SOLD
Sold on 06 Mar 2024 for $850,000

5 Sapling Road
Karuah NSW 2324

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 167m2
Land area: 601m2
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Property Details for 5 Sapling Rd, Karuah

5 Sapling Rd, Karuah is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2022. The property has a land size of 601m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 5 bedroom House sold in Karuah in the last 12 months.

Building Type
House
Year Built
2022
Floor Size
167m2
Land Size
601m2
Local Government
Port Stephens
Lot/Plan
508/DP1275500

Last Listing description (May 2024)

Karuah is a locality in both the Port Stephens and Mid-Coast Councils in the Hunter Region of New South Wales, Australia. Build your dream home in an idyllic countryside location only 45 minutes to Newcastle, 25 minutes to Newcastle Airport and 2.5 hours to Sydney. A small light industrial area is suggested to the west of the village to permit small light industrial enterprises to establish and provide services and employment to the residents of Karuah. There are projects to improve safety on the Mid-North Coast are rolling out along the Pacific Highway between Karuah and Middle Brother, delivering safer, smoother journeys. The stimulus funding by the Government would improve safety for the more than 25,000 motorists who travel along the Pacific Highway each day. The projects are generating work for more than 250 people, which is a welcome boost to our local economies.

Handover completed June 2023

Property History for 5 Sapling Rd, Karuah, NSW 2324

A timeline of how this property has performed in the market
Last Sold
$850,000
06 Mar 2024
Listed for Rent
$500/w
29 Jun 2023
  • 09 May 2024
    Listed for Sale Not Disclosed
  • 06 Mar 2024
    Sold for $850,000
  • 24 Jan 2024
    Listed for Sale Not Disclosed
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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 1,173 properties. Over the last 5 years, Houses in Karuah have seen a 64.56% increase in median value, while Units have seen a 7.79% increase. As at 30 November 2024:

  • The median value for Houses in Karuah is $616,211 while the median value for Units is $540,382.
  • Houses have a median rent of $515.
There are currently 13 properties listed for sale, and 3 properties listed for rent in Karuah on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Karuah.

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