5 Highbar St, Karabar is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 719m2 and floor size of 239m2. While the property is not currently for sale or for rent, it was last sold in August 2010.
In this large 5 bedroom 2 bathroom impeccable condition family home. Designed over approximately 260m2 & situated on an approximate 950m2 block at the top of the hill. Ideal for the large family or an investment savvy individual as the clever floor plan lends itself to dual income with no disturbance to either of the separate occupants; however it's important to know that regardless of the dual income potential floor plan it still flows perfectly as a generously proportioned family residence.
The lower level self contained flat with its own separate entry provides 2 or 3 bedrooms (depending on your configuration), bathroom, combined renovated kitchen/family room, separate lounge room, activities room & store room. You can also restrict access to the double automatic garage from the down stairs flat.
The upper level bestows stunning views from both the front & rear windows & balconies. The upper level floor plan boasts 3 double sized bedrooms all with built in robes, large renovated gourmet kitchen adjoining the family room, separate lounge room & bathroom. Your comfort is ensured with ducted gas heating, roller shutters on the master bedroom, family room & lounge room's windows as well as quality window furnishings. There is also beautiful Tasmanian oak hardwood flooring throughout the entire upper level underneath the existing floor coverings.
Entertaining will be pleasure with a big semi enclosed covered BBQ area out the back overlooking the huge rear yard that is currently being utilised by gardens & veggie patches & at the rear of the yard is a brick smoke house.
First time offered for sale & masterfully built as the builders own family home you will not find a better home structurally than this. The lower level expected rental income is $280 per week & the upper level expected rental income is $340 per week. With option to live upstairs & rent out downstairs to take a massive chunk off the mortgage or rent out both levels or just enjoy its features & benefits as a large family home....each way it represents great value with a motivated vendor so be sure to include this on your weekends viewings. For further details or building & pest inspection reports phone Grant on 0419 715 736.
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:
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