FOR SALE
2 titles across 3 Lots - o/o $199,000

Contact Agent For Address
Karumba QLD 4891

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Land area: 3028m2
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Fishing Heaven + Investor Alert - 2 Titles, Numerous Dwellings + Sheds Galore

Situated in the Fishing town of Karumba, these houses represent incredible value with numerous possibilities. All dwellings currently tenanted.
The large shed with amenities on 53 is reserved for the owners exclusive use, so you have income and lifestyle wrapped up.
Other uses could be converting one or more properties into Air BnB's for the weekend or winter fishing tourist market.
THE BREAKDOWN:
51 & 53 are being sold together on one title. Both lots = 2,016m2. Offers Around $425,000 Considered.
51 has a 2 bedroom, 1 bathroom house and a 1 bedroom, 1 bathroom house with a light framed vinyl roof patio - granny flat.
Current Rental return - $150 per dwelling pw = $300 pw.
53 - 1 bedroom and 1 bathroom, perfect for boat storage. - 5m clearance under roller door.
Potential rental return for the shed for rental storage up to $300 pw.
80 - NOW SOLD - 1,012m2. $180,000. Backing onto bushland.
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Property Details for Contact Agent For Address, Karumba

Contact Agent For Address, Karumba is a 4 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 3028m2. The place is currently for sale with CAIRNS PROPERTY OFFICE.

Building Type
House
Land Size
3028m2

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About Karumba 4891

The size of Karumba is approximately 136.9 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Karumba in 2011 was 587 people. By 2016 the population was 522 showing a population decline of 11.1% in the area during that time. The predominant age group in Karumba is 50-59 years. Households in Karumba are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Karumba work in a labourer occupation. In 2011, 50% of the homes in Karumba were owner-occupied compared with 57.4% in 2016.

Karumba has 410 properties. Over the last 5 years, Houses in Karumba have seen a 4.74% increase in median value, while Units have seen a -4.36% decrease. As at 31 October 2024:

  • The median value for Houses in Karumba is $157,178 while the median value for Units is $288,166.
There are currently 7 properties listed for sale, and no properties listed for rent in Karumba on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Karumba.

Suburb Insights for Karumba 4891

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Robyn Hawley-Whitton
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CAIRNS PROPERTY OFFICE
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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.