Carine vs MullalooTwo Perth suburbs compared for a home loan
Carine (WA 6020) is approximately 13 km north-west of the Perth CBD. Mullaloo (WA 6027) is approximately 22 km north-north-west of the Perth CBD, on the Indian Ocean coast. At the 2021 Census, Carine had 7,330 residents with a median age of 43, and Mullaloo had 6,190 residents with a median age of 41.
In both suburbs the most common occupied dwelling was separate houses. Flats and apartments made up 4% of occupied dwellings in Carine and 0% in Mullaloo, while 10% of Carine households rented compared with 14% in Mullaloo. These differences matter for finance, because lenders assess apartments, strata buildings and houses on land differently.
Both suburbs are in the same state, so transfer duty is calculated on the same scale and the difference in upfront cost comes from the purchase price. The panel below applies that scale, and an estimate of lenders mortgage insurance, to the prices you enter.
WA 6020 · Northern metropolitan Perth
Carine
Carine is an established City of Stirling suburb of mostly detached family houses around Carine Regional Open Space, with Warwick Station close by.
City of Stirling. Approximately 13 km north-west of the Perth CBD.
Read the full Carine guideWA 6027 · Northern coastal suburbs of Perth
Mullaloo
Mullaloo is an established beachside suburb in the City of Joondalup, with detached family houses, high owner-occupation and no train station.
City of Joondalup. Approximately 22 km north-north-west of the Perth CBD, on the Indian Ocean coast.
Read the full Mullaloo guide
What buying in Carine and Mullaloo would mean for the loan
The difference between two suburbs is usually a difference in price, and price drives the deposit, the transfer duty, any lenders mortgage insurance and the repayment. Enter the prices you are seeing and the panel works out each of those for Carine and Mullaloo.
Your prices and deposit
Enter the price you are seeing in each suburb. BorrowWise does not quote prices, so the comparison uses yours.
Enter a price for Carine to see the repayment, transfer duty and upfront cash.
Enter a price for Mullaloo to see the repayment, transfer duty and upfront cash.
Warning: The interest rate used here is an example only. It is not a comparison rate and is not a rate offered by any lender, and it does not include fees and charges. Different rates, terms, fees or loan amounts will give a different result.
Estimates only. Repayments assume a principal and interest loan at a constant rate, which is an assumption and not a current market rate. Transfer duty is indicative for established homes, first home buyer relief depends on eligibility, and upfront cash includes an allowance of $3,000 for conveyancing and inspections. Lenders mortgage insurance is an estimate and is added to the loan. A lender makes its own assessment.
Carine and Mullaloo: Census profile compared
Figures are from the 2021 Census, so rents, repayments and incomes have moved since. They are most useful for comparing one suburb with another and with Australia as a whole.
| Measure | Carine | Mullaloo |
|---|---|---|
| People and households | ||
| Residents | 7,330 | 6,190 |
| Median ageAustralia 38 | 43 | 41 |
| Average household sizeAustralia 2.5 | 2.8 | 2.8 |
| Median household income, weeklyAustralia $1,746 | $2,442 | $2,447 |
| Housing costs at the 2021 Census | ||
| Median rent, weeklyAustralia $375 | $450 | $470 |
| Median mortgage repayment, monthlyAustralia $1,863 | $2,340 | $2,383 |
| Who owns and who rents | ||
| Households rentingAustralia 31% | 10% | 14% |
| Owned with a mortgageAustralia 35% | 43% | 48% |
| Owned outrightAustralia 31% | 45% | 37% |
| Types of home | ||
| Separate housesAustralia 72% | 86% | 95% |
| Townhouses, terraces and semi-detachedAustralia 13% | 10% | 5% |
| Flats and apartmentsAustralia 14% | 4% | 0% |
| Homes with two bedrooms or fewer | 9% | 3% |
| Homes with four bedrooms or more | 68% | 70% |
| Dwellings unoccupied on Census night | 4% | 6% |
Source: Australian Bureau of Statistics, 2021 Census (CC BY 4.0). Tenure shares exclude households that did not state their tenure. Dwelling shares are of occupied private dwellings.
Home loan considerations in Carine and Mullaloo
Lenders treat houses on land, townhouses and apartments differently, and some apply extra conditions to small apartments, high-density buildings or particular postcodes. These are the points each guide raises.
Carine
- Upgraders
- Downsizers
- First home buyers
- Large family houses require larger loans, so serviceability at the lender's assessment rate, not the property type, is usually the limiting factor.
- Upgraders who buy before selling may need bridging finance, or an offer condition that makes the purchase subject to the sale of an existing home.
- Western Australian contracts have no mandatory cooling-off period, so finance and inspection conditions need to be written into the offer before signing.
- Unapproved patios, pools and upper-floor additions can delay a valuation or settlement if the lender asks for evidence of council approval.
- Apartments carry strata levies that reduce borrowing capacity, and retirement village units are generally outside standard home loan products.
- Houses beside the Mitchell Freeway, Reid Highway or Marmion Avenue may attract valuer comment on traffic noise.
Mullaloo
- Upgraders
- Downsizers
- Investors
- First home buyers
- Homes range from unrenovated originals to new ocean-view houses, so comparable sales can be few and valuations may vary.
- Knock-down rebuild and major renovation projects usually need a construction loan assessed against a fixed-price building contract.
- Upgraders selling another home may need bridging finance or an offer made subject to the sale of their existing property.
- Houses beside the foreshore reserve or bushland may be designated bushfire prone, which affects rebuilding cost and design.
- Western Australian contracts have no mandatory cooling-off period, so finance and inspection conditions need to be written into the offer.
- Transfer duty is a substantial upfront cost on higher-value homes and is generally paid from savings rather than borrowed.
Housing stock in Carine and Mullaloo compared
Carine
- Established four-bedroom family houses
- Brick houses built since the 1970s, many double-storey; four-bedroom dwellings numbered 1,372 at the 2021 Census.
- Older three-bedroom houses and duplexes
- The 570 three-bedroom homes counted at the 2021 Census include earlier houses and duplex halves created by infill.
- Townhouses and villas
- Semi-detached and townhouse dwellings made up 250 of the occupied homes counted at the 2021 Census.
- Apartments on the former TAFE site
- Of 100 occupied flats or apartments at the 2021 Census, 96 were in blocks of four to eight storeys.
Mullaloo
- Original brick and tile houses
- Single-storey family homes built in the decades after subdivision began in 1959, many since renovated or extended.
- Large family homes and rebuilds
- Two-storey and rebuilt houses, some with ocean views; 1,213 dwellings had four bedrooms at the 2021 Census.
- Townhouses and villas
- Semi-detached, terrace and townhouse dwellings numbered only 104 at the 2021 Census, so smaller homes are scarce.
Official sale price and rent figures for Carine and Mullaloo
Only figures published free of charge by a government agency are shown. Where none is published the space is left empty rather than filled with an estimate. Each guide charts the full series.
Carine
No government agency publishes a free median sale price or rent series for Carine, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Mullaloo
No government agency publishes a free median sale price or rent series for Mullaloo, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Transport, schools and amenities in Carine and Mullaloo
Carine
Transport
- Warwick Station (train)
- Transperth routes 441 to 444 (bus)
- Transperth routes 423, 424 and 425 (bus)
- Mitchell Freeway (road)
- Reid Highway (road)
- Marmion Avenue (road)
Schools and campuses
- Carine Senior High School (secondary, government)
- Carine Primary School (primary, government)
- Our Lady of Grace School (North Beach) (primary, catholic)
Amenities
- Carine Regional Open Space
- Carine Regional Open Space skate park
- Karrinyup Shopping Centre (Karrinyup)
- Osborne Park Hospital (Stirling)
- Glengarry Private Hospital (Duncraig)
Mullaloo
Transport
- No train station in Mullaloo (train)
- Transperth routes 460, 461 and 462 (bus)
- Marmion Avenue (road)
- Ocean Reef Road (road)
Schools and campuses
- Mullaloo Heights Primary School (primary, government)
- Mullaloo Beach Primary School (primary, government)
- Ocean Reef Senior High School (Ocean Reef) (secondary, government)
- Belridge Secondary College (Beldon) (secondary, government)
- Prendiville Catholic College (Ocean Reef) (secondary, catholic)
- St Mark's Anglican Community School (Hillarys) (combined, independent)
Amenities
- Mullaloo Beach
- Tom Simpson Park
- Mullaloo Surf Life Saving Club
- Mullaloo Plaza
- Marmion Marine Park
- Joondalup Health Campus (Joondalup)
School listings show name, level and sector only. Enrolment areas change, so confirm eligibility for a specific address with the school or the Western Australia education department.
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