OFF MARKET

243 Arakoon Road
Arakoon NSW 2431

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 16927m2
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Property Details for 243 Arakoon Rd, Arakoon

243 Arakoon Rd, Arakoon is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 16927m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Land Size
16927m2
Local Government
Kempsey
Lot/Plan
7/DP774762

Last Listing description (May 2021)

Located down a tree lined driveway, hidden from the neighbours is this 3 bedroom + study (or 4th bedroom) dwelling on a large block of 4.2 acres. The property with its enchanting bushland, abundant birdlife & cleared level grassed areas is unique that it enjoys a rare dual zoning. The large residential (R5) & rural landscape (Ru2) zoning allows for further development of eco tourist cabins, B & B accommodation or dual occupancies. Over the hill from Gap Beach & a short drive from Trial Bay & Smoky Beach this property is sure to please anyone who enjoys the outdoors & is after some income. The house has many features for comfortable living & your inspection is recommended to appreciate everything that is on offer. Preliminary plans available on request for the existing dwelling & dual occupancy & B & B potential.

Property History for 243 Arakoon Rd, Arakoon, NSW 2431

A timeline of how this property has performed in the market
Last Sold
$1,020,000
12 May 2021
  • 05 Aug 2023
    Sold
  • 12 May 2021
    Sold for $1,020,000
  • 07 Apr 2021
    Listed for Sale SOLD - $1,020,000
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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.
There are currently 5 properties listed for sale, and no properties listed for rent in Arakoon on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Arakoon.

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