FOR SALE
$225,000

Lake Inverell Drive
Inverell NSW 2360

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 778.5m2
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Lake Inverell Estate

Raine & Horne are proud to introduce stage1of Lake Inverell Estate, nestled along the prestigious Lake Inverell Drive, this development offers families the opportunity to fulfil their dreams & build a new home in this picturesque area amidst the tranquil surrounds. Lot 1 is an impressive 778.5 m2 east facing allottment, services include town water, sewer, power. These blocks are situated right opposite the Lake Inverell off-road recreation circuit which is ideal for bike riding or walking & approximately 300m to access a host of recreational activities & enfjoy the beauty of Lake Inverell reserve. The reserve is one of Inverell's popular recreational spaces & is ideal for BBQ's, bush walking, fishing, bird watching & kayaking, other improvments include sheltered picnic tables, playground & amenities, walking tracks plus a viewing platform & elevated boardwalk. Discover the epitome of family living at Lake Inverell Estate & arrange an inspection today to experience firsthand the allure of this picturesque area. Construction works anticipated to be completed approximately mid November with block sales subject to registration of the subdivision.

Property Details for Lot 1 Lake Inverell Dr, Inverell

Building Type
Land
Land Size
778.5m2

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About Inverell 2360

The size of Inverell is approximately 208.6 square kilometres. It has 25 parks covering nearly 6.2% of total area. The population of Inverell in 2011 was 11,399 people. By 2016 the population was 11,682 showing a population growth of 2.5% in the area during that time. The predominant age group in Inverell is 0-9 years. Households in Inverell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Inverell work in a labourer occupation. In 2011, 65.2% of the homes in Inverell were owner-occupied compared with 61.9% in 2016.

Inverell has 6,497 properties. Over the last 5 years, Houses in Inverell have seen a 56.51% increase in median value, while Units have seen a 47.14% increase. As at 30 November 2024:

  • The median value for Houses in Inverell is $355,950 while the median value for Units is $270,761.
  • Houses have a median rent of $380 while Units have a median rent of $295.
There are currently 99 properties listed for sale, and 29 properties listed for rent in Inverell on OnTheHouse. According to CoreLogic's data, 259 properties were sold in the past 12 months in Inverell.

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