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Karaak Flat
NSW, 2429 - Mid-Coast

Thinking about buying in Karaak Flat? Now could not be a better time, with just 31 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $901,000 with prices in this suburb ranging from $487,000 to $929,000. The aproximate distance to the coast is 24 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Karaak Flat Real Estate Market Outlook

In Karaak Flat there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Karaak Flat is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Karaak Flat changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Karaak Flat we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Karaak Flat a better buying opportunity than it may have been in the past.


Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Karaak Flat there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Karaak Flat weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.018.930.148.193.64.624.5
Feb3.318.628.352.794.54.220.7
Mar5.117.426.854.2954.116.6
Apr4.413.724.551.695.83.614.4
May2.610.021.049.393.84.011.3
Jun4.88.718.254.494.24.39.5
Jul2.36.818.346.191.94.510.8
Aug1.86.819.838.591.64.513.7
Sept2.09.423.037.092.54.318.2
Oct2.412.224.841.593.04.421.3
Nov2.515.526.946.893.74.424
Dec2.517.328.247.893.34.624.8

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

20-11-2023 $755,000 2 BRUSHWOOD CL
10-03-2022 $575,000 190 KARAAK FLAT RD
07-12-2020 $585,000 31 HILLSIDE AVE
21-09-2020 $450,000 190 KARAAK FLAT RD
10-10-2018 $429,000 16 BRUSHWOOD CL
09-04-2018 $240,000 15 BRUSHWOOD CL
14-02-2017 $322,000 16 BRUSHWOOD CL
27-03-2013 $310,000 158 KARAAK FLAT RD
16-06-2010 $249,575 15 BRUSHWOOD CL
06-05-2008 $285,000 2 BRUSHWOOD CL
31-07-2007 $225,000 15 BRUSHWOOD CL
09-03-2007 $290,000 16 BRUSHWOOD CL
13-02-2003 $365,000 60 FOWLERS RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

KillawarraBurrell CreekDollys FlatBootawaKimbrikiKundibakhHillvilleWinghamThe BightMount George

Public Transport


General Points of Interest

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