SOLD
Sold on 29 May 2024 for $810,000

108 Waterfront Drive
Karalee QLD 4306

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 100m2
Land area: 4764m2
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Property Details for 108 Waterfront Dr, Karalee

108 Waterfront Dr, Karalee is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 4764m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 5 bedroom House sold in Karalee in the last 12 months.

Building Type
House
Floor Size
100m2
Land Size
4764m2
Local Government
Ipswich
Lot/Plan
27/SP238987

Last Listing description (May 2024)

* Information about outgoings, rent return and how to make an offer can be found towards the bottom of the advert blurb *

Inspection Information: For inspections, meet at the top of the driveway on Waterfront Drive.

Nestled on a generous block, this dual occupancy home offers the perfect blend of tranquillity and investment potential. Boasting excellent rental returns and currently tenanted to July 2024 for $750 per week, this property promises financial stability. With its spacious layout and serene surroundings, seize the opportunity to own a slice of Karalee's hidden gem. *sheep not included*

Property Details:
4,764m2 battle-axe block
Built 2015 approx
Private block backing onto nature strip next to Brisbane River
No rear neighbours
Split into two attached dwellings with completely separate access to each
Unit 1 - 3 bed, 2 bath, 1 car
Unit 2 - 2 bed, 1 bath, 1 car
Large shared fenced yard
BioCycle System - www.biocycle.com.au
Gas hot water
Security Screens
Air-conditioning
Ceiling fans
Fitted wardrobes
Stainless steel kitchen appliances

Location:
Karalee Shopping Village (Coles + Woolworths) - 7 min drive
Tivoli Drive in Theatre - tivolidrivein.com.au - 10 min drive
Karalee Tavern - 6 min drive
Karalee Kindergarten and Early Years Learning - 3 min drive
Costco Ipswich - 14 min drive
Public BBQ Area on the river - (Joseph Brady Park) - 9 min drive
Colleges Crossing & Boat Ramp - 10 min drive
Lake Manchester - 25 min drive
Ipswich CBD - 15 min drive
Brisbane CBD - 45 min drive

School Zones:
Karalee State School (Prep to Year 6) - 4 min drive
Ipswich State High School (Year 7 to Year 12) - 15 min drive

Rental:
Currently rented as one property until 18/07/2024 for $750.00 per week
Rental Appraisal:
$750.00 - $800.00 per week unfurnished

Costs:
Council Rates - $1,165.00 per quarter approx
Water - $230.00 per quarter approx

Interested in making an offer?
At JJ Property, we ensure transparency with our online offer portal. You will be in the loop throughout the process, know if your offer is the top offer and know when bids are closing.
Contact us or copy and paste this link to get started: https://shorturl.at/kxFR9

Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, JJ Property will not be held liable (financially or otherwise) for any errors or omissions relating to the property, contents and/or facilities in the property or complex. All interested parties should rely upon their own investigations to determine whether the property is suitable for their needs and all contents and facilities are present.

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Property History for 108 Waterfront Dr, Karalee, QLD 4306

A timeline of how this property has performed in the market
Last Sold
$810,000
29 May 2024
Listed for Rent
$560/w
28 Aug 2017
  • 29 May 2024
    Sold for $810,000
  • 13 Mar 2024
    Listed for Sale Not Disclosed
  • 15 Oct 2014
    Sold for $339,000

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About Karalee 4306

The size of Karalee is approximately 15.6 square kilometres. It has 11 parks covering nearly 5.3% of total area. The population of Karalee in 2011 was 3,683 people. By 2016 the population was 4,350 showing a population growth of 18.1% in the area during that time. The predominant age group in Karalee is 10-19 years. Households in Karalee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karalee work in a professional occupation. In 2011, 90.9% of the homes in Karalee were owner-occupied compared with 86.8% in 2016.

Karalee has 2,220 properties. Over the last 5 years, Houses in Karalee have seen a 83.32% increase in median value, while Units have seen a 132.61% increase. As at 31 October 2024:

  • The median value for Houses in Karalee is $1,002,590 while the median value for Units is $874,922.
  • Houses have a median rent of $585.
There are currently 26 properties listed for sale, and 1 property listed for rent in Karalee on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Karalee.

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