OFF MARKET

16 Palm Grove
Arakoon NSW 2431

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 10009m2
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Last updated 16 Sep 2024
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Property Details for 16 Palm Gr, Arakoon

16 Palm Gr, Arakoon is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 10009m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Land Size
10009m2
Local Government
Kempsey
Lot/Plan
2/DP855283

Last Listing description (May 2012)

The Homestead
Magnificient 4 bedroom country homestead set on a beautiful 1 Hectare (2.5 Acres) with full wrap around verandah to enjoy those cold afternoon drinks. Enormous main bedroom with large ensuite plus walk-in-wardrobe and all other bedrooms feature built-in wardrobes. The superb living area features two formal loungerooms, breakfast area. For the gourmet chef the timber kitchen has plenty of storage space plus a large pantry. This home located minutes to Gap Beach is a must to inspect for those wanting quality & serenity

Property History for 16 Palm Gr, Arakoon, NSW 2431

A timeline of how this property has performed in the market
Last Sold
$930,000
09 Apr 2021
  • 09 Apr 2021
    Sold for $930,000
  • 22 May 2012
    Sold for $560,000
  • 19 Dec 2010
    Listed for Sale 599000
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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 82.69% increase in median value, while Units have seen a 58.81% increase. As at 31 August 2024:

  • The median value for Houses in Arakoon is $913,711 while the median value for Units is $597,480.
  • Houses have a median rent of $665.
There are currently 4 properties listed for sale, and no properties listed for rent in Arakoon on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Arakoon.

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