Located in Western Australia within the Armadale local government area, Karragullen is a sparsely populated locality (postcode 6111). It is home to about 395 residents, with an older-leaning population and a median age of 45. Households earn a median income of $120K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.1% 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 technicians & trades, managers, professionals. Employment in the area leans toward agriculture and construction. The top ancestries reported are English, Australian, Italian.
Karragullen has a median house price of $1.1 million, which has jumped by 51.8% year-on-year. The median weekly rent is $345 (Census 2021). This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $1,950.
On the investment side, Karragullen shows a gross rental yield of approximately 1.6%, rated as low yield. Property prices are near the state median ($1.1M/$1.0M). The price-to-income ratio of 9.2x is considered moderate. House prices have moved +51.8% year-on-year. Population growth of +3.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.