Median price trend for houses
Based on 4 sales in the preceding 12 months
$1,100,000
Up 23.2% over 12 months
Aerial view
Imagery © Esri
The quick read on
Karoola
TAS 7267 · Launceston
What homes cost, how rents have moved, and a feel for the people who call it home.
- Median house
- $1,100,000
- Population
- 349
- Postcode
- 7267
latest suburb median
ABS 2021
Karoola, Tasmania
Property market insights for Karoola
Median sale price and rental income of properties in Karoola TAS
Median rent trend for houses
Based on 2 rental listings in the preceding 12 months
$700 per week
Market data updated October 2026.
The median house price in Karoola, TAS is currently $1,100,000, based on the latest 12 months of sales. Karoola has a 12-month growth rate of 23.2% for houses.
If you're looking to lease, the median rent for houses in Karoola is $700 per week.
Crime and safety
Is Karoola safe?
The overall rate for Karoola is 8,042 offences per 100,000 residents — 32% below the Rest of Tas. benchmark.
That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Karoola.
Overall crime rate
8,042
offences per 100,000 residents
32% belowRest of Tas.
KaroolaRest of Tas.: 11,845
Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.
The people behind the postcode
Who lives in Karoola?
Karoola TAS 7267 is in Tasmania, within Rest of Tas..
349 people call Karoola home, with an average of 2.5 people per household and a median household income of $1,625 a week.
Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.
- Population
- 349
- Median age
- 46 years
- Median mortgage
- $1,300 / month
- 2021 household rent
- $280 / week
Above the benchmarkBelow the benchmarkIn lineRest of Tas. benchmark
Age profile
Share of residents in each age band.
Under 1514.6%Below
15–3422.9%In line
35–5423.8%In line
55–7435.8%Above
75 and over4.0%Below
Homes
Share of occupied private dwellings.
Separate houses100.0%Above
Townhouses0.0%Below
Apartments0.0%Below
Ownership
Share of homes with a stated ownership or rental status.
Owned outright40.2%Below
Paying a mortgage49.6%Above
Renting10.2%Below
Cars at home
Vehicles available to occupied households.
No car0.0%Below
One car9.4%Below
Two cars41.4%Above
Three or more53.1%Above
Getting to work
Selected ways residents worked or travelled on Census day.
Worked from home11.4%Above
Drove to work74.5%Above
Train, tram or bus0.0%Below
Walked or cycled2.7%Below
What stands out in Karoola
11.4% of workers in Karoola worked from home on Census day — noticeably more common than across Rest of Tas..
3.4% of Karoola residents were born in England.
49.0% of people in Karoola described themselves as having no religion in the 2021 Census.
A closer look at the Census
Questions people ask about Karoola
Open any question for a plain-English reading of the public 2021 Census for Karoola TAS 7267.
Is Karoola family-friendly?Age, family structure and household size describe the community families would be joining.
14.6% of Karoola's residents were children under 15 in the 2021 Census. That is close to the Rest of Tas. average.
107 family households lived in Karoola; 38.3% were couple families and 10.3% were one-parent families.
20.6% of local families included children under 15. That is well below the Rest of Tas. average.
These are suburb-wide household figures, not school or childcare ratings.
What is the age profile of Karoola?The balance between younger adults, families and older residents changes how a suburb feels day to day.
Karoola had 349 residents at the 2021 Census.
24.1% of residents were aged 25 to 44.
39.8% were 55 or older. That is somewhat above the Rest of Tas. average.
Age shares use the suburb’s total Census population.
What kind of homes are in Karoola?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.
Separate houses made up 100.0% of occupied private dwellings in Karoola.
Townhouses and other attached homes represented 0.0% of occupied private dwellings.
Flats and apartments accounted for 0.0% of occupied private dwellings.
All three shares use occupied private dwellings as the denominator.
Do people own or rent in Karoola?Tenure shows how many households own outright, have a mortgage or rent.
40.2% of households with a stated tenure owned their home outright. That is close to the Rest of Tas. average.
49.6% were buying their home with a mortgage.
10.2% rented their home. That is about half the Rest of Tas. rate.
Tenure shares include households that stated one of these three arrangements.
How large are households in Karoola?Household-size data shows the mix behind the suburb-wide average.
The average household in Karoola had 2.5 people.
One-person households made up 12.2% of occupied homes. That is about half the Rest of Tas. rate.
Two-person households represented 46.6%, while 19.1% had four or more usual residents.
Household size counts usual residents in occupied homes.
How do people get to work in Karoola?Census-day travel shows the balance between home, road, public transport and active travel.
11.4% of workers worked from home on Census day. That is somewhat above the Rest of Tas. average.
74.5% drove a car as their only travel method. That is well above the Rest of Tas. average.
0.0% used only a train, tram or bus, while 2.7% walked or cycled.
Travel figures are a 2021 Census-day snapshot.
How many cars do households have in Karoola?Vehicle availability helps describe the routines local households can support.
0.0% of occupied households had no motor vehicle available. That is about half the Rest of Tas. rate.
One-car households formed 9.4% of the total.
94.5% of households had two or more vehicles.
Vehicle counts refer to occupied households, not individual residents.
Who's moving to Karoola, and who stays?Address history shows how settled or recently mobile residents were at the Census date.
71.0% were at the same address five years earlier, while 29.0% reported a different address.
7.7% of residents were born outside Australia. That is somewhat below the Rest of Tas. average.
Mobility figures cover residents who answered the relevant Census question.
What languages are spoken in Karoola?Language at home gives a direct view of the community’s everyday linguistic mix.
91.4% of residents used only English at home.
0.9% used a language other than English at home.
0.0% spoke Mandarin at home, 0.0% spoke Cantonese and 0.0% spoke Hindi.
Home language is separate from English proficiency.
Where were Karoola residents born?Birthplace adds another layer to the local story, separate from ancestry and language.
7.7% of Karoola's population was born outside Australia, while roughly 92.3% was born in Australia.
0.0% of residents were born in China.
0.0% were born in India, while Australian citizenship across the whole suburb stood at 92.6%.
Birthplace, citizenship and ancestry describe different parts of identity.
What ancestries shape Karoola?Ancestry responses show how residents describe family and cultural background.
English ancestry accounted for 48.7% of ancestry responses in Karoola.
Australian ancestry made up 41.3% of responses.
Chinese ancestry represented 0.0% of responses.
People may nominate more than one ancestry, so these are shares of responses.
What work do people do in Karoola?Occupation describes a person’s role; industry describes the sector employing them.
10.9% of employed residents worked in professional occupations. That is somewhat below the Rest of Tas. average.
Managers accounted for 15.8% of employed residents, while clerical and administrative workers made up 10.9%.
Health care and social assistance employed 17.4% of workers, and education and training employed 6.0%.
Occupation and industry figures describe employed residents of the suburb.
How active is the workforce in Karoola?Participation, employment pattern and unemployment describe the resident labour force.
The labour-force participation rate was 64.9%, compared with 55.7% across Rest of Tas..
34.5% of residents aged 15 and over worked full time, while 23.0% worked part time.
Unemployment was 3.1%, compared with 5.6% across Rest of Tas..
Labour-force figures come from the 2021 Census.
What does the health profile of Karoola show?Selected long-term health conditions help describe community service needs.
56.2% reported no selected long-term health condition.
8.6% reported a long-term mental health condition, including depression or anxiety.
8.6% reported asthma, 15.5% arthritis and 4.3% diabetes excluding gestational diabetes.
These are self-reported suburb-wide Census figures, not address-level health risks.
How educated is Karoola?Qualifications describe the study pathways represented among local residents.
17.5% of people in the qualifications table held a bachelor degree. That is close to the Rest of Tas. average.
Postgraduate degrees accounted for 7.3% of qualification responses.
Diploma-level qualifications represented 14.7%, while certificate-level qualifications represented 46.3%.
Qualification categories are reported separately and are not school ratings.
What do incomes and housing costs look like in Karoola?Census income and household payments give historical context for local living costs.
Median household income was $1,625 per week in the 2021 Census.
The median monthly mortgage repayment reported by local households was $1,300.
Occupied renting households reported a median rent of $280 per week.
These household figures are from 2021; current sale and asking-rent medians appear in the market section.
How does Karoola compare with Rest of Tas.?A few clear differences place the suburb in its wider metropolitan context.
Working from home was 11.4% in Karoola, compared with 7.9% across Rest of Tas..
Outright ownership was 40.2% locally and 41.1% across Rest of Tas.. That is close to the Rest of Tas. average.
Renting accounted for 10.2% in Karoola, against 25.6% across Rest of Tas..
Capital-region comparisons use the same Census definitions and year.
Three useful questions
A buyer’s quick guide to Karoola
Is Karoola expensive?
The median house price is $1,100,000. Bedroom count, land and condition still create a wide range around those suburb medians.
Is Karoola good for families?
The Census counted 107 local families, and 14.6% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.
What can I get for $1.5m in Karoola?
The free data does not have a dependable bedroom breakdown for this suburb. Compare the current house and unit medians above, then use live listings to see what a $1.5m budget buys today.
Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.
Explore the area
Streets and suburbs around Karoola
21 streets in Karoola
Street-by-street reports are not published yet. The streets below are the ones this suburb covers.
- Arnolds Rd
- Bangor Rd
- Barretts Rd
- Breens Dr
- Brown Mountain Rd
- Collins Rd
- Dicksons Rd
- Evans Rd
- Griffins Rd
- Karoola Rd
- Lalla Rd
- Mccarthys Rd
- Nicholls Rd
- Pipers River Rd
- Pooles Rd
- Rowleys Hill Rd
- Second River Rd
- Waddles Rd
Show all 21 streetsShow fewer streets
- Watchorns Rd
- Windsors Rd
- Wulfs Rd
12 suburbs surrounding Karoola
Compare nearby suburb prices, rents and five-year market trends.
Keep exploring
Is Karoola right for your search?
Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.
Read the thinking
Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.