136 Karoola Rd, Karoola is a 4 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 16180m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in May 2019.
Situated in the ever popular Karoola district just outside Lilydale, and only 15 minutes to Launceston, is this fine example of rural lifestyle living. The centrepiece is the gorgeous character cottage and enchanting gardens privately staged behind the solid brick fence. Without a doubt, there are things to do and improvement to be made but isn't this the secret to buying well in the property market?? Adding value?? The home features a beautiful stone fireplace in the living space, the kitchen is very cute and there are 3/4 bedrooms.
The bathroom has been totally renovated and sets an example of what can be done adding value. There is a massive detached colorbond garage and the paddocks are well set up for horses, or any hobbyists' animals. Situated on two titles, with School bus pick up at the front gate - what more could one ask for with a small family? I love it and you will too!!
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 57.71% increase in median value. As at 30 November 2025:
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