OFF MARKET

255 Karoola Road
Karoola TAS 7267

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Floor area: 243m2
Land area: 24938m2
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Property Details for 255 Karoola Rd, Karoola

255 Karoola Rd, Karoola is a 4 bedroom, 2 bathroom House with 6 parking spaces and was built in 1980. The property has a land size of 24938m2 and floor size of 243m2. While the property is not currently for sale or for rent, it was last sold in April 2015.

Building Type
House
Year Built
1980
Floor Size
243m2
Land Size
24938m2
Local Government
Launceston
Lot/Plan
1/203117

Last Listing description (June 2015)

Seldom do we find the happy medium when looking for country properties so close to town but this one ticks all the boxes.
First time to market since built by the vendor in the early 80's and located perfectly at the base of Brown Mountain on Karoola Road sits this larger solid brick 30sq home on approximately six near level cleared acres.
This fantastic home comprises of three large bedrooms, master with walk-in and ensuite, massive family room with open fire and built in bar, huge formal living also with open fire and bar off to the side, formal dining with free standing wood heater, functional kitchen and convenience of double garage also under the roofline.

The beaut six acres are divided into three well fenced paddocks, all visible from the home, ideal for horses with two brick stables, tack room/workshop and small barn in place. Water to the property is abundant with large underground storage tank for the home and front boundary following the Pipers River with pump station in place for the acreage.
The home is very original and typically 80s so would benefit from some minor internal finishing off and updating to put your own stamp on it but at this price for what is here it is exceptional value and being so close to lovely Lilydale, popular vineyards and tourism attractions and all this just an easy 15 minute scenic commute in to Launceston you will be hard pressed to better this property.
Inspections are via appointment only, to move forward on this one quickly call me now.

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Property History for 255 Karoola Rd, Karoola, TAS 7267

A timeline of how this property has performed in the market
Last Sold
$312,000
07 Apr 2015
  • 07 Apr 2015
    Sold for $312,000
  • 19 Feb 2015
    Listed for Sale OFFERS BETWEEN $335,000-$355,000

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About Karoola 7267

The size of Karoola is approximately 32.1 square kilometres. It has 2 parks. The population of Karoola in 2011 was 488 people. By 2016 the population was 313 showing a population decline of 35.9% in the area during that time. The predominant age group in Karoola is 50-59 years. Households in Karoola are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Karoola work in a professional occupation. In 2011, 87% of the homes in Karoola were owner-occupied compared with 89.8% in 2016.

Karoola has 181 properties. Over the last 5 years, Houses in Karoola have seen a 77.64% increase in median value. As at 31 October 2024:

  • The median value for Houses in Karoola is $751,234 while the median value for Units is $426,723.
There are currently 2 properties listed for sale, and no properties listed for rent in Karoola on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Karoola.

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