OFF MARKET

5/40 Fairmount Crescent
Karabar NSW 2620

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 979m2
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Property Details for 5/40 Fairmount Cres, Karabar

5/40 Fairmount Cres, Karabar is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 979m2 and floor size of 86m2.

Building Type
Unit
Year Built
1972
Floor Size
86m2
Land Size
979m2
Local Government
Queanbeyan-Palerang Regional

Last Listing description (March 2021)

Located in a complex of only five other units - this is one not to miss!

Upon entering the unit, you are instantly attracted with the abundance of natural light on offer and the attractive open plan kitchen and lounge room.

Features include

Both bedroom with built- in wardrobes
Kitchen with plenty of cupboard space
Electric stove top
Shower over bath
End unit
Shared laundry

Sorry pets will not be considered

Queanbeyan is approximately a 20 minute drive to Canberra City, 20 minute drive to Woden, 15 minute drive to HJQOC, 10 minute drive to Canberra Airport & a 15 minute drive to the parliamentary triangle.

Please be advised once you arrive for an inspection you MUST follow the new social distancing measures around open homes.
Before registering ensure the following:
- During the open home you MUST practice the social distancing measures required of one person per square metre
- You are NOT displaying any flu like or sickness symptoms
- You have not travelled recently or been in contact with someone who has
- You have practiced good hand hygiene prior to attending
*Please note that anyone who has not registered may be turned away. Any parties who are attending with you MUST also register their interest as it is required, we keep a record of everyone who has attended.

Please be advised of the following prior to attending:
- The agent will direct a small number of attendees to enter at one time
- If you are waiting for the open home prior to the agent attending please ensure you are following the social distancing measures or wait in the car until they arrive
- You must use the hand sanitiser provided by the agent at the time of the viewing
- Please refrain from touching items in the home and ask the agent if you require assistance

Property History for 5/40 Fairmount Cres, Karabar, NSW 2620

A timeline of how this property has performed in the market
Listed for Rent
$350/w
18 Mar 2021
  • 03 Mar 2021
    Listed for Rent - Price not available
  • 16 Apr 2019
    Listed for Rent $290 / week
  • 09 Apr 2018
    Listed for Rent $260 / 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 11 properties listed for sale, and 6 properties listed for rent in Karabar on OnTheHouse. According to CoreLogic's data, 129 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.