8 Lynch CloseKarumba QLD 4891
Property Details for 8 Lynch Cl, Karumba
8 Lynch Cl, Karumba is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1999. The property has a land size of 901m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in June 2007.
Last Listing description (November 2021)
This is an investment oppourtunity to consider, with rental properties being hard to come by in the Karumba area. This block duplex has the oppourtunity to earn an income by renting both units, or live in one and rent the other.
- Newly built rendered block construction duplex
- Fully tiled, open plan living areas with modern designed kitchen
- 2 bedrooms to each unit, both with BIR
- Good size modern bathroom
- Front and Back Verandahs
- Separate undercover carports
- Security screens throughout
- Fully fenced individual yards
Tenants are currently paying $280.00 p/week per unit
Property History for 8 Lynch Cl, Karumba, QLD 4891
- 09 Dec 2019Listed for Sale $360,000
- 22 Sep 2016Listed for Sale $360,000
- 21 Feb 2013Listed for Sale $480,000
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The size of Karumba is approximately 136.9 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Karumba in 2011 was 587 people. By 2016 the population was 522 showing a population decline of 11.1% in the area during that time. The predominant age group in Karumba is 50-59 years. Households in Karumba are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Karumba work in a labourer occupation. In 2011, 50% of the homes in Karumba were owner-occupied compared with 57.4% in 2016.
Karumba has 410 properties. Over the last 5 years, Houses in Karumba have seen a 4.74% increase in median value, while Units have seen a -4.36% decrease. As at 31 October 2024:
- The median value for Houses in Karumba is $157,178 while the median value for Units is $288,166.
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