FOR SALE
$225,000 each

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Inverell NSW 2360

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Stage 1 - Lake Inverell Estate

Raine & Horne are proud to introduce stage 1 of 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. 5 allotments available, the Lake Inverell Drive access end offers lots 1, 2 & 3, ranging from 778.5 to 780m2, all east facing lots while the Brewery Street access end offers Lot 21 - 781.8m2 & Lot 22 - 781.8m2 with all services available. Lots 1 to 3 are all situated opposite the Inverell off-road recreation circuit which is ideal for bike riding or walking & approximately 300m to the Lake reserve. Subject to the development of stage two, Lots 21 & 22 would then also have easy access to the lake offering a wide range of recreational options. Lake Inverell reserve is one of Inverell's popular recreational spaces & is ideal for BBQ's, bush walking, fishing, bird watching & kayaking, other improvements include sheltered picnic tables, playground & amenities, walking tracks plus a viewing platform & elevated boardwalk. Construction works are underway & anticipated to be completed approximately mid-November with all block sales subject to registration of the subdivision.

Property Details for Contact Agent For Address, Inverell

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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 6,488 properties. Over the last 5 years, Houses in Inverell have seen a 65.28% increase in median value, while Units have seen a 42.68% increase. As at 31 October 2024:

  • The median value for Houses in Inverell is $364,940 while the median value for Units is $284,877.
  • Houses have a median rent of $380 while Units have a median rent of $290.
There are currently 106 properties listed for sale, and 31 properties listed for rent in Inverell on OnTheHouse. According to CoreLogic's data, 263 properties were sold in the past 12 months in Inverell.

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Raine & Horne Inverell
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