This block of land is available, affordable and ready for the next owner. With the demand for rentals still very high and the need for housing this may be the ideal time to build your home or investment.
Land size 800m2 with a 20 metre frontage
Zoning R20
The size of Karloo is approximately 3.9 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Karloo in 2011 was 650 people. By 2016 the population was 590 showing a population decline of 9.2% in the area during that time. The predominant age group in Karloo is 0-9 years. Households in Karloo are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Karloo work in a labourer occupation. In 2011, 52.9% of the homes in Karloo were owner-occupied compared with 51.5% in 2016.
Karloo has 263 properties. Over the last 5 years, Houses in Karloo have seen a 173.82% increase in median value. As at 31 October 2024:
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