1 Melbourne St, Karalee is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 3819m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last transferred in September 2013.
A Diamond in the Rough
An opportunity exists for an astute investor, first home buyer or a tradesman looking for a project to complete.The property is a large three bedroom home set on 3819m2 of land. The property features three bedrooms, ensuite to main, built-ins in all. A combined kitchen/meals/family plus a large rumpus with open-fire. The house is really a ???Work in Progress??? There???s an inground pool, a 9m x 6m colourbond shed plus a 12m carport. The acreage is fully fenced but the fencing requires help. The property can only be purchased on a as is basis. All offers are to be directed to Max Parker on 3281 9000 or 0419 858 955.
The size of Karalee is approximately 15.6 square kilometres. It has 11 parks covering nearly 5.3% of total area. The population of Karalee in 2016 was 4352 people. By 2021 the population was 5521 showing a population growth of 26.9% in the area during that time. The predominant age group in Karalee is 40-49 years. Households in Karalee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karalee work in a professional occupation.In 2021, 84.90% of the homes in Karalee were owner-occupied compared with 86.80% in 2016.
Karalee has 2,280 properties. Over the last 5 years, Houses in Karalee have seen a 112.99% increase in median value, while Units have seen a 98.60% increase. As at 31 March 2026:
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