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Profiles
Nearby Suburbs
Real Estate Market: Is Karoola TAS 7267 a Good Suburb to Buy Into?
Housing Market in Karoola
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| $518 | Bottom 31% |
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| Premium | Premium | Premium |
Housing Supply in Karoola
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Karoola
43.7%
Karoola
43.7%
Launceston and North East Tas
37.5%
Launceston and North East Tas
37.5%
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| 0 | Bottom 38% |
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| 2.3 | Top 48% | Data for Jul 2023 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 2 | Top 35% |
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Housing Stock Quality in Karoola
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| 100.0% | Top 31% | Data for Jan 2021 | ||
| 2.5 | Top 48% |
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| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Karoola
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Karoola
19.0%
Karoola
19.0%
Launceston and North East Tas
28.0%
Launceston and North East Tas
28.0%
| Field | Value | VS Launceston and North East Tas | Trend |
|---|
Risk in Karoola
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Karoola
46.0
Karoola
46.0
Launceston and North East Tas
39.4
Launceston and North East Tas
39.4
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| 100.0% | Top 11% | Data for May 2023 | ||
| 0.0% | Bottom 11% | Data for May 2023 | ||
| 42 | Top 23% | Data for Jun 2023 | ||
| $2,460 | Top 24% |
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| 73 | Bottom 20% | Data for Jun 2023 | ||
| 68 | Bottom 15% | Data for Jun 2023 | ||
| 18.4% | Bottom 30% |
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| 57.4% | Top 10% |
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Housing Demand in Karoola
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Karoola
53.0%
Karoola
53.0%
Launceston and North East Tas
54.8%
Launceston and North East Tas
54.8%
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 41100 | Bottom 26% |
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| Premium | Premium | Premium | ||
| 69600 | Top 21% |
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| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Unit Market in Karoola
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Launceston and North East Tas | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| 60.2% | Bottom 18% |
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LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Launceston |
Turnover Rate by Street (15)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 66.7% | Second River Rd | quite tightly held | Every 15.0 years (quite tightly held) | 2025 |
| 66.7% | Pipers River Rd | quite tightly held | Every 15.0 years (quite tightly held) | 2025 |
| 116.7% | Watchorns Rd | very high turnover | Every 8.6 years (very high turnover) | 2025 |
| 75.0% | Bangor Rd | average turnover | Every 13.3 years (average turnover) | 2025 |
| 112.5% | Karoola Rd | very high turnover | Every 8.9 years (very high turnover) | 2025 |
Percent of Renters by Street (17)
| Percent of Renters | Street |
|---|---|
| 0.0% | Bangor Rd |
| 0.0% | Barretts Rd |
| 0.0% | Brown Mountain Rd |
| 0.0% | Collins Rd |
| 0.0% | Evans Rd |
Median Unit Sale Prices by Street (1)
| Date | Median sale value | Street |
|---|---|---|
| 10 May 2024 | $720,000 | Brown Mountain Rd |
Recently Sold Houses (59)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 92 Watchorns Rd | $450,000 | 5.0 | 1.0 | 0.0 | 17 Feb 2025 | 0 | On Market |
| 260 Karoola Rd | Price Withheld | 3.0 | 2.0 | 4.0 | 08 Aug 2024 | 0 | On Market |
| 260 Karoola Rd | $849,000 | 3.0 | 2.0 | 4.0 | 08 Aug 2024 | 0 | On Market |
| 260 Karoola Rd | $849,000 | 3.0 | 4.0 | 08 Aug 2024 | 0 | On Market | |
| 88 Karoola Rd | $580,000 | 3.0 | 1.0 | 6.0 | 05 Aug 2024 | 0 | On Market |
Planning Applications: Dwellings (3)
| Headline | Place | Date |
|---|---|---|
| Residential - Construction of alterations and additions to a dwelling - Launceston City Council DA0279/2022 | 105 Rowleys Hill Road Karoola, TAS, 7267 | 17 May 2022 |
| Residential - Construction of a dwelling - Launceston City Council DA0767/2021 | 1065 Pipers River Road Karoola, TAS, 7267 | 16 Dec 2021 |
| Visitor Accommodation - Construction of three holiday units - Launceston City Council DA0298/2021 | 1351 Pipers River Road Karoola, TAS, 7267 | 08 Jul 2021 |
Businesses (1)
| Name | Address |
|---|---|
| Crossroads Civil Contracting Pty Ltd | 173 Karoola Rd, Karoola TAS 7267, Australia |
Median House Sale Prices by Street (100)
| Street | Date | Median sale value |
|---|---|---|
| Barretts Rd | 06 Oct 2023 | $1,008,000 |
| Evans Rd | 06 Oct 2023 | $945,000 |
| Karoola Rd | 06 Oct 2023 | $511,700 |
| Rowleys Hill Rd | 06 Oct 2023 | $193,400 |
| Pipers River Rd | 06 Oct 2023 | $936,000 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 114 Waddles Rd | $450 | 4 | 2 | 5 | 06 Apr 2020 | 0 |
| 114 Waddles Rd | $450 | 4 | 2 | 5 | 06 Apr 2020 | 0 |
| 114 Waddles Rd | $450 | 4 | 2 | 5 | 06 Apr 2020 | 0 |
| 114 Waddles Rd | $450 | 4 | 2 | 5 | 06 Apr 2020 | 0 |
| 114 Waddles Rd | $450 | 4 | 2 | 5 | 06 Apr 2020 | 0 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 344 Brown Mountain Rd | $1,070,000 | 4.0 | 3.0 | 6.0 | 05 Feb 2025 | On Market |
| 344 Brown Mountain Rd | $1,070,000 | 4.0 | 3.0 | 6.0 | 05 Feb 2025 | On Market |
| 344 Brown Mountain Rd | $1,070,000 | 4.0 | 3.0 | 6.0 | 05 Feb 2025 | On Market |
| 344 Brown Mountain Rd | $1,070,000 | 4.0 | 3.0 | 6.0 | 05 Feb 2025 | On Market |
| 344 Brown Mountain Rd | $1,070,000 | 4.0 | 3.0 | 6.0 | 05 Feb 2025 | On Market |
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