FOR SALE
Offers Over $699,000

27 Essex Street
Karalee QLD 4306

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 216m2
Land area: 630m2
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Lowset Family Home or Investment Property in Convenient High Growth Location!

Welcome to 27 Essex Street, Karalee – a delightful family home offering both comfort and convenience in one of the most sought-after locations. This beautifully presented property sits on a generous 630m² fully fenced block, providing ample space for outdoor activities while ensuring privacy and security for the whole family.
Step inside to discover a spacious and thoughtfully designed layout, perfect for modern living. With four well-appointed bedrooms, including a master bedroom complete with an ensuite, this home is perfectly suited for families of all sizes. Each bedroom offers plenty of natural light and built-in wardrobes.
The heart of the home is undoubtedly the expansive open-plan living and dining area, seamlessly flowing into the contemporary kitchen. Boasting ample bench space, modern appliances, and abundant storage, this kitchen is ideal for preparing family meals or entertaining guests with ease. Adjacent to this area is the second living space, providing the perfect retreat for a media room, kids' play area, or an additional lounge for quiet relaxation.
Stepping outside, you'll find a large covered patio – perfect for hosting gatherings, barbecues, or simply enjoying your morning coffee while overlooking the low-maintenance backyard. The fully fenced yard is an ideal space for children and pets to play safely, with plenty of room to add a personal touch.
Additional features of this fantastic property include a double lockup garage, ensuring secure parking for two vehicles and extra storage space for tools or recreational equipment. With the Karalee Shopping Village just a short walk away, you'll enjoy easy access to all your daily needs, including supermarkets, cafes, medical facilities, and more.
This property represents a fantastic investment opportunity with great depreciation benefits for savvy investors. Currently tenanted with fantastic occupants paying $2,348.33 per month, this property offers a steady income stream. The lease is set to expire on the 24th of January 2025.
Ipswich City Council Rates: $630 per quarter (subject to change)
Water Charges: $218 per quarter plus consumption (subject to change)
Items of Note:
• 4 spacious bedrooms, master with walk-in robe and ensuite
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Property Details for 27 Essex St, Karalee

27 Essex St, Karalee is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 630m2 and floor size of 216m2. The place is currently for sale with NGU Real Estate.

Building Type
House
Year Built
2018
Floor Size
216m2
Land Size
630m2

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About Karalee 4306

The size of Karalee is approximately 15.6 square kilometres. It has 11 parks covering nearly 5.3% of total area. The population of Karalee in 2011 was 3,683 people. By 2016 the population was 4,350 showing a population growth of 18.1% in the area during that time. The predominant age group in Karalee is 10-19 years. Households in Karalee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karalee work in a professional occupation. In 2011, 90.9% of the homes in Karalee were owner-occupied compared with 86.8% in 2016.

Karalee has 2,227 properties. Over the last 5 years, Houses in Karalee have seen a 83.55% increase in median value, while Units have seen a 83.97% increase. As at 31 August 2024:

  • The median value for Houses in Karalee is $997,032 while the median value for Units is $677,840.
  • Houses have a median rent of $575.
There are currently 27 properties listed for sale, and 3 properties listed for rent in Karalee on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Karalee.

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