1 Russell StreetArakoon NSW 2431
Property Details for 1 Russell St, Arakoon
Last Listing description (October 2022)
How would you like to own half an acre (2023m2) of beautiful bush only 500m from the calm and pristine waters of Trial Bay in one direction and only 500m from the open ocean at Little Bay in another direction? Take your pick, go for a swim, a walk along the Bay, try your luck at fishing off the rocks or paddle out for a surf, so many options within minutes.
Here is a very unique block of land in Arakoon ready for you to build your dream home to live in or to create a holiday destination for you and the family.
If you are looking for an opportunity to live close by the beach and surrounded by nature, come and check out this block of land before it is snapped up for someone else's dream.
Property Details:
Council Rates: $2,741 pa
Land Size: 2023 sqm
DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.
Property History for 1 Russell St, Arakoon, NSW 2431
- 15 Jul 2022Listed for Sale Offers Considered
- 24 May 2018Sold for $300,000
- 04 Jun 2002Sold for $132,000
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About Arakoon 2431
The size of Arakoon is approximately 24.9 square kilometres. It has 4 parks covering nearly 93.5% of total area. The population of Arakoon in 2011 was 513 people. By 2016 the population was 406 showing a population decline of 20.9% in the area during that time. The predominant age group in Arakoon is 60-69 years. Households in Arakoon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Arakoon work in a trades occupation. In 2011, 84.5% of the homes in Arakoon were owner-occupied compared with 84.2% in 2016.
Arakoon has 321 properties. Over the last 5 years, Houses in Arakoon have seen a 75.35% increase in median value, while Units have seen a 59.61% increase. As at 31 October 2024:
- The median value for Houses in Arakoon is $905,512 while the median value for Units is $585,103.
- Houses have a median rent of $665.
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