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Sold on 05 Sep 2024 for $360,000

96 Treasure Island Avenue
Karragarra Island QLD 4184

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 64m2
Land area: 589m2
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Property Details for 96 Treasure Island Ave, Karragarra Island

96 Treasure Island Ave, Karragarra Island is a 2 bedroom, 1 bathroom House. The property has a land size of 589m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom House sold in Karragarra Island in the last 12 months.

Building Type
House
Floor Size
64m2
Land Size
589m2

Last Listing description (September 2024)

Have you ever wanted to live on an island without cars, fuel bills, or road rage? Have I got a deal for you?

I have just inspected a two-bedroom starter home on Karragarra Island. I say starter home because it will be on the lower end of the real estate scale, but it has such potential. The address is only one street away from the water channel, which means a 1 km walk to the ferry terminal to the islands and the mainland.

This is a WIWO deal. When you buy the house, you get everything included. You have possibly four choices as the owner. 1) Leave it as it is and use it as your holiday home. 2) Continue renovating and add value to an existing dwelling, 3) spruce it up and become a landlord, or 4) Raise it to the ground and build your dream home. It is all up to you and your imagination.

It is positioned in a quiet street on the island. (Let's face it: with little traffic, everywhere is quiet.) The neighbourhood is friendly and safe for the kids to ride their bikes like they used to before helicopter parents had to watch out for speeding cars.

It is constructed of concrete sheeting and has a basic but workable floor plan. ATM has two bedrooms, a shower room with vanity, a separate toilet, and a combined lounge and dining area. The start of a kitchen is in progress. A covered back area is suitable for the laundry, and the backyard has plenty of room for a vegetable garden or fruit trees.

The main bedroom has double French doors leading onto a covered verandah along the front of the house facing the East. Both bedrooms could be extended onto this space to allow more room for built-in robes.

There is no garage as such, but there is enough room to erect a carport in the front yard, accessed through double gates.

Features:

Fully fenced.

Fans and A/c in lounge room/dining and B.1.

Large workspace under cover behind the home.

Timber flooring throughout.

Solar panels on the roof.

Rainwater tank.

If renovation is the plan, knock down the walls and convert the wet rooms into a large bathroom, including the bath.

This is your best opportunity to enter the housing market. Don't procrastinate; phone for an inspection.

Call Chris McGregor on 0420 555 997. NOW!

Property History for 96 Treasure Island Ave, Karragarra Island, QLD 4184

A timeline of how this property has performed in the market
Last Sold
$360,000
05 Sep 2024
  • 05 Sep 2024
    Sold for $360,000
  • 31 Jul 2024
    Listed for Sale $379,950 - Under Contract!
  • 29 Jun 2017
    Sold for $95,000
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About Karragarra Island 4184

The size of Karragarra Island is approximately 1 square kilometres. It has 4 parks covering nearly 3% of total area. The population of Karragarra Island in 2011 was 160 people. By 2016 the population was 205 showing a population growth of 28.1% in the area during that time. The predominant age group in Karragarra Island is 60-69 years. Households in Karragarra Island are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Karragarra Island work in a professional occupation. In 2011, 80.5% of the homes in Karragarra Island were owner-occupied compared with 79.2% in 2016.

Karragarra Island has 254 properties. Over the last 5 years, Houses in Karragarra Island have seen a 76.30% increase in median value. As at 30 November 2024:

  • The median value for Houses in Karragarra Island is $435,894 while the median value for Units is $95,106.
  • Houses have a median rent of $285.
There are currently 8 properties listed for sale, and 1 property listed for rent in Karragarra island on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Karragarra island.

Suburb Insights for Karragarra Island 4184

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Chris Mcgregor
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Amy Todd
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Bay Islands Property
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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.