108 Karoola Rd, Karoola is a 1 bedroom, 1 bathroom House and was built in 2007. The property has a land size of 128300m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
This 12.87 Ha or 31.7 acres of land is all well fenced, has a cattle loading ramp and yard near the main road, power connected to the pump station (small green shed) with self-filling water troughs into most paddocks. The big bonus is that it is north east facing allowing all day sun, great if you intend to go off grid. The location itself is peaceful, tranquil, and extremely quiet, plus it is only a short drive to Lilydale or a 24 minute leisurely drive to Launceston's CBD.
The temporary accommodation consists of a 6m x 9m shed fully lined out, carpeted, large free standing wood heater, lights, make-shift kitchen, plus a slide on/off caravan camper with toilet and shower. There is also a small workshop and a storage shed off to the left and behind that there is a larger caravan and further up the hill is a larger color bond shed.
The size of Karoola is approximately 32.1 square kilometres. It has 2 parks. The population of Karoola in 2016 was 318 people. By 2021 the population was 349 showing a population growth of 9.8% in the area during that time. The predominant age group in Karoola is 50-59 years. Households in Karoola are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Karoola work in a managers occupation.In 2021, 87.00% of the homes in Karoola were owner-occupied compared with 89.80% in 2016.
Karoola has 179 properties. Over the last 5 years, Houses in Karoola have seen a 38.67% increase in median value. As at 28 February 2026:
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