FOR SALE
$640,000-$680,000

7 Ingleside Road
Karabar NSW 2620

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 974m2
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Dual Occ. - Opportunity Plus!

A wonderful opportunity presents itself with this 974m2 block providing an established comfortable 2-bedroom home due for an upgrade!
The opportunity presents the potential of building 2 dwellings as a dual occupation.
There are several ways you may make use of this fantastic opportunity:
1. As a knock-down rebuild with a new 4 bedroom home; and leave room for a backyard for the kids to play in. Keep the metal garage as a workshop or additional garage.
Or;
2. Rent out the existing home while your D.A. is approved, then knock down and rebuild your new home (with the option of an additional granny flat).
Or;
3. You may live in the existing home while you build the rear granny flat - then move in once completed. The existing home then could be knocked down and re-build a larger main dwelling. This would suit a couple looking to live in the main residence while mum and dad live in the granny flat!
Or;
4. Alternatively, as a knockdown rebuild dual occ, live in the main home and rent out the rear home to help pay the mortgage, making it an astute investment for the future. Whatever your plans are, they will be subject to QPRC council approval.
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Property Details for 7 Ingleside Rd, Karabar

7 Ingleside Rd, Karabar is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 974m2. The place is currently for sale with Ray White Queanbeyan/Jerrabomberra.

Building Type
House
Land Size
974m2

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About Karabar 2620

The size of Karabar is approximately 7 square kilometres. It has 12 parks covering nearly 8.9% of total area. The population of Karabar in 2011 was 8,600 people. By 2016 the population was 8,247 showing a population decline of 4.1% in the area during that time. The predominant age group in Karabar is 40-49 years. Households in Karabar are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karabar work in a clerical occupation. In 2011, 66.6% of the homes in Karabar were owner-occupied compared with 67% in 2016.

Karabar has 3,729 properties. Over the last 5 years, Houses in Karabar have seen a 47.17% increase in median value, while Units have seen a 50.82% increase. As at 30 September 2024:

  • The median value for Houses in Karabar is $703,156 while the median value for Units is $523,763.
  • Houses have a median rent of $600 while Units have a median rent of $460.
There are currently 12 properties listed for sale, and 4 properties listed for rent in Karabar on OnTheHouse. According to CoreLogic's data, 128 properties were sold in the past 12 months in Karabar.

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Mike Boyle
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Ray White Queanbeyan/Jerrabomberra
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