21/42-46 Calytrix Rd, Karama is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 95m2 and floor size of 84m2.
Ideal for an investment , first home or downsizing, this low maintenance unit is not only affordable but currently offering approximate rental yield of 7.9%.
Featuring:
Surprisingly large living and dining area with raked ceilings
Council rates- $1,500 approx. per annum
Strata Rates- $1,143 approx. per quarter
The size of Karama is approximately 2.1 square kilometres. It has 15 parks covering nearly 6.3% of total area. The population of Karama in 2011 was 4,844 people. By 2016 the population was 4,927 showing a population growth of 1.7% in the area during that time. The predominant age group in Karama is 10-19 years. Households in Karama are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karama work in a professional occupation. In 2011, 59.2% of the homes in Karama were owner-occupied compared with 57.6% in 2016.
Karama has 1,754 properties. Over the last 5 years, Houses in Karama have seen a 9.77% increase in median value, while Units have seen a 26.22% increase. As at 31 October 2024:
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