Median price · 7 years
Rolling 12-month median, all dwellings
$550,000+10.0% past 12 months
2020202120222023202420252026
Karratha
Watch closely Growth score 60 Top 74% of sample
Risk score 64 High · lower is better
Stability score 62 Consistent over 10 years
What drives the growth score
Nine metrics, each benchmarked against every suburb nationally. Weighted sum equals the score.
Sales momentum18% Moderate · 63
Listing scarcity15% Strong · 72
Rental demand14% Moderate · 52
Days on market12% Moderate · 67
Infrastructure investment11% Moderate · 69
Jobs access10% Moderate · 52
Population growth8% Moderate · 61
Income growth7% Weak · 35
New supply pressure5% · negative Elevated · 43
Key metrics vs benchmarks
WA column is the sample-state average; national is the whole sample.
| Metric | Karratha | WA | National |
|---|---|---|---|
| Median price | $550,000 | $683,750 | $734,203 |
| 12-month growth | +10.0% | +14.1% | +8.4% |
| Gross rental yield | 6.0% | 4.1% | 4.0% |
| Vacancy rate | 1.5% | 0.8% | 1.3% |
| Days on market | 18 | 12 | 31 |
| Auction clearance | N/A | — | 62% |
| New supply pipeline | Elevated | Moderate | Moderate |
Risk score components
Lower is safer. Components are read independently; the score is their weighted blend.
64High risk
New supply pipelineApproved dwellings vs existing stock Moderate · 43
Employment concentrationShare of jobs in the top two industries High · 64
Price volatility, 5 yearsLargest peak-to-trough drawdown High · 57
Vacancy pressureCurrent vacancy vs 2% threshold Low · 27
Hazard exposureFlood, bushfire and storm surge overlays High · 63
Who lives here
ABS Census, latest release, aggregated to suburb
17,000population 32median age 35%owner-occupied 65%renting
Owner-occupiedRenting
Karratha is a Pilbara resources hub with high yields but cyclical risk tied to the commodities cycle. The Woodside Scarborough LNG project and Perdaman urea plant are supporting the next growth phase.
On the ground
Committed projects and catalysts feeding the infrastructure and jobs metrics
- Woodside Scarborough LNG project
- Perdaman urea plant ($4.5B)
- Karratha Airport upgrades
- Karratha City of the North initiative
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