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Sold on 12 Sep 2024 for $635,000

1/2 River Drive
Karabar NSW 2620

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 109m2
Land area: 849m2
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Property Details for 1/2 River Dr, Karabar

1/2 River Dr, Karabar is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1991. The property has a land size of 849m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Townhouse sold in Karabar in the last 12 months.

Building Type
Townhouse
Year Built
1991
Floor Size
109m2
Land Size
849m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
1/SP50712

Last Listing description (September 2024)

Embrace the opportunity to live in a vibrant, community-oriented neighbourhood where nature meets convenience. This charming three-bedroom home is ideally located for those who value proximity to bushland, the Queanbeyan River, and the Karabar shopping district. With public transport at your doorstep and easy access to major arterial roads, commuting is a breeze.

Step inside to find a well-designed, single-level home with separate living and dining areas that provide both functionality and space. The property offers a single-car garage plus additional parking for two vehicles?perfect for a campervan or boat. Whether you are a first home buyer or looking to downsize, this home has everything you need.

The residence features three generously sized bedrooms, including a master with direct access to a two-way bathroom. The practical kitchen boasts modern design elements, while a separate WC and laundry add to the convenience. At the rear, a fantastic, covered patio backs onto open space, creating a peaceful retreat.

Enjoy outdoor living with two covered areas, perfect for relaxation or entertaining. The front yard offers an opportunity to create a lush garden oasis, while the high fencing in the rear ensures privacy for family gatherings or playtime.

This well-maintained property is on the market for the first time in over 28 years. Cherished by its current owner, it is now ready for you to make it your own.

Features Include:
? Three spacious bedrooms
? Practical and functional floor plan
? Main bathroom and ensuite on the ground floor
? Built-in wardrobe in Master Bedroom
? Covered front and rear outdoor living areas
? Electric cooktop, tower positioned oven
? Split reverse cycle heating and cooling systems
? Single-car garage
? Additional outdoor parking for recreational vehicles
? Ideal location close to schools, transport, and shops

Property Particulars (approx.):
? Complex of only two dwellings
? Living: 99m?
? Garage: 20m?
? Front Covered Porch/Courtyard: 14m?
? Rear Covered Patio: 56m?
? Total Areas: 189m?
? Land Size: 424.5m?
? Built: 1991

Financial Details:
? Council Rates: $605.00 per quarter (subject to change)
? Strata Fees: $550 per quarter ( approx.) (subject to change)
? Rental Assessment: $590.00 to $620.00 per week

Disclaimer: All information regarding this property is from sources we believe to be accurate, however, we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture, and descriptions.

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Property History for 1/2 River Dr, Karabar, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$635,000
12 Sep 2024
  • 12 Sep 2024
    Sold for $635,000
  • 17 Jul 2024
    Listed for Sale Not Disclosed
  • 25 Aug 1995
    Sold for $105,000

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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 3,733 properties. Over the last 5 years, Houses in Karabar have seen a 50.85% increase in median value, while Units have seen a 47.60% increase. As at 31 October 2024:

  • The median value for Houses in Karabar is $707,862 while the median value for Units is $519,165.
  • Houses have a median rent of $600 while Units have a median rent of $460.
There are currently 13 properties listed for sale, and 4 properties listed for rent in Karabar on OnTheHouse. According to CoreLogic's data, 124 properties were sold in the past 12 months in Karabar.

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