SOLD
Sold on 23 Aug 2024 for $6,050,000

36-62 Junction Road
Karalee QLD 4306

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 924912m2
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Property Details for 36-62 Junction Rd, Karalee

Building Type
Land
Land Size
924912m2
Local Government
Ipswich
Lot/Plan
8/SP118670

Last Listing description (May 2019)

Colliers International is pleased to offer 36 Junction Road, Karalee, for sale. One of the last remaining englobo multi use sites with preliminary approval in the Western Corridor, fronting a major highway.
Located directly off the Warrego Highway at the Mount Crosby Road and Junction Road roundabout, this location provides unrivalled access to the Western and South East Corridors via the Ipswich Motorway, north to Brisbane/Port via the Ipswich and Logan/Gateway Motorways.
Given the limited nature of large Industrial/Bulky Goods DA approved development sites fronting highways, we believe the subject property will be well received.

The property is for sale via Offers to Purchase.
For further information on this opportunity, please do not hesitate to contact the exclusive agent:
Truly a scarce DA approved site with highway frontage and brilliant access.

Property History for 36-62 Junction Rd, Karalee, QLD 4306

A timeline of how this property has performed in the market
Last Sold
$6,050,000
23 Aug 2024
  • 23 Aug 2024
    Sold for $6,050,000
  • 21 Jun 2017
    Listed for Sale Not Disclosed
  • 16 Apr 2015
    Listed for Sale Not Disclosed
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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 2,232 properties. Over the last 5 years, Houses in Karalee have seen a 69.74% increase in median value, while Units have seen a 142.77% increase. As at 30 November 2024:

  • The median value for Houses in Karalee is $933,183 while the median value for Units is $899,010.
  • Houses have a median rent of $585.
There are currently 28 properties listed for sale, and no properties listed for rent in Karalee on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Karalee.

Suburb Insights for Karalee 4306

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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.