1 Downey St, Karabar is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 619m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
This gorgeous three-bedroom cottage on a large corner block is ideally located close to schools and public transport and is a solid investment opportunity, currently leased at $600 per week until 21st August 2025.
The home features a large sunny living space, and polished timber floors throughout. A standout is the large east-facing sunroom with timber French doors opening onto the rear yard.
The lovely timber kitchen comes with a gas cooktop and is positioned adjacent to the dining area.
The bathroom is in great condition and features floor-to-ceiling tiles.
All three bedrooms have reverse-cycle airconditioners and are well-sized, with the master particularly large.
The home is heated by a ducted gas system and there is another reverse-cycle airconditioner in the living space. A gas-bayonet point adds extra convenience.
The wrap-around, secure yard is perfect for kids and pets.
Car accommodation is via a double lock-up garage with a double carport to the front.
*Please note that the buyer cannot terminate the existing lease agreement unless the tenant agrees to leave.
Features:
- 3-bedroom cottage with a 12-month lease at $600 per week
- Large sunny living space plus sunroom
- Timber kitchen with gas cooktop
- Bathroom with floor-to-ceiling tiles
- Ducted gas heating plus 4 reverse-cycle airconditioners
- Large double garage plus double carport
- Rates $3,567 p.a
- UV $422,000
- Block size 677m2 approx.
Virtual staging disclosure statement: This property features virtual staging furniture, offering a glimpse of the potential within the space. The actual size of furniture in the space may not be accurate.
The size of Karabar is approximately 7.0 square kilometres. It has 12 parks covering nearly 8.9% of total area. The population of Karabar in 2016 was 8247 people. By 2021 the population was 8517 showing a population growth of 3.3% in the area during that time. The predominant age group in Karabar is 30-39 years. Households in Karabar are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karabar work in a clerical occupation.In 2021, 69.30% of the homes in Karabar were owner-occupied compared with 67.00% in 2016.
Karabar has 3,749 properties. Over the last 5 years, Houses in Karabar have seen a 42.13% increase in median value, while Units have seen a 41.36% increase. As at 30 November 2025:
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