Karratha vs Wanneroo: Property Investment Comparison 2026
Side-by-side investment comparison to help you decide which suburb suits your investment goals.
Karratha
mediumWA 6714
Wanneroo
lowWA 6065
Overview
This guide compares Karratha (WA, 6714) and Wanneroo (WA, 6065) as property investment options.
| Feature | Karratha | Wanneroo |
|---|---|---|
| State | WA | WA |
| Region | Regional Minor | Metro Outer |
| Risk Level | Medium | Low |
| Hybrid Score | 6.0/10 | 10.0/10 |
Price Comparison
| Price Metric | Karratha | Wanneroo |
|---|---|---|
| Median House | $650,000 | $560,000 |
| Median Unit | $420,000 | $370,000 |
| Median Townhouse | N/A | $450,000 |
Wanneroo offers a lower entry price, approximately $90,000 (14%) cheaper at the median level.
Rental Yield Comparison
| Yield Metric | Karratha | Wanneroo |
|---|---|---|
| Gross Yield | 11.54% | 7.88% |
| House Rent/wk | $1443 | $849 |
| Unit Rent/wk | $1212 | $691 |
| Vacancy Rate | N/A | 1.2% |
| Days on Market | N/A | 17 |
Karratha offers the higher gross yield at 11.54%, a difference of 3.66 percentage points.
Growth Comparison
| Growth Metric | Karratha | Wanneroo |
|---|---|---|
| 5yr Growth p.a. | 5.0% | 7.9% |
| 10yr Growth p.a. | 4.3% | 6.7% |
| Growth Score | 7.0/10 | 9.0/10 |
Wanneroo has demonstrated stronger recent growth at 7.9% p.a. over the past 5 years.
Demographics Comparison
| Demographic | Karratha | Wanneroo |
|---|---|---|
| Population | 17,657 | 42,000 |
| Median Age | 32 | 35 |
| Household Income | $165,776 | $85,000 |
| Unemployment | 2.7% | 4.5% |
| Owner-Occupier | N/A | 68% |
Risk Comparison
| Risk Metric | Karratha | Wanneroo |
|---|---|---|
| Risk Level | Medium | Low |
| Price Stability | N/A | N/A |
| Volatility | N/A | N/A |
Karratha risks:
Wanneroo risks: New supply from developing estates; Water table management
Investment Verdict
Who should invest where?
Growth seekers may prefer investigating Wanneroo (growth score 9.0/10, 5yr growth 7.9% p.a.). This suburb is better positioned for capital appreciation over a longer holding period.
Yield hunters may prefer investigating Wanneroo (yield score 10.0/10, gross yield 7.88%). This suburb provides stronger rental returns and better cashflow potential.
Balanced investors seeking both growth and income may prefer Wanneroo (hybrid score 10.0/10), which offers the best overall combination of metrics.
This information is general in nature and does not constitute personal financial advice. Investment decisions should be based on your individual circumstances. Consider seeking professional advice before making any property investment.
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