FOR SALE
$369,000

56 Lachlan Street
South Kempsey NSW 2440

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 500m2
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3 Bedroom Home With Potential For Growth

Are you looking for your next chapter? Or looking to expand your investment portfolio? Here's one for you. This 3-bedroom home sits on approx. 500 sqm block and is located within walking distance of essential amenities.
The property also stands to benefit from new developments, with council-approved DA to go ahead with building a new Supermarket, Shops, and Doctor's Surgery across the road. With MU1 zoning, it means you could also do something similar with this block but on a smaller scale.
This property has been a great investment for the current owners, and is now available to be yours, the current tenants are paying $430 per week.
Features Include:
- 3 bedrooms (2 large, 1 on the smaller side)
- 1 bathroom with a separate toilet
- Carport plus workshop space
- Side access to the backyard
- Polished timber flooring throughout
- Approx. 2.5km to Kempsey Town Centre
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Property Details for 56 Lachlan St, South Kempsey

56 Lachlan St, South Kempsey is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 500m2. The place is currently for sale with STONE REAL ESTATE KEMPSEY.

Building Type
House
Land Size
500m2

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About South Kempsey 2440

The size of South Kempsey is approximately 66.3 square kilometres. It has 8 parks covering nearly 28.7% of total area. The population of South Kempsey in 2011 was 2,466 people. By 2016 the population was 2,309 showing a population decline of 6.4% in the area during that time. The predominant age group in South Kempsey is 0-9 years. Households in South Kempsey are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Kempsey work in a professional occupation. In 2011, 59.4% of the homes in South Kempsey were owner-occupied compared with 62.3% in 2016.

South Kempsey has 1,569 properties. Over the last 5 years, Houses in South Kempsey have seen a 57.64% increase in median value, while Units have seen a 75.77% increase. As at 30 September 2024:

  • The median value for Houses in South Kempsey is $425,695 while the median value for Units is $401,866.
  • Houses have a median rent of $460 while Units have a median rent of $350.
There are currently 31 properties listed for sale, and 1 property listed for rent in South kempsey on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in South kempsey.

Suburb Insights for South Kempsey 2440

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Carlos Peters
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STONE REAL ESTATE KEMPSEY
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.