Thinking about buying in Karragarra Island? Now could not be a better time, with just 340 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $401,000 with prices in this suburb ranging from $55,000 to $1,258,000. Karragarra Island is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Household Makeup
| Median Weekly Rent | $268.00 |
| Median Monthly Mortgage | $867.00 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 2.00 |
| Average Age | 63.00 |
| Average Income | $477.00 |
| Average Cars Per Dwelling | 1.36 |
| Average Properties Within 50M | 7 |
Housing Stock
Average Property Prices
| 1 Bed $376,000 |
| 2 Bed $410,000 |
| 3 Bed $583,000 |
| 4 Bed $787,000 |
| 5 Bed $382,000 |
Karragarra Island Real Estate Market Outlook
In Karragarra Island there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Karragarra Island is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Karragarra Island 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 Karragarra Island necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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.
Karragarra is a small island just off the coast of south-western Queensland, close to the city of Brisbane; It is also a locality within the City of Redlands Local Government Area. The smallest of the Southern Moreton Bay islands, Karragarra Island is sandwiched between two of its larger cousins, the islands of Russell and Macleay. Much of the island’s circumference is occupied by stunning public beaches providing breath-taking views out into the Coral Sea or vistas of the Australian coast. As there are no sources of fresh water on the island, it is believed the first people to settle it arrived in the 1850s from the west, when an oyster depot was opened on the western coast of the island.
With a total of just barely over 200 permanent residents, Karragarra Island’s atmosphere is one of warmth and peace. The island’s beautiful beaches and relaxed vibes are a stark contrast to the high-stress, high-energy city life found just a short trip by ferry away in Brisbane, and draw a lot of tourists and holidaymakers to the island; Indeed, much of the Island’s economy is from visitors renting accommodation. All in all, Karragarra island is a beautiful island providing a relaxed lifestyle to its residents and visitors, while only being a short distance from the amenities and lifestyle of Brisbane.
Houses for sale Karragarra Island
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23 noyes pde, karragarra island, qld, 4184 |  1 |
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Under Contract LJH Macleay |
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152 treasure island av, karragarra island, qld, 4184 | 4 |
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Expressions of Interest. |
Local Schools
Russell Island State School
MacLeay Island State School
(While the above schools are located with the suburb of Karragarra Island there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Karragarra Island weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 7.9 | 20.4 | 28.1 | 57.4 | 96.2 | 2.5 | 24.2 |
| Feb | 2.7 | 20.9 | 29.6 | 52.2 | 92.3 | 3.4 | 23.5 |
| Mar | 6.2 | 20.5 | 28.4 | 61.8 | 95.3 | 2.6 | 18.2 |
| Apr | 2.9 | 16.2 | 26.2 | 51.4 | 94.7 | 2.1 | 16.2 |
| May | 1.9 | 13.3 | 23.2 | 51.1 | 90.3 | 2.2 | 13.7 |
| Jun | 1.8 | 11.4 | 21.2 | 53.0 | 91.1 | 2.2 | 12.4 |
| Jul | 1.3 | 10.5 | 21.3 | 47 | 91.1 | 2.1 | 13.5 |
| Aug | 0.6 | 10.1 | 22.2 | 38.3 | 89.0 | 2.2 | 16.6 |
| Sept | 0.8 | 13.3 | 23.4 | 47.9 | 92.2 | 2.7 | 19.4 |
| Oct | 3.7 | 15.9 | 25.1 | 54.3 | 94 | 2.7 | 22.1 |
| Nov | 0.8 | 18.4 | 27.4 | 48.8 | 88.6 | 3.2 | 27.0 |
| Dec | 1.8 | 20.3 | 30.1 | 46.2 | 89.7 | 3.1 | 27 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Redland Bay Marina platform 3 - Less than 10 KM
Ormiston - Greater then 10KM
Cleveland - Greater then 10KM
Boat ramp - Less than 10 KM
Macleay Island - Less than 1 KM
Karragarra Ferry Terminal - Less than 1 KM
Lamb Island - Less than 1 KM
Redland Bay Marina platform 4 - Less than 10 KM
Russell Island Ferry Terminal - Less than 2 KM
Holmview - Greater then 10KM
General Points of Interest
Bay Islands Golf Club - Less than 5 KM
Redland Bay Roll of Honour - Less than 10 KM
RQYS Swimming Pool - Less than 5 KM
The GyM Russell Island - Less than 5 KM
Victoria Point Bowls & Recreation Club - Less than 10 KM
Victoria Point Indoor Sports - Less than 10 KM
Serpentine Creek Cemetery - Less than 10 KM
Russell Island Sport and Recreation Park - Less than 2 KM
Redland Bay Golf Club - Less than 10 KM
Isle of Coochie Golf Club - Less than 10 KM
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