SOLD
Sold on 05 Aug 2024 for $820,000

11/12 River Drive
Karabar NSW 2620

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 176m2
Land area: 305m2
Sold By
Ian McNamee & Partners Queanbeyan
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Property Details for 11/12 River Dr, Karabar

11/12 River Dr, Karabar is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2020. The property has a land size of 305m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Unit sold in Karabar in the last 12 months.

Building Type
Unit
Year Built
2020
Floor Size
176m2
Land Size
305m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
11/SP101020

Last Listing description (September 2024)

Rates: $2,598.59 per annum
Levies: $770.00 per quarter
Living Size: 175.9m2

Total Size: 244.40m2
Potential: $750 per week
Year of Build: 2020

Located within a quaint complex of just 12 townhouses lies a true gem-a spacious, two-storey haven boasting three bedrooms plus a multipurpose room.

Step inside to discover an oversized master bedroom on the first floor, complete with a luxurious walk-in robe and ensuite. Downstairs, two additional bedrooms with mirrored built-in robes offer ample space for family or guests, complemented by a bathroom and separate toilet, both adorned with floor-to-ceiling tiling for a touch of sophistication.

Entertainment abounds in the large multipurpose room, while the first floor beckons with a generously sized living area opening onto a covered balcony. Culinary delights await in the open kitchen and dining space, equipped with a gas cooktop, electric oven, dishwasher, Quantum Quartz benchtops, and soft-close cabinetry.

Experience year-round comfort with ducted reverse cycle heating and air conditioning, illuminated by energy-efficient LED downlights throughout. A double garage with automatic electric roller door ensures secure parking with internal access.

Seize this opportunity to embrace a house alternative in an excellent location-where modern luxury meets everyday practicality.

Features Include:
- Two storey townhouse
- Oversized master bedroom on first floor with walk in robe and ensuite with floor to ceiling tiling
- Two additional bedrooms on the ground floor with mirrored built in robes
- Bathroom and separate toilet on ground floor with floor to ceiling tiling
- Large multipurpose room
- Large living area with access to the large covered balcony
- Open kitchen and dining space
- Gas cooktop
- Electric oven
- Dishwasher
- 20mm Quantum Quartz benchtops
- Soft close cabinetry
- Ducted Reverse cycle heating and air conditioning system
- LED downlights throughout
- Instantaneous Gas hot water system
- 2000L rain water tank
- Double garage with automatic electric roller door and internal access
- Small complex of 12
- Excellent location
- 10 minute walk to Karabar Shopping Mall
- 23 minute drive to Canberra Centre

To view contact Michael Edwards 0415 977 448 m.edwards@mcnamee.com.au

Disclaimer: All purchasers must rely on their own enquiries, as the vendors or their respective agents do not make any warranty as to the accuracy of the information provided above and do not or will not accept any liability for any errors, misstatements, or discrepancies in that information. We have diligently and conscientiously undertaken to ensure it is as current and as accurate as possible.

Property History for 11/12 River Dr, Karabar, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$820,000
05 Aug 2024
Listed for Rent
$750/w
24 May 2023
  • 05 Aug 2024
    Sold for $820,000
  • 09 May 2024
    Listed for Sale Not Disclosed
  • 27 Apr 2023
    Listed for Rent $750 / 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.

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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.