SOLD
RECENT ADVICE
Sold on 25 Oct 2024 for $680,000

5/7 River Drive
Karabar NSW 2620

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 5/7 River Dr, Karabar

5/7 River Dr, Karabar is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom Townhouse sold in Karabar in the last 12 months.

Building Type
Townhouse
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
5/SP39481

Last Listing description (October 2024)

What you see:
Stylish living in house proud complex

What we see:

Downsize your maintenance, not your lifestyle

See more:
Beautifully renovated single level townhouse
Sought after River Drive location
Private complex of 6 homes
Two separate living areas.
North facing living area
Renovated kitchen with electric stove, oven and dishwasher
Three spacious bedrooms with BIRS
Segregated main bedroom with built in robes
North facing main bedroom
Two spacious bedrooms with built in robes
Beautifully renovated three-way bathroom/ensuite
As new powder room and laundry
Garage with internal access
Split system and gas wall furnace heater
Freshly painted internally and externally
Private enclosed and secure backyard
Perfect low maintenance grounds and courtyard
Garage with built-in storage and electric door
Outdoor built-in storage
Excellent location
Access to river walks
5 minute drive to Queanbeyan
10 minute walk to Karabar Shopping Mall
23 minute drive to Canberra Centre

Living 114m²
Built: 1991
Strata levy: $650 per quarter
Rates: $713 per quarter
Rental Appraisal: $680 - $700 per week

Disclaimer: The above figures are approximate only. The material and information contained within this marketing is for general information purposes only. HIVE Property does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.

Property History for 5/7 River Dr, Karabar, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$680,000
25 Oct 2024
  • 25 Oct 2024
    Sold for $680,000
  • 23 Jul 2024
    Listed for Sale $690,000 - $720,000
  • 30 Jan 2015
    Sold for $395,000
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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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Katrice Velnaar
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Anthony Weston
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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.