Karabar, NSW

FAIR VALUE

2,971 sales · 22 years of data · NSW, Australia

$790,000
Median (All)
$817,000
Median (Houses)
$567,000
Median (Apartments)
6.7%
10yr CAGR
7.4%
22yr CAGR
23.8%
Strata %
22 years of data · 2,971 sales analysed · 2,500+ suburbs · Updated weekly

Karabar, NSW Property Market Overview

Karabar, postcode 2620, is a residential suburb located in New South Wales, offering a diverse range of housing options. With 22 years of property data analysed by AusPropertyInsights.app, Karabar has recorded 2,971 sales, providing a solid foundation for understanding its market dynamics. The current median property price for all types is $790,000, making it an accessible option for many buyers.

Karabar's property market is characterised by a mix of houses and apartments, with current median prices of $817,000 and $567,000 respectively. This blend caters to a variety of lifestyle preferences and budgets. The suburb's historical growth, reflected in its long-term capital appreciation, makes it a noteworthy area to analyse within the broader NSW property landscape.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $956,344
Based on the 10-year compound annual growth rate of 6.7%
Predominantly houses24% apartments
76% of sales are houses and other non-strata properties
Loading chart...

Property Mix

76%
24%
Houses 76%$817,000Apartments 24%$567,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
22 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Karabar

Street Rankings

Top streets in Karabar, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Russell PlHouse5$840,000
2Candlebark RdHouse7$1,079,000
3Barracks Flat DrHouse15$935,000
4Hayley CresHouse8$840,000

... and 120 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Dane StHouse3$1,380/m²
2Barracks Flat DrHouse15$1,292/m²
3Ullamulla CresHouse3$1,256/m²
4Gillman PlHouse3$1,358/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Fergus RdHouse+7.9%
2Ash StHouse+6.2%
3Monk PlHouse+6.3%
4Cameron RdHouse+6.3%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

21
apartment buildings analysed
#AddressSalesMedian$/m²
198 Tharwa Rd3$815,000$3,498/m²

... and 17 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

38
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

24%
apartments across 21 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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124 streets and 21 buildings to explore

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3 street rankings
All 124 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
21 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 2,971 verified property sales across 22 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Karabar at a Glance

Region
Southern Tablelands
CBD Distance
15km south of Canberra CBD
Train Station
Queanbeyan Station (NSW TrainLink)
Council
Queanbeyan-Palerang Regional Council
Property Character
Established residential with a mix of houses and apartments
Community
Families and established couples

Karabar, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Karabar, NSW

Karabar offers a family-friendly lifestyle with access to several schools, including Karabar High School and Karabar Public School. The suburb is also close to shops and amenities in the nearby Queanbeyan CBD.

Residents can enjoy outdoor activities at local parks such as Karabar District Park, which provides green spaces for recreation. The suburb's character is defined by its established residential areas and community feel, making it an attractive place for families and individuals alike.

Karabar's proximity to Queanbeyan provides access to a wider range of shopping, dining, and entertainment options. The suburb is well-serviced by public transport, with bus routes connecting it to surrounding areas. This combination of amenities and community spirit contributes to Karabar's appeal as a residential suburb.


Who Buys in Karabar?

The buyer profile in Karabar is diverse, reflecting the mix of housing options and price points. The presence of apartments, representing 23.8% of the market, suggests that first home buyers and downsizers may find suitable options in Karabar.

The median property price of $790,000, combined with the historical growth rates, indicates that Karabar attracts both families seeking long-term capital appreciation and investors looking for stable returns. The suburb's established residential areas and access to schools also appeal to families.

Market Analysis

As of early 2026, AusPropertyInsights.app analysis indicates that Karabar's property market is currently near its long-term trend, suggesting fair value. This indicates that prices are generally aligned with historical growth patterns and market fundamentals.

This position in the property cycle suggests a period of relative stability in Karabar, where significant price fluctuations are less likely compared to periods of undervaluation or overvaluation. Buyers and sellers in Karabar can generally expect market conditions to reflect established trends, making informed decisions based on historical data and current economic factors.


Is Karabar a Good Investment?

Karabar's historical growth, with a full-period CAGR of 7.4%, suggests a consistent appreciation in property values over the long term. This growth, combined with its current cycle position near its long-term trend, indicates a market that is generally performing in line with expectations.

The blend of houses and apartments in Karabar caters to a variety of buyers, potentially contributing to a stable and diverse property market. The suburb's location, amenities, and community character further support its attractiveness as a residential area. Karabar's current cycle position indicates that the market is neither significantly overvalued nor undervalued, suggesting a balanced environment for both buyers and sellers. The 10-year CAGR of 6.7% is a significant factor for those looking at long term growth.


Karabar Market Outlook

As of early 2026, the property market in Karabar is near its long-term trend, indicating fair value. Recent price trends suggest a stable market, with prices generally aligned with historical growth patterns.

This indicates that buyers and sellers in Karabar can expect market conditions to reflect established trends. The market's current position suggests a period of relative equilibrium, where significant price fluctuations are less likely in the short term.

Streets & Location in Karabar, NSW

Karabar, located in the 2620 postcode, features a variety of residential streets contributing to its overall character. Among the streets with higher median prices are LAURA PL, CANDLEBARK RD, and SOUTHWELL PL, reflecting the desirability of certain locations within the suburb.

With a total of 124 streets, Karabar offers a diverse range of residential settings, from quiet cul-de-sacs to more established thoroughfares. The suburb's location provides access to local amenities and services, making it an attractive place to live.

Market Dynamics

The property market in Karabar demonstrates efficient transaction processes, with an average settlement timeframe of 38 days. This relatively short settlement period reflects a streamlined buying and selling process.

The data on quick-flip percentages is currently unavailable, providing limited insight into short-term speculative activity. However, the average settlement days offer a glimpse into the overall transaction efficiency within Karabar's property market.

Development & Density

Karabar has 21 apartment buildings, contributing to a mix of housing options alongside detached houses. This moderate density allows for a variety of living arrangements and caters to different lifestyle preferences.

The presence of strata-titled properties, representing 23.8% of the market, indicates a balance between apartment living and traditional housing. This composition reflects a suburb that accommodates both families seeking larger homes and individuals or couples preferring apartment living.

Growth & Property Mix

Karabar's property market has demonstrated consistent growth over the long term. The suburb has achieved a 10-year Compound Annual Growth Rate (CAGR) of 6.7%, a 20-year CAGR of 4.9%, and a full-period CAGR of 7.4%. This reflects a steady appreciation in property values over the past two decades.

The property mix in Karabar consists of both houses and apartments, with apartments representing 23.8% of the market, reflecting the presence of strata-titled properties. This mix provides options for different investment strategies and lifestyle preferences.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Karabar, NSW

What is the median property price in Karabar?
As of early 2026, the median property price in Karabar is $790,000 for all property types. The median house price is $817,000, while the median apartment price is $567,000.
Is Karabar overvalued or undervalued?
As of early 2026, the property market in Karabar is near its long-term trend, indicating fair value. This suggests that prices are generally aligned with historical growth patterns.
How has the Karabar property market performed over 10 years?
The Karabar property market has demonstrated solid growth over the past 10 years, with a Compound Annual Growth Rate (CAGR) of 6.7%. This reflects a consistent appreciation in property values over that period.
What percentage of Karabar is apartments vs houses?
Apartments represent 23.8% of the property market in Karabar. This indicates a mix of housing options, with the remainder being houses.
Where is Karabar in the property cycle?
As of early 2026, Karabar's property market is near its long-term trend, suggesting fair value. This indicates that prices are generally aligned with historical growth patterns and market fundamentals.
What schools are near Karabar?
Karabar is home to Karabar High School and Karabar Public School. These schools provide educational options for families living in the suburb.
What is Karabar like to live in?
Karabar offers a family-friendly lifestyle with access to parks, schools, and local amenities. It is a residential suburb with a community feel, located close to Queanbeyan CBD.
Is Karabar good for families?
Karabar can be a good option for families due to its schools, parks, and residential housing. The suburb offers a mix of houses and apartments, catering to different family sizes and budgets.
How far is Karabar from Sydney CBD?
Karabar is approximately 15km south of Canberra CBD, not Sydney CBD. It is located in the Southern Tablelands region of NSW, near Queanbeyan.
What transport options are in Karabar?
Karabar is serviced by bus routes connecting it to Queanbeyan and surrounding areas. The nearest train station is Queanbeyan Station, providing access to the NSW TrainLink network.
How does Karabar compare to nearby suburbs?
Compared to nearby suburbs, Karabar offers a mix of housing options and price points. The median property price of $790,000 is competitive within the region, and its historical growth rates are noteworthy.
Is Karabar a good first home buyer suburb?
Karabar could be an option for first home buyers, particularly those interested in apartments. With a median apartment price of $567,000, it may offer more accessible entry points into the property market compared to houses.
What are the best streets in Karabar?
Some of the streets with higher median property prices in Karabar include LAURA PL, CANDLEBARK RD, and SOUTHWELL PL. These streets may offer desirable locations and property types within the suburb.
How many properties have been sold in Karabar?
Over the past 22 years, a total of 2,971 properties have been sold in Karabar. This provides a substantial dataset for analysing the suburb's property market trends.
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