FOR SALE
$3,000,000

16 Orara Street
Urunga NSW 2455

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2161m2
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Prime Town Centre Development Opportunity

Discover this rare and exciting investment opportunity in our rapidly expanding seaside community with this exceptional parcel of land in the heart of the town centre. Spanning over 2161 sqm, this superbly located block is adjacent to the Urunga Bowling Club and a short 400m stroll to Urunga's renowned Boardwalk, shopping village, café's, restaurants and Beaches.
Zoned E1 - Local Centre, the block extends itself to a vast array of development opportunities for the astute buyer, including (STCA) Shop top housing, Retail downstairs, apartments upstairs, Medical Centre, Motel & more.
Vacant land of this size and calibre within the town centre is in short supply & strong demand.
Act quickly to seize this opportunity and enquire today.

Property Details for 16 Orara St, Urunga

Building Type
Land
Land Size
2161m2

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About Urunga 2455

The size of Urunga is approximately 49.2 square kilometres. It has 16 parks covering nearly 38.6% of total area. The population of Urunga in 2011 was 3,020 people. By 2016 the population was 3,009 showing a population decline of 0.4% in the area during that time. The predominant age group in Urunga is 60-69 years. Households in Urunga are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Urunga work in a professional occupation. In 2011, 65.8% of the homes in Urunga were owner-occupied compared with 66.7% in 2016.

Urunga has 1,945 properties. Over the last 5 years, Houses in Urunga have seen a 76.76% increase in median value, while Units have seen a 71.98% increase. As at 30 September 2024:

  • The median value for Houses in Urunga is $794,433 while the median value for Units is $477,772.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 22 properties listed for sale, and 4 properties listed for rent in Urunga on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Urunga.

Suburb Insights for Urunga 2455

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Andree Cardow
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Lyndell Cardow
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Cardow & Partners Property
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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.