Karawara

POSTAL CODE: WA, 6152
HOUSE

Property investors have seen a 15.13% gain in KARAWARA based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on KARAWARA, 6152 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 13.67%.

Based on its average 5-year and quarterly capital gains KARAWARA, 6152 saw average growth in the long term.

The WA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,050,000

Profits averaged 13.67% per annum over a 3-year period, due to an upward trend in home prices in KARAWARA, 6152.

This means, real estate investors could earn a rental income of $760 based on current median home prices for the suburb.

The gross rental yield in KARAWARA, 6152 is 3.76%.

An average of 1.08 real estate transactions take place per month in KARAWARA which translates to 13 per annum.

Surburb overview

Karawara is a residential suburb located within the City of South Perth, approximately 7 kilometres south of Perth’s central business district. Established in 1973 on land formerly part of the Collier Pine Plantation, the suburb's name is derived from an Aboriginal word meaning "green."

According to the 2021 Census, Karawara had a population of 1,842 residents living in 684 dwellings, with an average household size of 2.57 people. The suburb exhibits a diverse demographic profile, including families, students, and professionals.

Several Transperth bus routes, including the 30, 34, 100, and 101, facilitate public transportation in Karawara. These routes connect Perth CBD, Curtin University, and the surrounding suburbs. The nearest train station is Canning Bridge on the Mandurah Line, accessible via connecting bus services.

Essential amenities within Karawara include the Village Green Shopping Centre, which houses a Coles supermarket, IGA, and 38 specialty stores. Educational facilities include Curtin Primary School and Como Secondary College, which is near Curtin University.

Recreational spaces are abundant, with George Burnett Park offering sports facilities, playgrounds, and an outdoor skate park. The suburb features a network of pedestrian access ways connecting residential areas to green spaces and amenities.

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