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Sold on 01 Nov 2024 - Price Unavailable

7 Ingleside Road
Karabar NSW 2620

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 974m2
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Property Details for 7 Ingleside Rd, Karabar

7 Ingleside Rd, Karabar is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 974m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom House sold in Karabar in the last 12 months.

Building Type
House
Land Size
974m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
152/DP13887

Last Listing description (November 2024)

A wonderful opportunity presents itself with this 974m2 block providing an established comfortable 2-bedroom home due for an upgrade!
The opportunity presents the potential of building 2 dwellings as a dual occupation.
There are several ways you may make use of this fantastic opportunity:

1. As a knock-down rebuild with a new 4 bedroom home; and leave room for a backyard for the kids to play in. Keep the metal garage as a workshop or additional garage.
Or;
2. Rent out the existing home while your D.A. is approved, then knock down and rebuild your new home (with the option of an additional granny flat).
Or;
3. You may live in the existing home while you build the rear granny flat - then move in once completed. The existing home then could be knocked down and re-build a larger main dwelling. This would suit a couple looking to live in the main residence while mum and dad live in the granny flat!
Or;
4. Alternatively, as a knockdown rebuild dual occ, live in the main home and rent out the rear home to help pay the mortgage, making it an astute investment for the future. Whatever your plans are, they will be subject to QPRC council approval.

The possibilities and the location are convenient and worthy of an inspection.
(Minimal excavation required compared to sloped blocks)

The property is conveniently located within:
300 meters to the Donald Road Mini Mart and coffee shop
800 meters to the Metro Service Station and Mini Mart
1.8 Klms to Queanbeyan's Riverside Plaza
2.0 Klms to the Karabar Shopping Centre

2 Bedroom home attached garage
Separate metal garage/workshop
974m2 large block
Rates: $4,018 per annum

Property History for 7 Ingleside Rd, Karabar, NSW 2620

A timeline of how this property has performed in the market
Last Sold
01 Nov 2024
  • 01 Nov 2024
    Sold for $630,000
  • 16 Sep 2024
    Listed for Sale $640,000-$680,000
  • 19 Jul 2024
    Sold

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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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Contact agent
Mike Boyle
Show contact details
Ray White Queanbeyan/Jerrabomberra
Preferred contact:
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.