18 Lochiel StreetKarabar NSW 2620
Property Details for 18 Lochiel St, Karabar
Last Listing description (August 2024)
Situated alongside the Queanbeyan River, this expansive 1,414m2 elevated block of land boasts views of the surrounding hills and backs onto the nature reserve and walking trails. An ideal parcel of land ready for you to design your stunning new home!
18 Lochiel Street, Karabar is well located within close proximity to Queanbeyan Hospital, Karabar Shopping Mall, Karabar High, & Queanbeyan South Public School.
Take advantage of this rare opportunity to secure a clean slate in this tightly held location surrounded by other custom-built homes.
Features:
- 1414m2 block situated alongside the Queanbeyan river
- Elevated location backing onto nature reserve
- North Facing
- Close proximity to Karabar shopping centre, Queanbeyan hospital, Riverside Plaza, and many local schools.
Rates: $2,918 pa
Land Value: $563,000
Block size: 1,414 sqm
Property History for 18 Lochiel St, Karabar, NSW 2620
- 09 Jul 2024Sold for $520,000
- 16 May 2024Listed for Sale $520,000
- 02 Nov 2022Listed for Sale $599,000
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0About 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.
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