FOR SALE
$560,000

65 Bloomfield Street
South Kempsey NSW 2440

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Live in now or land bank for future development! Large block close to the river.

An oasis of gardens set upon just under half an acre, this comfortable home would suit a family, investor or future development potential (STCA)
Comprising of three bedrooms, all with built ins, a large kitchen, neat bathroom and laundry, two living areas, with a lovely front veranda, which faces north to capture the river views and breeze, this property has so much to offer.
A large shed is perfect for storage and with wide street frontage, access is easy.
The gardens are planted for privacy with many varieties of flowering trees and shrubs and sheltered alfresco dining areas and paved terraces will entice you for afternoon drinks in the shade.
Future development potential lends itself to subdivision or redevelopment and the height and aspect of the block would enable a new home to enjoy split-level living and river views.
Utilize this opportunity to live or invest in a suburb that has a strong housing demand, has a tightly held rental market, and is a growing area with new enterprises, businesses and infrastructure being approved. South Kempsey is growing quickly but still represents great value with median prices consistently climbing.
With close proximity to Crescent Head, South West Rocks and Hat Had beaches and with Port Macquarie and Coffs Harbour only a short commute away this property ticks all the boxes.
Zoned R1 (General Residential) this parcel is ideal for potential redevelopment into two separate homes, villas, units, or a large home on a substantial sized block (STCA), you can land bank this land whilst still deriving an investment income from it.

Property Details for 65 Bloomfield St, South Kempsey

65 Bloomfield St, South Kempsey is a 3 bedroom, 1 bathroom House with 2 parking spaces. The place is currently for sale with Harcourts The Rocks.

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House

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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 1,565 properties. Over the last 5 years, Houses in South Kempsey have seen a 55.55% increase in median value, while Units have seen a 88.63% increase. As at 31 August 2024:

  • The median value for Houses in South Kempsey is $418,728 while the median value for Units is $469,534.
  • Houses have a median rent of $455 while Units have a median rent of $350.
There are currently 32 properties listed for sale, and 2 properties listed for rent in South kempsey on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in South kempsey.

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Lizzy Howard
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Dan Edwards
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Harcourts The Rocks
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