City of Karratha, WA

Karratha City LGA is located in the Pilbara region of Western Australia. The city, which derives its name from a nearby Aboriginal word for “moon”, was established in August 1967 to support mining operations in the area. Karratha’s population expanded rapidly during the boom years of iron ore mining.

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Karratha was officially named in 1962 after the original indigenous word meaning “place where water meets land”. It’s now an international port city with most exports being oil, gas and mineral resources. As one of Australia’s largest coastal ports, Karratha provides transport for goods between Asia and Europe or America.

The property market in Karratha tends to fluctuate with the local economy. The city was founded as a hub for mining back in 1897, but it became prosperous due to its strategically-located port. There’s still lots of potential for development and the economy remains strong.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Yield chart
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Demand chart
Upgrade to Professional Plan to see Buy & Rent Search Index data.
Index chart

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced property market metrics that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

Property Market in City of Karratha, WA

What other property markets are there near Karratha, WA?

City of Karratha borders one other council area – Port Hedland.

How many people live in the City of Karratha, WA?

There are approximately 21500 people living in roughly 10000 dwellings in total, with an average household size of 2.8.

What are current and planned infrastructure projects in the City of Karratha, WA?

Among current and planned projects there are Karratha Leisureplex Expansion Project,
Karratha Golf Course Redevelopment, Kevin Richards Memorial Oval Redevelopment,
Karratha City Centre Infrastructure Works, Shakespeare Precinct Improvement Project,
Housing and Land Development Initiatives.

What major retailers are there in the City of Karratha, WA?

There are main retailers such as Just Jeans, Jay Jays, Kmart, Xtreme Edge, Cool Change Boutique.

What is the main industry in the City of Karratha, WA?

The main industries include mining, construction, export of oil and gas.

What are the dominant demographic groups in the City of Karratha, WA?

Among approximately 21500 people in Karratha LGA males and females make up to roughly 56% and 44% respectively. The median age of people is 31 years. Children aged 0-14 years account for 25% of the population, and those aged 65+ years account for 3%.

How is unemployment rate trading in the City of Karratha, WA?

Among approximately 11000 people employed, approximately 69% work full-time and 18% work part-time and estimated 6% unemployed.

Suburbs/localities in this Local Government Area: Mardie 6714 WA, Maitland 6714 WA, Sherlock 6714 WA, Dampier Archipelago 6713 WA, Cooya Pooya 6714 WA, Mount Anketell 6714 WA, Roebourne 6718 WA, Balla Balla 6714 WA, Point Samson 6720 WA, Gap Ridge 6714 WA, Burrup 6714 WA, Cleaverville 6714 WA, Antonymyre 6714 WA, Cossack 6720 WA, Gnoorea 6714 WA, Dampier 6713 WA, Stove Hill 6714 WA, Karratha Industrial Estate 6714 WA, Mulataga 6714 WA, Wickham 6720 WA, Whim Creek 6718 WA, Baynton 6714 WA, Nickol 6714 WA, Pegs Creek 6714 WA, Bulgarra 6714 WA, Millars Well 6714 WA, Karratha 6714 WA

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