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Sold on 03 Nov 2023 for $357,000

25 Johnson Avenue
Karuah NSW 2324

Bedrooms: -
Bathrooms: -
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Land area: 800m2
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Property Details for 25 Johnson Ave, Karuah

Building Type
Land
Land Size
800m2
Local Government
Port Stephens
Lot/Plan
9/DP792982

Last Listing description (November 2023)

Discover the potential of 25 Johnson Avenue, Karuah NSW, a generously sized 800m² property that presents an excellent prospect for first-time homebuyers or astute investors. Located in the Hunter Region, one of Australia's most rapidly expanding areas, this property offers a gateway to a thriving community and an exciting investment opportunity.

The Hunter Region is poised for remarkable growth, with its population projected to reach approximately 950,000 residents by 2041. Anchored by Newcastle Airport, the second busiest in NSW, the region contributes significantly to the local economy, generating around 1.2 billion dollars in economic activity annually and supporting approximately 5600 jobs. The airport provides access to 12 domestic routes served by 6 airlines, catering to roughly 1.3 million passengers each year.

Join this vibrant new community with a waterfront lifestyle, making it an enticing prospect for savvy investors and families aiming to build their dream home!

Key Location Highlights:
- Convenient 15-minute drive to Medowie Shops
- Just a 20-minute drive to Raymond Terrace Marketplace
- A leisurely 15-minute walk to Karuah Water View
- Enjoy Wanderrabah Beach within a 25-minute drive
- Explore famous tourist attractions in just 45 minutes
- Easy access with a 25-minute drive to Newcastle International Airport
- Experience the charm of the City of Newcastle within a 45-minute drive

Karuah township boasts essential amenities such as a Public School, IGA, doctors' surgery, pharmacy, bakery, RSL, park, boat ramp, and a serene swimming area in the river at Longworth Park. Relish the incredible fishing, boating, and the peaceful lifestyle that Karuah has to offer.
The Six Cities Region is also set to be intricately connected through robust transportation and economic links, establishing a hierarchy of centers and preserving environmental assets.

Karuah has evolved into a tranquil and serene holiday destination, serving as the gateway to the northern arm of Port Stephens. Today, it offers a picturesque holiday resort along the Karuah River, complete with a boat ramp and picnic area. It's an ideal location for swimming in tidal pools, fishing, and boating.

This area is renowned for its natural beauty, outdoor recreational opportunities, such as fishing, boating, and hiking, and its scenic allure.

Embrace Place Plans, a novel approach to planning for the development of unique towns and villages across Port Stephens.

The Karuah Place Plan complements the Karuah Growth Strategy by identifying additional opportunities for residential development, employment lands, and public infrastructure. In the event of any inconsistencies between the place plan and the strategy, the Karuah Place Plan takes precedence.

With increasing demand for regional and rural lifestyle opportunities, a growing capacity for remote work, and favorable conditions for homebuyers, housing demand across the Hunter Region is experiencing exponential growth.

Don't miss out on this opportunity.

To Find out more, please Contact Joe Dirani on 0490 053 803

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Property History for 25 Johnson Ave, Karuah, NSW 2324

A timeline of how this property has performed in the market
Last Sold
$357,000
03 Nov 2023
  • 30 Oct 2023
    Sold for $357,000
  • 18 Sep 2023
    Listed for Sale $365,000 - $390,000
  • 11 Jul 2003
    Sold for $138,000
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About Karuah 2324

The size of Karuah is approximately 74.7 square kilometres. It has 13 parks covering nearly 32.1% of total area. The population of Karuah in 2011 was 1,326 people. By 2016 the population was 1,421 showing a population growth of 7.2% in the area during that time. The predominant age group in Karuah is 60-69 years. Households in Karuah are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Karuah work in a trades occupation. In 2011, 72% of the homes in Karuah were owner-occupied compared with 73.1% in 2016.

Karuah has 1,163 properties. Over the last 5 years, Houses in Karuah have seen a 79.29% increase in median value, while Units have seen a 15.56% increase. As at 30 September 2024:

  • The median value for Houses in Karuah is $626,141 while the median value for Units is $628,728.
  • Houses have a median rent of $498.
There are currently 17 properties listed for sale, and no properties listed for rent in Karuah on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Karuah.

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Joe Dirani
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