The suburb of Carabooda (spelled Karoborup or Karroborup in earlier documents) takes its name from the lake nearby.

[4] Carabooda is a sparsely populated agricultural suburb, and several plant nurseries and wineries and a wildlife park are located in the area.

[3] Carabooda was served by the Transperth 490 bus route between Clarkson train station and Two Rocks along Wanneroo Road.

However, the service was relocated to Marmion Avenue and the nearby suburb of Yanchep on 14 December 2008, and Carabooda is no longer served.

The nearest large booths tend to favour the Australian Labor Party historically, although most have been won by the Coalition in recent times, especially at federal level.