24-28 Palmer StreetKarumba QLD 4891
Property Details for 24-28 Palmer St, Karumba
Last Listing description (February 2025)
The romance of the outback
The Magnetism of the Ocean
The exceptional money making income
Ideally suited to a family group or two business partners to capitalise on this already successful business.
Written words could never accentuate the outstanding possibilities this resort offers.
NB note: this resort defies any comparison to any east coast motel currently on the market.
FHGC Motels of this caliber are indeed a rarity.
For further information and a copy of the memorandum please call Andrew or Carla ( 0434 552 550 )
Property History for 24-28 Palmer St, Karumba, QLD 4891
- 15 Nov 2024Listed for Sale Offers Over $2,500,000 Plus Sav
- 06 Jul 2023Sold for $1,300,000
- 22 Jun 2022Listed for Sale Offers Over $2,500,000 Plus Sav
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0About Karumba 4891
The size of Karumba is approximately 136.9 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Karumba in 2016 was 531 people. By 2021 the population was 487 showing a population decline of 8.3% in the area during that time. The predominant age group in Karumba is 60-69 years. Households in Karumba are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Karumba work in a labourer occupation.In 2021, 58.90% of the homes in Karumba were owner-occupied compared with 57.40% in 2016.
Karumba has 408 properties. Over the last 5 years, Houses in Karumba have seen a 33.07% increase in median value, while Units have seen a 34.29% increase. As at 30 April 2026:
- The median value for Houses in Karumba is $217,843 while the median value for Units is $326,465.
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