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.
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.
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:
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