All About Karratha Industrial Estate, Karratha, WA, 6714
Karratha Industrial Estate in Karratha, Western Australia, offers a unique perspective on the housing market as it diverges from traditional residential areas, given its primary focus on industrial and commercial activities. Over the years, the area has seen a steady demand for housing largely due to its proximity to the key industrial operations supporting the mining and resources sectors. As a result, the housing market here is often influenced by fluctuations in these industries. Properties available in or near the Karratha Industrial Estate are typically suited to individuals working in these sectors, and the options range from affordable rentals to more permanent accommodations aimed at providing convenience for the workforce. The demand is generally stable, with periodic surges reflecting the ebbs and flows of the local economy, often tied to major projects or expansions within the industrial sector.
Living near Karratha Industrial Estate offers a distinctive lifestyle that caters mainly to professionals associated with the industrial and resource-based industries. The environment is industrious and busy, reflecting its primary purpose, but it also benefits from being part of the broader Karratha region. Residents enjoy access to essential amenities, with the greater Karratha area offering schools, shopping centers, and recreational facilities. While the industrial estate itself isn't a typical residential neighborhood, living nearby means being immersed in a community that's tight-knit and supportive, bonding over shared work experiences and often benefiting from the employment opportunities driven by the region's economic activities. This lifestyle can be appealing to those who prioritize proximity to work and the conveniences that come with living in a resource-rich area.
Household Makeup
| Median Weekly Rent | $450.00 |
| Median Monthly Mortgage | $867.00 |
| Median Persons Per bed houseroom | 1.10 |
| Average Household Size | 2.00 |
| Average Age | 39.00 |
| Average Income | $1577.00 |
| Average Cars Per Dwelling | 1.89 |
| Average Properties Within 50M | 17 |
| Typical 1 bed house | |
| Typical 2 bed house |
Housing Stock
Local Internet Speeds
Download 25 Mbps / Upload 5 Mbps
Karratha Industrial Estate Real Estate Market Outlook
Thinking about buying in Karratha Industrial Estate? Now could not be a better time, with 810 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $602,000 with prices in this suburb ranging from $145,000 to $1,091,000. Karratha Industrial Estate is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
In Karratha Industrial Estate 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. High average incomes in Karratha Industrial Estate ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The slightly lower than average earnings from occupations in Karratha Industrial Estate 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 Karratha Industrial Estate necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Instant Property ValuationLocal Schools
None within suburb boundary
(While the above schools are located with the suburb of Karratha Industrial Estate there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Karratha Industrial Estate 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 | 2.6 | 27.2 | 36.2 | 45.8 | 86.1 | 6.3 | 27.2 |
| Feb | 2.5 | 27.0 | 36.5 | 41.5 | 86.3 | 5.8 | 26.1 |
| Mar | 1.0 | 26.6 | 36.5 | 39.6 | 83.8 | 5.2 | 23.2 |
| Apr | 0.5 | 23.3 | 34.5 | 32.8 | 80.9 | 4.5 | 20.1 |
| May | 1.1 | 18.4 | 30.7 | 30.4 | 80.8 | 4.2 | 17.7 |
| Jun | 0.9 | 15.6 | 26.8 | 34.2 | 83.3 | 4.3 | 15.8 |
| Jul | 0.3 | 14.1 | 26.8 | 30 | 81.1 | 4.3 | 17.2 |
| Aug | 0 | 14.5 | 28.7 | 25.4 | 81.2 | 4.5 | 20.2 |
| Sept | 0 | 17.2 | 32.0 | 21.8 | 77.6 | 5.2 | 24.0 |
| Oct | 0 | 22.0 | 35.5 | 24.2 | 77.4 | 5.9 | 26.4 |
| Nov | 0.2 | 23.3 | 35.2 | 30.1 | 79.1 | 6.5 | 29.7 |
| Dec | 1.0 | 26.0 | 36.5 | 36.2 | 81.7 | 6.2 | 29.1 |
source: Australian Government Bureau of Meteorology
General Points of Interest
Karratha City Shopping Centre - Less than 5 KM
Karratha Leisureplex - Less than 10 KM
Karratha Village - Less than 5 KM
Karratha Country Club - Less than 10 KM
Nearby Suburbs
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!