All About Carabooda, Wanneroo, WA, 6033

Carabooda, situated in the City of Wanneroo, WA, offers a unique blend of rural charm and proximity to urban amenities, making its housing market quite distinctive. Known for its expansive properties and semi-rural lifestyle, Carabooda attracts those looking for a quieter, more spacious living environment. The housing market here is characterized by larger lots and often semi-custom homes, providing plenty of space for families and hobby farmers alike. Property prices tend to reflect the area's unique appeal, often showcasing significant land parcels compared to more densely populated regions. With the growing expansion of infrastructure in the surrounding areas, Carabooda remains an attractive option for those seeking a balance between accessible city life and tranquil countryside living.

Living in Carabooda offers residents a peaceful and community-centered lifestyle. The area is surrounded by natural beauty, including bushland and open fields, providing plenty of opportunities for outdoor activities such as hiking, horseback riding, and enjoying the local wildlife. Despite its rural setting, Carabooda is not far from the conveniences of nearby suburbs, offering access to schools, shopping centers, and healthcare facilities. The community is tight-knit, often organizing local events that foster a strong sense of belonging among residents. For those who appreciate a blend of rural and urban living, Carabooda represents an ideal location offering both tranquility and accessibility.

Carabooda Real Estate Market Outlook

Thinking about buying in Carabooda? Now could not be a better time, with just 301 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,524,000 with prices in this suburb ranging from $551,000 to $4,165,000. Carabooda 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.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Carabooda are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Carabooda 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. 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 Valuation

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Public Transport

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General Points of Interest

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