187 College Road, Karana Downs, QLD 4306 | House for sale | OnTheHouse
 
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187 College Road
Karana Downs QLD 4306

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 305m2
Land area: 1988m2
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Subdivide, Invest or Enjoy the Ultimate Family Lifestyle

Positioned on a sprawling 1,988sqm flood-free corner allotment in sought-after Karana Downs, this outstanding property presents a rare opportunity to secure space, privacy and exciting subdivision potential all in one. Zoned Low Density Residential with potential for a 1 into 3 lot subdivision (STCA), this is the perfect opportunity for developers, investors or families looking to landbank for the future while enjoying an enviable lifestyle today.
The charming homestead-style residence, circa 1981, offers generous proportions and multiple living zones designed for relaxed family living. Featuring four bedrooms, two bathrooms and a triple lock-up garage, the home combines practicality with comfort. At the heart of the home is a beautifully updated timber kitchen complete with stone benchtops, electric cooktop, double oven, dishwasher and double fridge space, flowing seamlessly to the air-conditioned open plan living and meals area. Outside, the private fenced yard and sparkling in-ground pool create the perfect setting for entertaining and family enjoyment.
Whether you choose to move straight in, rent out while progressing subdivision plans (STCA), or simply enjoy the peaceful lifestyle Karana Downs is known for, this is an opportunity packed with flexibility and future upside. Conveniently located close to schools, shops, golf courses and riverside recreation, properties with this level of potential are becoming increasingly hard to find.
Opportunities of this size, flexibility and future potential are incredibly rare. Contact us today to arrange your inspection and discover the lifestyle and development possibilities this exceptional property has to offer.
Features Include:
• 1,988sqm flood-free corner allotment
• Zoned Low Density Residential
• Subdivision potential – 1 into 3 lots (STCA)
• Live in or rent out while subdivision is completed (STCA)
• Brick and tile homestead-style residence circa 1981
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Property Details for 187 College Rd, Karana Downs

187 College Rd, Karana Downs is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1981. The property has a land size of 1988m2 and floor size of 305m2. The place is currently for sale with Place Karalee.

Building Type
House
Year Built
1981
Floor Size
305m2
Land Size
1988m2
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About Karana Downs 4306

The size of Karana Downs is approximately 7.5 square kilometres. It has 12 parks covering nearly 17.6% of total area. The population of Karana Downs in 2016 was 3862 people. By 2021 the population was 3800 showing a population decline of 1.6% in the area during that time. The predominant age group in Karana Downs is 40-49 years. Households in Karana Downs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karana Downs work in a professional occupation.In 2021, 87.10% of the homes in Karana Downs were owner-occupied compared with 84.30% in 2016.

Karana Downs has 1,490 properties. Over the last 5 years, Houses in Karana Downs have seen a 112.33% increase in median value, while Units have seen a 88.36% increase. As at 30 April 2026:

  • The median value for Houses in Karana Downs is $1,152,908 while the median value for Units is $629,982.
  • Houses have a median rent of $710 while Units have a median rent of $410.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Karana downs on OnTheHouse. According to Cotality's data, 63 properties were sold in the past 12 months in Karana downs.

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Richard Bischoff
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Place Karalee
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