OFF MARKET

5/5A Sapling Road
Karuah NSW 2324

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 601m2
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Last updated 11 Nov 2024
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Property Details for 5/5a Sapling Rd, Karuah

5/5a Sapling Rd, Karuah is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 601m2.

Building Type
House
Land Size
601m2
Local Government
Port Stephens

Last Listing description (April 2024)

A fantastic opportunity to secure this near new dual occupancy investment.

Complete with a three bedroom two bathroom home and a separate two bedroom one bathroom home creating an a unique opportunity for its buyers.

Whether you are looking for a dual income investment or looking to live in one and rent the other or possibly separate the family into two dwellings this could be the house for you.

With current tenants both in leases 5 Sapling paying $500 per week until 14th July 2024 and 5A Sapling paying $435 per week until the 10th April 2024 you will start receiving income as soon as you settle with tenants hoping to stay on after the lease is finished.

Located in the ever-growing suburb of Karuah you are just minutes from schools, shops, public transport and sporting facilities - this is a smart investment.

Council rates: $525 per quarter

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Property History for 5/5a Sapling Rd, Karuah, NSW 2324

A timeline of how this property has performed in the market
  • 26 Feb 2024
    Listed for Sale CONTACT AGENT

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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 1,165 properties. Over the last 5 years, Houses in Karuah have seen a 81.31% increase in median value, while Units have seen a -23.34% decrease. As at 31 October 2024:

  • The median value for Houses in Karuah is $634,465 while the median value for Units is $488,010.
  • Houses have a median rent of $505.
There are currently 15 properties listed for sale, and no properties listed for rent in Karuah on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Karuah.

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