OFF MARKET

89 Tweed Coast Road
Bogangar NSW 2488

Bedrooms: 6
Bathrooms: 3
Car spaces: 6
Land area: 651m2
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Property Details for 89 Tweed Coast Rd, Bogangar

89 Tweed Coast Rd, Bogangar is a 6 bedroom, 3 bathroom House with 6 parking spaces and was built in 1981. The property has a land size of 651m2.

Building Type
House
Year Built
1981
Land Size
651m2
Local Government
Tweed
Lot/Plan
CP/SP18102

Last Listing description (October 2024)

Positioned in one of the Tweed Coast's most sought-after locations, this rare investment opportunity is just across from the stunning Cabarita Beach Headland. Featuring three income-bearing apartments on a 651m blue-chip parcel with medium density zoning, offers a prime opportunity for investors or developers. Enjoy a short walk to Norries Cove, Cabarita Beach, and the vibrant local cafes and shops. With proven growth and rental yield, this is a standout chance to secure a premium beachside investment in an tightly held lifestyle location.

Three coastal-style two-bedroom apartments generating healthy rental income
Unit one: Spacious open-plan living and dining area, covered porch, two bedrooms with built-ins, central kitchen and bathroom

Unit two: Covered deck, high-raked ceilings, two bedrooms, private outdoor shower, fully fenced yard, ample storage
Unit three: Alfresco terrace, modern bathroom, charming loft, two bedrooms, separate fully fenced pet-friendly backyard
Parking for 6 vehicles plus extra driveway parking
Medium density zoning offers extraordinary scope to redevelop STCA
Easy access to surf breaks and family-friendly patrolled beaches
Walk to the local shopping centre or Bogangar Public School
22 minutes to the Gold Coast International Airport or 37 minutes to Byron Bay
10 minutes to the new state-of-the-art Tweed Valley Hospital

Contact Justin Schmith +61422051505

Property History for 89 Tweed Coast Rd, Bogangar, NSW 2488

A timeline of how this property has performed in the market
Listed for Rent
$520/w
12 Jan 2023
  • 19 Apr 2024
    Listed for Sale $3,700,000
  • 12 Jan 2023
    Listed for Rent $520 / week
  • 28 Oct 2021
    Listed for Rent $520 / week
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About Bogangar 2488

The size of Bogangar is approximately 6.8 square kilometres. It has 3 parks covering nearly 56.9% of total area. The population of Bogangar in 2011 was 3,099 people. By 2016 the population was 3,072 showing a population decline of 0.9% in the area during that time. The predominant age group in Bogangar is 50-59 years. Households in Bogangar are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bogangar work in a professional occupation. In 2011, 58.6% of the homes in Bogangar were owner-occupied compared with 64.2% in 2016.

Bogangar has 1,789 properties. Over the last 5 years, Houses in Bogangar have seen a 89.93% increase in median value, while Units have seen a 69.52% increase. As at 30 September 2024:

  • The median value for Houses in Bogangar is $1,306,921 while the median value for Units is $811,282.
  • Houses have a median rent of $850 while Units have a median rent of $700.
There are currently 22 properties listed for sale, and 5 properties listed for rent in Bogangar on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Bogangar.

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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.