OFF MARKET

45 Palm Grove
Arakoon NSW 2431

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 9900m2
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Property Details for 45 Palm Gr, Arakoon

Building Type
Land
Land Size
9900m2
Local Government
Kempsey
Lot/Plan
8/DP856996

Last Listing description (November 2019)

Just listed for sale is the last vacant acreage in this prestige estate. The property features it's own rear direct access to the Gap Beach Road perfect for anyone who enjoys fishing, surfing and nature. The frontage to Palm Grove has a scenic rainforest gully flowing down from the nearby National Park perfect to relax and check out the local flora and fauna. The land has been tastefully cleared to showcase the north aspect and home sites on offer. There are only 14 properties who enjoy the address of this quiet leafy cul-de-sac. This is the final chance to build your choice of home in this much admired one hectare lot subdivision.

Property History for 45 Palm Gr, Arakoon, NSW 2431

A timeline of how this property has performed in the market
Last Sold
$400,000
10 Oct 2019
  • 10 Oct 2019
    Sold for $400,000
  • 26 Apr 2015
    Listed for Sale $398,000
  • 05 Mar 2002
    Sold for $160,000
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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 8 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.

Suburb Insights for Arakoon 2431

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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.