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Karrinyup suburb profile

Karrinyup is an established northern suburb of Perth centred on Karrinyup Shopping Centre and the Karrinyup Golf Course, offering a suburban mix of tree-lined streets, parks and recreational open space. Housing ranges from post-war brick and weatherboard cottages to renovated family homes and newer infill townhouses, which attracts families and professionals seeking space and convenience. Residents benefit from nearby coastal beaches, local playing fields and walking tracks, plus straightforward car and bus connections to surrounding employment and education precincts. The suburb feels quietly residential while providing ready access to retail, leisure and outdoor lifestyle options.

Karrinyup property market performance

Current median dwelling price$1,245,000Past 3 months

Property growth+7.7%Past 12 months

Karrinyup has relatively few recent unit sales, so there isn't enough data to publish a reliable median unit price. On the house side, the median house price is $1.85 million, having risen strongly, up 12.4% over the last 12 months. Unit values rose a modest 2.9% over the same period, so house values increased faster than unit values.

Over the last 3 months there were 33 houses and 2 units sold. Houses sold in a median of 14 days over the last 12 months.

The rental market in Karrinyup saw house rents average $970 a week over the last 12 months, up a solid 7.8%, while unit rents averaged $845 a week, rising sharply by 11.2% — unit rents grew more strongly than house rents.

HousesUnits
Median price
Past 3 months
$1.85MN/A
Change in value
Past 12 months
12.4%2.9%
Sold
Past 3 months
332
Median days on market
Past 12 months
14N/A
Average rent
Past 12 months
$970$845
Change in rent
Past 12 months
7.8%11.2%

5 year median price trend for houses and units

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Karrinyup demographics

There are 9,886 residents, with a median age of 41 and a median total household income of $2,456 a week, roughly $127,700 a year.

The family mix is dominated by couple families with children at 53.2%, while couple families without children make up 34.9%. One-parent families account for 10.8% and other families 1.0%.

In Karrinyup, owner-occupiers make up about 81.1% of homes, with 40.7% owned with a mortgage and 40.4% owned outright, and 18.9% of homes are rented.

Suburbs near Karrinyup

Some popular suburbs near Karrinyup include:

How does Karrinyup compare to nearby suburbs?

  • Median house prices: Karrinyup’s median house price is 20.9% higher than Doubleview’s.
  • Median unit prices: Karrinyup’s median unit price is 2.1% higher than Scarborough’s.
  • House price growth: Over the past 12 months, house prices in Karrinyup have grown 1.7% higher than in Gwelup.
  • Unit price growth: Property prices in nearby Doubleview have risen 21.5% more than in Karrinyup over the past year.
  • Selling speed for houses: Properties in Karrinyup are selling 17.6% faster than in Trigg.
  • Investment considerations: In Karrinyup, the rental yield for house is 26.0% higher than the Perth average, while the rental yield for units is 26.9% higher.
  • House price growth: Over the past 12 months, house prices in Karrinyup have grown 56.6% higher than the average rate of growth across Perth.
  • Unit price growth:Over the past 12 months, unit prices in Karrinyup have grown 45.1% higher than the average rate of growth for units across Perth.

Choose the right real estate agents in Karrinyup

Choosing the right real estate agent in Karrinyup can have a big impact on your sale. While there are 69 real estate agents working in the suburb, but just 5 of them were responsible for 30.0% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2% to 2.75%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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