15/42-46 Calytrix Rd, Karama is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 95m2 and floor size of 84m2.
Presenting an ideal opportunity for first-time buyers or savvy investors, this 2-bedroom, 1-bathroom unit combines practicality with an excellent location, making it a wise investment.
Current tenant can remain and offers an 8% plus gross yield for the astute investor or you may just want to move in and pay less than you currently do on rent!
Inside, the unit boasts heightened ceilings that enhance the feeling of space. The open kitchen, complete with a breakfast bench, is perfect for both casual dining and entertaining guests. The bathroom features a generous bathtub for ultimate relaxation.
Both bedrooms are equipped with built-in robes, ensuring ample storage space. Split system air conditioners guarantee year-round comfort.
A screened patio further expands the living area, providing a place to savor fresh air. The unit is nestled within a secure gated community, offering both safety and serenity.
As an added bonus, residents have access to a spacious pool and BBQ area, enhancing the community's appeal.
Whether you're embarking on your property ownership journey or seeking a sound investment opportunity, this unit presents a practical and appealing choice. Investors, seize the chance to capitalize on this promising unit's potential!
Property Highlights:
High Ceiling design
Large open kitchen with breakfast bench
Bathroom with full-size bathtub
Built-in Robes in bedrooms
Split system air conditioners throughput
Screen Patio
Gated Community
Large communal swimming pool and BBQ area
Key Details:
Council Rates:$1700 per year Approx.
Area Under Title: 95 square meters
Rental Income: $350pw.
Body Corporate Levies: $1281p/q (approx. incl. sinking fund)
Settlement period: 30 days or negotiable
Deposit: 10% or variation on request
The size of Karama is approximately 2.1 square kilometres. It has 15 parks covering nearly 6.3% of total area. The population of Karama in 2016 was 4944 people. By 2021 the population was 4803 showing a population decline of 2.8% in the area during that time. The predominant age group in Karama is 10-19 years. Households in Karama are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karama work in a professional occupation.In 2021, 58.90% of the homes in Karama were owner-occupied compared with 57.60% in 2016.
Karama has 1,754 properties. Over the last 5 years, Houses in Karama have seen a 45.99% increase in median value, while Units have seen a 46.03% increase. As at 30 November 2025:
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