OFF MARKET

6 Bowers Place
Karabar NSW 2620

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1107m2
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Property Details for 6 Bowers Pl, Karabar

6 Bowers Pl, Karabar is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1107m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
House
Land Size
1107m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
4/DP239477

Last Listing description (July 2017)

Elders Queanbeyan - Jerrabomberra - Googong is delighted to present for sale this rare opportunity to secure a complex of 6 x 1 bedroom units.
Built in the late 1960's, the complex has always been well maintained with the original Owner Builder family taking great pride in their investment and ownership. Ideally located only minutes drive to the centre of Queanbeyan and main roads for access to Fyshwick and Canberra, this neat single level development in a quiet cul-de-sac is the perfect opportunity to start out or add to your current portfolio.
Each unit offers a functional kitchen design, open living area, 1 bedroom with built in wardrobe and ensuite bathroom plus an allocated carport.

The complex on one title is in very good condition throughout.
Currently tenanted at between $180 - $240 per week. Estimated gross annual rental income of $64,480.
Unit 1 - $200 per week
Unit 2 - $180 per week
Unit 3 - $240 per week
Unit 4 - $180 per week
Unit 5 - $180 per week
Unit 6 - $180 per week
Ideal for Self Managed Super Fund or astute investor.

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Property History for 6 Bowers Pl, Karabar, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$780,000
05 Jul 2017
  • 05 Jul 2017
    Sold for $780,000
  • 06 Feb 2017
    Listed for Sale $795,000 - $800,000 (under offer)

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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 13 properties listed for sale, and 4 properties listed for rent in Karabar on OnTheHouse. According to CoreLogic's data, 124 properties were sold in the past 12 months in Karabar.

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