SOLD
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Sold on 30 Jul 2024 for $865,000

518 Terranora Road
Terranora NSW 2486

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
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Property Details for 518 Terranora Rd, Terranora

518 Terranora Rd, Terranora is a 4 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Terranora in the last 12 months.

Building Type
House
Local Government
Tweed
Lot/Plan
1/DP511334

Last Listing description (July 2024)

Situated on a quarter acre block with stunning views of Trutes Bay and the ocean. Welcome to 518 Terranora Road.

The house was originally built circa 1890 and was the original post office for Terranora. In near original condition with only minor changes over time this home whilst being liveable is ripe for an extensive full renovation using the existing framework, or alternatively pull the house down completely and build your own masterpiece, with proposed building plans available.

The un-even timber floor and original windows of the home are crying out to be restored with love to their former glory. The kitchen has a simple yet functional design and leads to the basic bathroom which is ripe for transformation. With four usable bedrooms there is space for a family.

The gentle undulating slope offers space galore to add a large shed for all your toys or offers a blank canvas to create your own outdoor oasis. With access from both sides of the block the only limit is your imagination.

With one of the most spectacular outlooks on Terranora Road, bring your vision to life to build the lifestyle you have always dreamt of.

@ Tate Brownlee Real Estate we open doors to your future

- Quarter acre block with views of Trutes Bay and the ocean
- Original timber cottage
- Gently sloping block
- Side access from both sides
- North Facing Aspect

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

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Property History for 518 Terranora Rd, Terranora, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$865,000
30 Jul 2024
  • 30 Jul 2024
    Sold for $865,000
  • 27 Jun 2024
    Listed for Sale $865,000
  • 29 Mar 2021
    Sold for $725,000
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About Terranora 2486

The size of Terranora is approximately 12.5 square kilometres. It has 4 parks covering nearly 1.5% of total area. The population of Terranora in 2011 was 2,796 people. By 2016 the population was 2,903 showing a population growth of 3.8% in the area during that time. The predominant age group in Terranora is 10-19 years. Households in Terranora are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Terranora work in a professional occupation. In 2011, 87.1% of the homes in Terranora were owner-occupied compared with 86.8% in 2016.

Terranora has 1,511 properties. Over the last 5 years, Houses in Terranora have seen a 83.21% increase in median value, while Units have seen a 26.42% increase. As at 31 July 2024:

  • The median value for Houses in Terranora is $1,240,715 while the median value for Units is $764,332.
  • Houses have a median rent of $880.
There are currently 26 properties listed for sale, and 4 properties listed for rent in Terranora on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Terranora.

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