This high flat 1398m2 block is mostly cleared and ready to be built on. It is situated up above the edge of the bay with great views to the south that will never be built out. The peaceful position looking out over the trees and water is waiting for you to build your for-ever home or make and amazing investment.
The block is fenced on two sides and has mains water and power running past the block making it easy for connection.
Karragarra Island is the most exclusive of the Bay Islands. Very sought after, this Island has held its value over the years, and when you land on this Treasure of an Island, you will see why.
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Property Code: 2553
The size of Karragarra Island is approximately 1.0 square kilometres. There are 4 parks, covering nearly 3.0% of the total area. The population of Karragarra Island in 2016 was 204 people. By 2021 the population was 240 showing a population growth of 17.6% in the area during that time. The predominant age group in Karragarra Island is 60-69 years. Households in Karragarra Island are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Karragarra Island work in a professional occupation.In 2021, 83.00% of the homes in Karragarra Island were owner-occupied compared with 79.20% in 2016.
Karragarra Island has 255 properties. Over the last 5 years, Houses in Karragarra Island have seen a 84.32% increase in median value. As at 31 July 2026:
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