Pegs Creek
Suburb profile, market snapshot and recent listings for Pegs Creek, WA 6714.
About Pegs Creek
Welcome to Pegs Creek
Pegs Creek is a compact residential suburb in Karratha, in the heart of Western Australia's Pilbara region. Sitting close to the town centre and bordered by Millars Well, Bulgarra, Stove Hill and Karratha itself, it's a practical, family-friendly pocket that's long been popular with Pilbara workers and locals wanting easy access to everything without the premium of being right in the centre.
With a population of around 2,050 and a median age of just 33, Pegs Creek has the feel of a young, working suburb — plenty of families, FIFO workers and couples drawn by its solid housing stock and no-fuss layout. It suits buyers and tenants who want a settled residential base close to Karratha's schools, shops and services, rather than a lifestyle destination in its own right.
Lifestyle & dining
Life in Pegs Creek is low-key and residential, with most day-to-day dining and socialising happening a short drive away in Karratha's town centre. The suburb itself is more about quiet streets and backyard living than cafe strips, which is part of its appeal for families and shift workers who want a break from the bustle at the end of the day.
For nights out, Karratha's central precinct offers the bulk of the region's pubs, takeaways and restaurants, while Bulgarra and Millars Well add a few more local options nearby. It's a suburb where residents tend to base their social life around Karratha's broader offering rather than expecting it on their own doorstep.
Shopping
Pegs Creek benefits from its proximity to Karratha City Shopping Centre, the Pilbara's major retail hub, with supermarkets, fashion stores, banks and services all close by. Everyday errands are easy too, with smaller local shops dotted through neighbouring Millars Well and Bulgarra rounding out the convenience factor.
For bigger shopping trips or specialty retailers, Karratha's town centre remains the go-to, meaning Pegs Creek residents get the benefit of a major regional centre without living in the thick of it.
Getting around
Being so close to Karratha's centre, Pegs Creek is an easy suburb to get around from, whether you're commuting to the town centre, the port, or out to the industrial areas that drive much of the Pilbara's economy. Most trips are made by car, and the suburb's position among Millars Well, Stove Hill and Bulgarra means arterial roads connect quickly to the rest of Karratha.
Karratha Airport provides regular flights to Perth and other regional centres, an important link for the area's FIFO workforce, while Karratha's bus network offers local connections for those without a car.
Schools & families
With a young median age of 33, Pegs Creek attracts plenty of families, and its location puts residents within easy reach of Karratha's schooling options, including primary and secondary schools serving the wider town. The suburb's quiet, established streets and proximity to Millars Well and Bulgarra make it a practical base for households juggling school runs and work commitments.
The property market
Pegs Creek's property market has been on a strong run, with house prices climbing 15.7% recently to a median of $625,000. Units and apartments sit close behind at a median of $635,000, while renters are paying a median of $1,200 per week — figures that reflect the tight housing conditions typical of Pilbara towns tied to resources-sector demand.
Houses dominate the current listings at 67%, with apartments and units making up 25%, townhouses 6% and vacant land the remaining 3%. That mix gives buyers a reasonable spread of options, from family homes to lower-maintenance units, in a market that continues to show solid upward momentum.
Market snapshot
Pegs Creek property market
Median sale price
$625k
House · 3 bed
Median rent
$1,200
per week
Gross rental yield
10.0%
annual rent ÷ sale price
Typical price range
Entry
$506k
Median
$625k
Premium
$800k
Days on market
10
Auction clearance
0%
Sold this year
25
Median sold price trend · House 3 bed
Compound growth +9.3% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Pegs Creek by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Pegs Creek, WA 6714.
Population
2,050
residents (2021)
Median age
33
years
Household income
$2,420
median, per week
Median rent
$367
per week
Median mortgage
$1,733
per month
Mortgage / income
17%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Recent results
Recently sold in Pegs Creek
$630k
5 Truslove Way
Sold ~July 2026
$835k
1 Page Court
Sold ~July 2026
$549k
25/26 Sharpe Avenue
Sold ~June 2026
$690k
9/30 Demetre Crescent
Sold ~June 2026
$475k
27 Marsh Way
Sold ~June 2026
$649k
8/26 Sharpe Avenue
Sold ~June 2026
$475k
98/23 Sharpe Avenue
Sold ~June 2026
$549k
84/23 Sharpe Avenue
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Pegs Creek
Compare the area
Price map around Pegs Creek
Every listing for sale near Pegs Creek, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Pegs Creek suburb FAQ
What is the median property price in Pegs Creek?
The median unit price in Pegs Creek, WA is $635k for a 2-bedroom home. Over the past year, median sold prices have risen about 74.0%.
How much is rent in Pegs Creek?
The median weekly rent in Pegs Creek is around $900 per week.
Is Pegs Creek a good place to live?
Pegs Creek is an established residential suburb in WA, with a population of around 2,050.
What is the population of Pegs Creek?
Pegs Creek has a population of 2,050 (ABS 2021 Census), with a median age of 33.
How long do homes take to sell in Pegs Creek?
Properties in Pegs Creek take around 31 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Pegs Creek?
Entry-level properties in Pegs Creek start around $409k, while premium homes reach $693k.
What suburbs are near Pegs Creek?
Suburbs near Pegs Creek include Karratha, Well, Stove Hill, Millars Well and Blocks Bulgarra.
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