OFF MARKET

500 Tarean Road
Karuah NSW 2324

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Land area: 143500m2
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Property Details for 500 Tarean Rd, Karuah

Building Type
Rural
Land Size
143500m2
Local Government
Mid-Coast
Lot/Plan
42/DP835833

Last Listing description (September 2024)

This exceptional property boasts an impressive, custom-built architecturally designed home on a sprawling 36 acres* (14.35 ha*). There are breathtaking panoramic 360-degree water and mountain views that surround this magnificent residence, located just on a 2 minute* drive from the charming waterside Karuah township. Being just off the Pacific Highway makes travel north or south easy as well as the convenience of the Newcastle Airport just on 30 minutes* away.
The magnificent homestead was designed to complement the elevated parcel of land that provides complete privacy from the hustle and bustle of the outside world, a place for you, your family and friends to relax and enjoy. Meticulously maintained inside and out, this rural haven is truly special and the feel of the home incredibly welcoming making a great place to entertain both inside and out.

Special Features Include -

. Well thought out brick home with 4 large bedrooms, 2.5-bathrooms, 2 car garage with detached 2 car garage/storage as well
. Free-flowing living and dining spaces inside the home enjoying picture perfect views
. Attached fully self-contained single bedroom granny flat, ideal for guests or extended family
. Large wrap around patio great for relaxing, catching the breezes and taking in the views
. Inground swimming pool and separate outdoor spa
. Large steel powered lock up garage
. Shaded leafy low maintenance gardens, a joy to sit in and reflect
. Sealed all weather driveway leading you to the front door of the fenced and gated homestead complex
. Main road frontage gives possibilities of future development stca

There are many more special features including the ability to run livestock or a few horses if you wish. The only way to truly appreciate the views, tranquillity and lifestyle you could have on this truly unique property is to inspect!

Property History for 500 Tarean Rd, Karuah, NSW 2324

A timeline of how this property has performed in the market
Last Sold
$1,780,000
22 Dec 2020
  • 29 Jan 2024
    Listed for Sale EXPRESSIONS OF INTEREST
  • 08 Apr 2021
    Listed for Sale Sold
  • 22 Dec 2020
    Sold for $1,780,000

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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 1,166 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.

Suburb Insights for Karuah 2324

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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.