SOLD
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Sold on 18 Sep 2024 - Price Unavailable

1 Downey Street
Karabar NSW 2620

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 115m2
Land area: 619m2
Sold By
Blackshaw Queanbeyan & Jerrabomberra
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Property Details for 1 Downey St, Karabar

1 Downey St, Karabar is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 619m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Karabar in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
115m2
Land Size
619m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
35/DP214405

Last Listing description (October 2024)

This gorgeous three-bedroom cottage on a large corner block is ideally located close to schools and public transport and is a solid investment opportunity, currently leased at $600 per week until 21st August 2025.

The home features a large sunny living space, and polished timber floors throughout. A standout is the large east-facing sunroom with timber French doors opening onto the rear yard.

The lovely timber kitchen comes with a gas cooktop and is positioned adjacent to the dining area.

The bathroom is in great condition and features floor-to-ceiling tiles.

All three bedrooms have reverse-cycle airconditioners and are well-sized, with the master particularly large.

The home is heated by a ducted gas system and there is another reverse-cycle airconditioner in the living space. A gas-bayonet point adds extra convenience.

The wrap-around, secure yard is perfect for kids and pets.

Car accommodation is via a double lock-up garage with a double carport to the front.

*Please note that the buyer cannot terminate the existing lease agreement unless the tenant agrees to leave.

Features:
- 3-bedroom cottage with a 12-month lease at $600 per week
- Large sunny living space plus sunroom
- Timber kitchen with gas cooktop
- Bathroom with floor-to-ceiling tiles
- Ducted gas heating plus 4 reverse-cycle airconditioners
- Large double garage plus double carport
- Rates $3,567 p.a
- UV $422,000
- Block size 677m2 approx.

Virtual staging disclosure statement: This property features virtual staging furniture, offering a glimpse of the potential within the space. The actual size of furniture in the space may not be accurate.

Property History for 1 Downey St, Karabar, NSW 2620

A timeline of how this property has performed in the market
Last Sold
18 Sep 2024
Listed for Rent
$600/w
25 Aug 2023
  • 18 Sep 2024
    Sold for $640,000
  • 22 Aug 2024
    Listed for Sale $650,000 - $680,000
  • 04 Aug 2023
    Listed for Rent $600 / week
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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 10 properties listed for sale, and 6 properties listed for rent in Karabar on OnTheHouse. According to CoreLogic's data, 126 properties were sold in the past 12 months in Karabar.

Suburb Insights for Karabar 2620

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Disclaimer
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.