50/302 College Road, Karana Downs, QLD 4306 | Property Value & History | OnTheHouse
OFF MARKET

50/302 College Road
Karana Downs QLD 4306

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 113m2
Land area: 209m2
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Property Details for 50/302 College Rd, Karana Downs

50/302 College Rd, Karana Downs is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2008. The property has a land size of 209m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
2008
Floor Size
113m2
Land Size
209m2
Local Government
Brisbane
Lot/Plan
50/SP225955

Last Listing description (April 2021)

SOLD !!!

INVEST OR NEST - THE CHOICE IS YOURS! - RETURNING OVER $24K PER ANNUM!

SET IN A SECURE COMPLEX WITH EVERYTHING YOU NEED - COMPLETE WITH POOL, TENNIS COURT, AND BBQ FACILITIES - ALL WITHIN A SHORT STROLL TO THE BRISBANE RIVER GOLF CLUB, BISTRO & MARKETS!!

STUNNING 4 BEDROOM TOWN HOUSE LOCATED IN THE EVER POPULAR KARANA DOWNS GOLFING PRECINCT - FAIRWAYS CREST.

Presented to a high standard and peacefully positioned in stage two of this boutique complex, this dual level town house enjoys a lovely aspect with stunning views and breezes over the rolling grounds of the Golf Course towards picturesque Mount Crosby. Sure to delight this lovely town house has all the extras, with an emphasis on low maintenance, hassle free living in a secure complex close to everything!

Currently Rented with NRAS (subsidised government rental scheme) in place until Jan 2021, however can be removed for an owner occupier at end of tenancy. Approximately 6.3% rental yield, returning over $24,000 per year!

Features:
Four Good Sized Bedrooms (2 Up, 2 Down)
All with Built In Robes and Mirror Sliders
Two Stylish Bathrooms Modern Fittings
R/C Air Conditioned Throughout + Fans
Open Plan Upstairs Kitchen/Living / Dining
Large Downstairs Rumpus Room
Stunning Timber Deck with Golf Course Views!
Lovely Downstairs Alfresco Patio
Double Lock Up Garage with Remote
Ample Storage Throughout Up & Down
Separation of Space for All

Other Inclusions:
Stunning Timber Staircase and Formal Entrance
Stone Benches and Two Pac Cupboards Kitchen
4 Burner Gas Cook Top and Electric Oven
Dishwasher; Ample Bench Space & Pantry
Built In Storage Cupboards & Linen
Alarm System; Intercom & Down lights
Security Screens, Window Blinds
Double Remote Lock Up Garage with Internal Access
Internal Laundry - with Close Away Doors
Fully Fenced 211m2 with Side Access
End Town house with Views
Guest Parking at Front Door

Income & Costs:
Fantastic Rental Return + NRAS Incentive!!
$90 per Week Body Corporate (approx)
$400 per Quarter BCC Rates (approx)
$350 per Quarter Water (approx)

Complex Features:
Resort Pool and Tennis Court
Alfresco BBQ Facilities
Access to Karana Downs Golf Club

Get in quick - or miss out on this fabulous opportunity to buy into a great suburb!
Fantastic neighbourhood and so close to shops, golf course and bistro, boat ramp, parks etc. School bus stops on corner for private and state schools both for Ipswich and Brisbane. Karana Downs Shops only a short stroll and Woolworths & Coles Karalee Shopping Village only a 5 minute drive.

Please call us to arrange a private viewing, minimum 24 hours notice required.

Property History for 50/302 College Rd, Karana Downs, QLD 4306

A timeline of how this property has performed in the market
Last Sold
$360,000
22 Dec 2020
Listed for Rent
08 Dec 2019
  • 22 Dec 2020
    Sold for $360,000
  • 17 Aug 2020
    Listed for Sale LARGE TOWNHOUSE $380K +
  • 25 Nov 2019
    Listed for Rent $307 / week
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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 1,489 properties. Over the last 5 years, Houses in Karana Downs have seen a 115.13% increase in median value, while Units have seen a 136.65% increase. As at 28 February 2026:

  • The median value for Houses in Karana Downs is $1,131,832 while the median value for Units is $624,625.
  • Houses have a median rent of $700 while Units have a median rent of $410.
There are currently 17 properties listed for sale, and no properties listed for rent in Karana downs on OnTheHouse. According to Cotality's data, 57 properties were sold in the past 12 months in Karana downs.

Suburb Insights for Karana Downs 4306

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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.