SOLD
Sold on 04 Mar 2024 for $335,000

5/59 Donald Road
Karabar NSW 2620

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 992m2
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Property Details for 5/59 Donald Rd, Karabar

5/59 Donald Rd, Karabar is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 992m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Karabar in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
55m2
Land Size
992m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
5/SP34980

Last Listing description (March 2024)

This spacious 2-bedroom north-facing single story unit has just become available for sale with Yes Property Agents.

Set in a small boutique block of only 5 units, Unit 5 is nestled?at the rear of the block, the?private, well-presented?unit?in a well maintained strata?represents the perfect real estate starting point. The 2 bedrooms are a great?size with built-in robes.?The large modern kitchen overlooks the living room,?has heaps of storage and a leafy outlook.

Live-in and enjoy the low maintenance convenience and privacy, or rent it out and see a great rental return.

The north facing aspect is perfect for all year round comfort. This unit takes advantage of?the leafy and tidy?common area spaces in front of the unit where you can relax and take it all in.

Property features

Two good size bedrooms
New carpets
Fresh paint
Built in robes
Spacious kitchen with?electric?cooking
Ample cupboard and bench space
Bathroom with?shower over the bath
Great size?north facing windows allow plenty of natural light
Reverse cycle heating and cooling in the living area
External allocated?lockable?laundry/storage room
Separate single carport
Low maintenance strata

An?ideal entry point into the Queanbeyan market or an investment opportunity that is perfectly situated within close proximity to Karabar?mall, ovals, playgrounds, schools, daycare?and?transport.

- Strata levies: $533 per quarter approx.
- Water Invoice: $139.77 per quarter approx.
- Council rates: $655 ? per quarter approx.

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Property History for 5/59 Donald Rd, Karabar, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$335,000
04 Mar 2024
Listed for Rent
$340/w
07 Jun 2021
  • 04 Mar 2024
    Sold for $335,000
  • 05 Feb 2024
    Listed for Sale Not Disclosed
  • 26 May 2021
    Listed for Rent $340 / 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 3,734 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 13 properties listed for sale, and 4 properties listed for rent in Karabar on OnTheHouse. According to CoreLogic's data, 127 properties were sold in the past 12 months in Karabar.

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