and the median rent for a unit in Karratha is $685 per week, producing a rental yield of 9.49%.

Supply & Demand in Karratha

0.75%

Current vacancy rate


77

Rental stock available


21,472

Population


51.15%

Rental population


0.63%

Current vacancy rate


7,731

Rental stock available


2,474,414

Population


23.98%

Rental population


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Statistical data for Karratha

  House Townhouses Units
Median listing price $599,000 $362,000 $375,000
Median price change - last quarter 2.43% 0.00% -5.00%
Median price change - 1 year 7.44% 4.92% -1.32%
Median price change - 2 years 10.92% -7.18% 2.73%
  House Townhouses Units
Median weekly rent $1,000 $680 $685
Median yield % 8.68% 9.76% 9.49%
Median rent change - 1 year 0.00% 4.61% 14.16%
  House Units
Previous month sales 17 1
Stock on market previous month 113 18
Stock variance vs. last year -22.60% -10.00%
Average days on market NA NA

Karratha investment property listings

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