OFF MARKET

Gap Beach Road
Arakoon NSW 2431

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 10250m2
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Property Details for Lot 5 Gap Beach Rd, Arakoon

Building Type
Land
Land Size
10250m2
Local Government
Kempsey
Lot/Plan
5/DP806828

Last Listing description (September 2018)

Here is a block of land that is still how mother nature intended it to be. One hectare in size located in the Gap Beach area, building entitlement, road frontage, magnificent trees, palms and shrubery this is as natural as they get. Have the opportunity to hear the waves break on gap beach.

Property History for Lot 5 Gap Beach Rd, Arakoon, NSW 2431

A timeline of how this property has performed in the market
Last Sold
$1
01 Feb 2021
  • 01 Feb 2021
    Sold for $1
  • 27 Feb 2018
    Sold for $275,000
  • 17 Apr 2015
    Listed for Sale $297,000
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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.