SOLD
Sold on 07 Feb 2024 for $590,000

2/7 River Drive
Karabar NSW 2620

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 2585m2
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Property Details for 2/7 River Dr, Karabar

2/7 River Dr, Karabar is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1991. The property has a land size of 2585m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Karabar in the last 12 months.

Building Type
Unit
Year Built
1991
Floor Size
86m2
Land Size
2585m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
2/SP39481

Property History for 2/7 River Dr, Karabar, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$590,000
07 Feb 2024
Listed for Rent
$400/w
04 Jan 2013
  • 07 Feb 2024
    Sold for $590,000
  • 06 Dec 2023
    Sold
  • 13 Dec 2012
    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 3,733 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 11 properties listed for sale, and 6 properties listed for rent in Karabar on OnTheHouse. According to CoreLogic's data, 127 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.