SOLD
RECENT ADVICE
Sold on 28 Feb 2024 for $851,000

9 Binaburra Place
Karabar NSW 2620

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Property Details for 9 Binaburra Pl, Karabar

9 Binaburra Pl, Karabar is a 4 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom House sold in Karabar in the last 12 months.

Building Type
House
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
9/DP1068793

Last Listing description (February 2024)

DHA Lease: 26/06/2022 to 25/06/2028
Lease Option: Three years - which could mean a 25/06/2031 end of the lease
The exercising of the Lease Option is at the discretion of DHA only

Management Fee: 16.5% inc. GST with 52 weeks guaranteed rent each year
Rent: $770 per week with annual reviews

Set in an Estate synonymous with grand residences at the foothills of Jerrabomberra, this desirable location in Karabar Heights offers a fantastic opportunity for investors or those forward-thinking owner/occupiers who know where they want to live at the end of the DHA lease.

Located in an elevated cul-de-sac, this investment property built by Award winning Blackett Homes offers a superb design along with space, storage and a large floorplan to suit all families.

This is the largest Defence Housing Australia four bedroom ensuite single level residence I have seen in my 15+ years of selling DHA mid-lease sale properties.

The privacy of the front yard is fantastic with a full hedge. Upon entering the home, the wide entrance allows furniture for your coats, and the size of the segregated lounge / dining room will impress. As you continue to the family room, you'll again be impressed with the open plan and the flow to the private back yard with a pergola as third living space. The kitchen offers a plentiful amount of bench space and many more cupboards than are usual for a DHA investment.

Again, bedrooms are larger than other DHA investments I have seen, and no bedrooms share a wall with another bedroom. The master bedroom is huge with space to spare with king-sized furniture, and all three other bedrooms are a very generous in size allowing for queen bed furniture. The kitchen boasts gas cooktop and a breakfast bar - perfect for the established family.

The family room is positioned conveniently next to the kitchen and is also generously proportioned, with large windows throughout allowing a huge amount of sunlight to stream in at all times of the day.

Contact Christine Shaw to organise a private viewing.

Features:
. Estate developed in 2003/2004 with current sales over $1.2m
. Quality 2005 construction by Blackett Homes
. Centrally located in Karabar Heights
. Single level with exposed brick
. Private hedged front yard
. Wide hallway entrance able to accommodate a coat cupboard
. Large segregated lounge room
. Combined family room and kitchen area
. Large breakfast bar
. All four bedrooms have no shared walls with other bedrooms
. Huge amount of bench space and cupboards in kitchen
. King-sized master bedroom with ensuite and walk-in robe
. Three other bedrooms all queen-sized with built-in robes
. Pergola for outdoor entertaining
. Ducted heating and cooling
. Double garage with internal access
. Low maintenance gardens
. Walking distance to double gates opening to Mt Jerrabomberra Reserve

Living: 195m2
Garage: 39.42m2
Pergola: 16m2

Land Size: 760m2
Land Rates: $3569.30 pa
Land Value: $575,000

A DHA lease provides a guaranteed rental income - there are no vacancy periods - and your rent is paid monthly and in advance. This DHA investment equals "peace of mind" from a long lease and restoration provisions at lease end and other extensive DHA Property Care Services. This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au website to read about the benefits of investing in Defence Housing Australia property.

Note: All figures and measurements are approximate only.

Property History for 9 Binaburra Pl, Karabar, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$851,000
28 Feb 2024
  • 28 Feb 2024
    Sold for $851,000
  • 02 Feb 2024
    Listed for Sale By Negotiation
  • 10 May 2007
    Sold for $475,000
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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 10 properties listed for sale, and 6 properties listed for rent in Karabar on OnTheHouse. According to CoreLogic's data, 126 properties were sold in the past 12 months in Karabar.

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Contact agent
Christine Shaw
Show contact details
Blackshaw Manuka
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.