7 Collarena Cres, Kahibah is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 631m2 and floor size of 213m2. While the property is not currently for sale or for rent, it was last sold in January 2018.
With loads of potential and in need of some TLC to unlock its true potential, this hugely versatile property offers wide appeal to large or multi-generational families or savvy investors looking to enjoy the benefits of dual income living and good capital growth.
Currently configured as a three bedroom/one bathroom home with separate two bedroom/ one bathroom residence, each with its own kitchen and laundry, it could easily convert into one large family home, or into two independent dwellings with an expected gross rental yield of up to 6 per cent.
Residents are guaranteed to enjoy a convenient lifestyle an easy stroll to Kahibah village shops and central to both Westfield Kotara and Charlestown Square. Jump on a nearby bus to the CBD or Belmont or access the popular Fernleigh Track and Glenrock State Conservation Area in minutes.
The size of Kahibah is approximately 1.1 square kilometres. It has 5 parks covering nearly 16.7% of total area. The population of Kahibah in 2011 was 2,083 people. By 2016 the population was 2,473 showing a population growth of 18.7% in the area during that time. The predominant age group in Kahibah is 0-9 years. Households in Kahibah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kahibah work in a professional occupation. In 2011, 76.7% of the homes in Kahibah were owner-occupied compared with 75.9% in 2016.
Kahibah has 1,305 properties. Over the last 5 years, Houses in Kahibah have seen a 72.36% increase in median value, while Units have seen a 53.49% increase. As at 31 October 2024:
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