FOR SALE
Guide - $749,000

24 William Street
Karuah NSW 2324

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7ac
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Lush Bushland Acreage Adjoining a New Family Estate in Booming Suburb

Set on the edge of a modern estate and surrounded by new family homes, this substantial landholding is your ticket to an exceptional lifestyle. Spanning 7 acres of lush bushland and including a 900sqm building envelope, here is the perfect opportunity for owner-occupiers to build a family masterpiece with all the extras and create a long-term home, or for entrepreneurs to join the small house movement and construct bed and breakfast accommodation within a growing tourist hub (STCA).
An outstanding opportunity to become part of a burgeoning riverside area, this location of this land is exceptional. Boat enthusiasts will love living moments from the boat ramp and the deep waters of the Karuah River, the kids will have access to an enclosed area for swimming, and the local village is minutes away for essential supplies, casual dining options or picking up some of the areas famous oysters. Having the major township of Raymond Terrace 25 minutes away is another great asset and travelling north or south is a breeze with the Pacific Highway at your fingertips.
- Bumper landholding ready to be cleared and offering versatility in spades
- Tree-studded and largely level with all services readily available
- On the edge of a new and modern family estate filled with family homes
- Lifestyle location near the bank of the Karuah River and within a tight-knit community
- Great for commuters with momentary access to the Pacific Highway
- 15 minutes to Hawkes Nest for pristine and uncrowded surf beaches
- Rare opportunity to acquire a substantial parcel within a booming area
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Property Details for 24 William St, Karuah

Building Type
Land
Land Size
7ac

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About Karuah 2324

The size of Karuah is approximately 74.7 square kilometres. It has 13 parks covering nearly 32.1% of total area. The population of Karuah in 2011 was 1,326 people. By 2016 the population was 1,421 showing a population growth of 7.2% in the area during that time. The predominant age group in Karuah is 60-69 years. Households in Karuah are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Karuah work in a trades occupation. In 2011, 72% of the homes in Karuah were owner-occupied compared with 73.1% in 2016.

Karuah has 1,163 properties. Over the last 5 years, Houses in Karuah have seen a 81.66% increase in median value, while Units have seen a -46.78% decrease. As at 31 July 2024:

  • The median value for Houses in Karuah is $629,049 while the median value for Units is $350,059.
  • Houses have a median rent of $530.
There are currently 15 properties listed for sale, and 1 property listed for rent in Karuah on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Karuah.

Suburb Insights for Karuah 2324

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John Todorovski
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.