OFF MARKET

2/37 Southbar Road
Karabar NSW 2620

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 80m2
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Property Details for 2/37 Southbar Rd, Karabar

2/37 Southbar Rd, Karabar is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1992. The property has a floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
1992
Floor Size
80m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
2/SP40676

Last Listing description (June 2022)

This property is to be Auctioned 6.30pm, 22nd December 2021. Ray White Auction Room. 19 Monaro Street, Queanbeyan.

This large and spacious two bedroom townhouse, with a secured yard, double garaging is a great opportunity to enter the market but also a great investment. With local shops at your side, you will not need to travel far for anything.

The property previously has had work done and has a modern kitchen, flooring and is spacious in size with rear access to a secured courtyard. The two bedrooms are spacious and feature built in robes, the master has a balcony attached to the room.

Features:
* 94m2 of living.
* 62m2 secured yard.
* 10m2 balcony.
* Large double lock up garage with storage area.
* Expected market rent $460-480 a week.
* Rates $644 per quarter
* Strata $417 per quarter

This is a rare opportunity to secure a property in a small complex of 3.

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Property History for 2/37 Southbar Rd, Karabar, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$490,000
21 Dec 2021
Listed for Rent
$400/w
27 Aug 2019
  • 21 Dec 2021
    Sold for $490,000
  • 06 Dec 2021
    Listed for Sale ONLINE AUCTION
  • 05 Aug 2019
    Listed for Rent - Price not available
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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 3,747 properties. Over the last 5 years, Houses in Karabar have seen a 49.44% increase in median value, while Units have seen a 42.21% increase. As at 31 July 2024:

  • The median value for Houses in Karabar is $717,565 while the median value for Units is $511,830.
  • Houses have a median rent of $600 while Units have a median rent of $428.
There are currently 9 properties listed for sale, and 3 properties listed for rent in Karabar on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Karabar.

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