Located in Western Australia within the Karratha local government area, Karratha is a quiet locality (postcode 6714). It is home to about 98 residents, with a mix of families and early-career residents and a median age of 34. Households earn a median income of $82K per year, with an average household size of 1.5 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.2% 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, managers, sales. Employment in the area leans toward retail trade and accommodation & food. The top ancestries reported are English, Australian, Scottish.
Karratha has a median house price of $530,000, which has edged higher by 1% year-on-year. Units have a median price of $400,000 (+17.6% YoY). The current median weekly rent is $280. This gives a gross rental yield of approximately 2.7%.
Karratha is served by 7 schools, including 5 primary, 2 secondary. The average ICSEA score is 945, which is below the national average of 1,000. Public transport access includes 2 bus stops.
From an investment perspective, Karratha shows a gross rental yield of approximately 2.7%, rated as low yield. Property prices sit below the state median ($530K/$1.0M), which can point to relative value. The price-to-income ratio of 6.4x is considered moderate. House prices have moved +1.0% year-on-year. Population growth of +2.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.