Located in Western Australia within the South Perth local government area, Karawara is a small locality (postcode 6152). With a population of 1,842, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $89K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% year-on-year at the LGA level. WA employment has moved +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, community & personal service, clerical & administrative. Employment in the area leans toward accommodation & food and healthcare. The top ancestries reported are English, Australian, Chinese.
The median house price in Karawara is $1.1 million, having climbed sharply by 11.4% over the past year. The current median weekly rent is $700. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,000.
Public transport access includes 22 bus stops.
Looking at the investment signals, The gross rental yield works out to roughly 3.5%, which reads as moderate yield. Property prices are near the state median ($1.1M/$1.0M). The price-to-income ratio of 11.8x is considered stretched. House prices have moved +11.4% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.