48 Banksia Crescent, Karabar, NSW 2620 | Property Value & History | OnTheHouse
OFF MARKET

48 Banksia Crescent
Karabar NSW 2620

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 126m2
Land area: 608m2
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Property Details for 48 Banksia Cres, Karabar

48 Banksia Cres, Karabar is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1975. The property has a land size of 608m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Year Built
1975
Floor Size
126m2
Land Size
608m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
507/DP242811

Last Listing description (February 2023)

This beautiful single level three-bedroom, one bathroom, four car garage executive home, is new to the market. With easy access to Canberra and close to the Karabar shops, this property is perfect for first home buyers, downsizers and investors.

Complete with 2 light filled living rooms, the formal living is located at the entry of the home and the second living area is located near the kitchen with a beautiful open plan flow. Coming off the second living area is large sliding doors opening onto the fully covered balcony, perfect for indoor/outdoor living and entertainment. The functional kitchen features a breakfast bar, 900mm electric cooktop and oven, dishwasher, feature tiled splashbacks and ample cupboard space.

The home features 3 comfortable sized bedrooms all complete with build in wardrobes, carpeted flooring and window coverings, assuring privacy. The bedrooms share access to the fully tiled bathroom, featuring a free-standing bath, vanity and a shower with a separate toilet.

A functional tiled laundry with a large sink, gives access to the outdoor covered balcony which oversees the extensive rear garden, complete with garden shed and clothes line. The backyard is a place of possibilities with a concreted surface area, a veggie patch, flowers and fruit plants, relaxing areas which is ideal for families.

On top of being very solid and well built, mounted on solid brick piers, this charming property is well situated, close to many locations such as the Queanbeyan south School, KU learning Centre, and to the local shops. The residence is well conceptualised and designed for light filled and easy living, in the enjoyable suburb of Karabar in Queanbeyan.

Features

Kitchen with 900mm electric cooktops, double oven, dishwasher
3 newly carpeted bedrooms all with BIR's
Fully tiled bathroom with freestanding bath and separate toilet
Ducted gas heating/ evaporative cooling
Open plan living/dining area
Parquet flooring
Large double garage (fit 4 cars)
2 Living spaces
Laundry with external access
Established large private gardens with fruit trees
Gas connection in one of the living areas
Close to amenities, schools & shops
Workshop space in garage
Under house storage space
Basketball hoop
NBN connection

Property History for 48 Banksia Cres, Karabar, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$725,000
22 Dec 2022
  • 22 Dec 2022
    Sold for $725,000
  • 29 Sep 2022
    Listed for Sale $765,000
  • 05 Nov 2009
    Sold for $408,000
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About Karabar 2620

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 3,753 properties. Over the last 5 years, Houses in Karabar have seen a 39.87% increase in median value, while Units have seen a 42.44% increase. As at 31 January 2026:

  • The median value for Houses in Karabar is $756,271 while the median value for Units is $550,023.
  • Houses have a median rent of $650 while Units have a median rent of $530.
There are currently 9 properties listed for sale, and 5 properties listed for rent in Karabar on OnTheHouse. According to Cotality's data, 146 properties were sold in the past 12 months in Karabar.

Suburb Insights for Karabar 2620

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.