SOLD
Sold on 19 Jan 2024 for $6,500,000

84 Junction Road
Karalee QLD 4306

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7453m2
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Property Details for 84 Junction Rd, Karalee

Building Type
Commercial
Land Size
7453m2
Local Government
Ipswich
Lot/Plan
86/SP282239

Last Listing description (June 2021)

DEVELOPER ALERT IN HIGH GROWTH CORRIDOR. Don't miss this fantastic opportunity to purchase a prime Business and Industry development site in Karalee, Ipswich (Queensland's fastest growing city), just 29 minutes to Brisbane CBD. This Karalee site also has the added benefit of having near immediate highway access, with DA approvals already in place!

FEATURES:

DA Approved for Business Use, General Industry and Service Trade Use (contact us for further info)
2.76Ha land zoned LB03 (Local Business & Industry, Karalee)
• Very few constraints over land

LOCATION:
2 mins to Highway
350m to Karalee Woolworths and Shopping strip
500m to the new Coles shopping strip, currently under construction
10 mins to Ipswich CBD
A mere 29 minutes to Brisbane CBD!

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Property History for 84 Junction Rd, Karalee, QLD 4306

A timeline of how this property has performed in the market
Last Sold
$6,500,000
19 Jan 2024
  • 19 Jan 2024
    Sold for $6,500,000
  • 23 Mar 2023
    Transferred for $3,250,000
  • 06 Jun 2022
    Transferred for $1,500,000
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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 2,232 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.

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