385 Second River Rd, Karoola is a 4 bedroom, 1 bathroom House with 3 parking spaces and was built in 1900. The property has a land size of 200100m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in October 2017.
4 good sized bedrooms, big lounge with wood heater, big open plan kitchen and meals area, new dishwasher, modern bathroom with bath, separate toilet and modern laundry. Big water tanks, great verandah, undercover parking for 3 cars, chook pen, outdoor BBQ, large garden and a fantastic vegetable patch, fruit trees and berries galore. The school bus is at the front gate and only a few minutes to lovely Lilydale and all only 30 minutes from Launceston!
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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