Karana Downs

POSTAL CODE: QLD, 4306
HOUSE

Based on its average 5-year and quarterly capital gains KARANA DOWNS, 4306 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that KARANA DOWNS, 4306 obtained a 8.11% growth over a ten-year period. It ranks 1136th on our list of suburbs that property investors should look into.

KARANA DOWNS, 4306 in QLD belongs to the local government area of Brisbane.

KARANA DOWNS, 4306 has a capital gain of 9.5% for the past year, which is lower than average compared to its 88.92% growth within a five-year period.

With the median home price in KARANA DOWNS sitting at $997,500, and the average rent at $665, property owners could potentially earn a 3.47% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in KARANA DOWNS are low, as opposed to average gains per annum over the past five years.

Surburb overview

Karana Downs is a residential locality within the City of Brisbane, Queensland, located approximately 12.2 kilometres northeast of the Ipswich Central Business District and about 30.4 kilometres southwest of Brisbane's Central Business District. The suburb spans an area of 7.5 square kilometres and is bordered by the Brisbane River to the south and east, and Mount Crosby Road to the north and north-west.

As per the 2021 Census, Karana Downs had a population of 3,800 residents.  The suburb is characterised by a predominantly Australian-born population, with 76.2% of residents born in Australia. The most common ancestries reported were English (32.4%), Australian (25.2%), Scottish (9.3%), Irish (9.3%), and German (5.8%).

Public transportation options in Karana Downs are limited due to its low population density. In late 2006, a 10-seat taxi van service commenced, ferrying residents every 20 minutes during peak hours to Bellbowrie, where they can connect with the TransLink bus route 444.  According to the 2021 Census, 2.3% of employed residents used public transport for commuting, while 63.8% travelled by car as drivers or passengers.

Essential establishments in Karana Downs include the Karana Downs Shopping Centre, located at the corner of Awonga Court, College Road, and Tanderra Way. The centre offers a range of retail services to its residents. Emergency services are available at the Karana Downs Fire Station, located at 2 College Road, and the Karana Downs Police Station, situated at 6 College Road. While there is no secondary school in Karana Downs, Mount Crosby State School, a government primary school, is located in the neighbouring suburb of Mount Crosby.

Several parks and reserves in Karana Downs support recreational activities. Kookaburra Park, situated on the banks of the Brisbane River, offers amenities such as a boat ramp, a children's play area, and an off-leash dog area. Other parks include Atkinson Drive Reserve, Burrun Park, College Road Park, Dumburbu Park, Emungerie Grove Reserve, Heritage Park, Illawong Reserve, Kupi Park, Lions Nature Trail Park, and Murri Park.

Karana Downs' blend of residential amenities, natural surroundings, and proximity to both Ipswich and Brisbane contributes to its appeal within the region.

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