OFF MARKET

88 Karoola Road
Karoola TAS 7267

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 18730m2
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Property Details for 88 Karoola Rd, Karoola

88 Karoola Rd, Karoola is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1925. The property has a land size of 18730m2 and floor size of 89m2.

Building Type
House
Year Built
1925
Floor Size
89m2
Land Size
18730m2
Local Government
Launceston
Lot/Plan
1/10633

Last Listing description (December 2018)

Do I have a great country lifestyle package for you! Consisting of 3 options.
Option 1- $259,000. A two bedroom home on 5 acres (pasture) with lovely big windows throughout for natural light and great views, 2 large bedrooms, 2 adjoining living ares, one with open fire place and views, the other with a Saxon wood heater and a Panasonic inverter, the bathroom has been renovated with a new shower and vanity, 2 toilets, the kitchen needs updating, but has an 'Ever Hot' slow combustion stove with a hot water cylinder, plus a mains hot water cylinder and electric stove. Attached to the rear of the home is a double length garage that could be renovated into whatever! A separate garden shed, carport and a lovely large fenced area with fruit trees, plus a garden.
Option 2 - $349,000 adjacent to the left of the home, on a separate title is lush pasture of approx. 12.83 ha, that has a garage converted into temporary accommodation, consisting of a fully lined bedroom (added on to the left), large living area with free standing Bellchambers wood heater, a small caravan inside the shed with a second bed and a shower, 2 toilets, kitchenette, laundry, workshop and separate lockable storage. A huge separate colour-bond shed 30 m away, plus a second caravan at the rear that may come with the sale. The water for this option is drinking boar water (unlimited).

Option 3 - The sale of both titles together.
All this is only a short 24 minute drive to Launceston's CBD, minutes away from Vineyards, Lalla and Lilydale Townships. There has been interest in agisting livestock on both properties for an investor.

Property History for 88 Karoola Rd, Karoola, TAS 7267

A timeline of how this property has performed in the market
  • 28 Aug 2018
    Listed for Sale $259,000

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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.

Suburb Insights for Karoola 7267

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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.