Karama is an established Darwin northern suburb with a local shopping centre, primary school and parks. One of Darwin's most affordable housing suburbs, it is popular with investors and families for competitive pricing and strong rental demand from defence and FIFO workers. At the current $480k median house price, an 80% loan at 6.25% over 30 years is about $2,364 per month.
| Median house price | $480,000 |
|---|---|
| Median unit price | $310,000 |
| Estimated monthly repayment | $2,364 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 6% |
| Gross rental yield | 7% |
| Typical days on market | 28 |
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