79 Rakow StreetBroken Hill NSW 2880
Property Details for 79 Rakow St, Broken Hill
Last Listing description (July 2024)
Combined Auction (Will not separate) 79 Rakow St (Vacant Land, approx 3,794sqm) and 70 Newton Lane (Office Building, land approx 958sqm) -
- A combined 4,752 sqm allotments (approx), freehold titles.
- Street frontage to Rakow St and Newton Lane.
- No power/ water to 79 Rakow St (Vacant Land)
- Council rates approx $8,632.00 PA
The land is zoned IN2 Light Industrial
The purchaser will have first right to purchase the block behind the brick shed that faces Rakow St - 836 sqm approx - (Private Treaty Sale Only, GST will apply to this title)
Pls seek independent legal advice pertaining to the auction contracts and seek independent advice on power and water for 79 Rakow St - The property will be sold in its present condition, there will be rubbish left onsite on settlement and most goods left onsite are owned by previous clients.
Price Range $400,000 - $440,000
Property History for 79 Rakow St, Broken Hill, NSW 2880
- 22 May 2024Sold for $450,000
- 11 Mar 2024Listed for Sale UNDER CONTRACT
- 01 Jun 2023Sold
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0About Broken Hill 2880
The size of Broken Hill is approximately 13,004.9 square kilometres. It has 43 parks covering nearly 2.2% of total area. The population of Broken Hill in 2011 was 18,776 people. By 2016 the population was 17,837 showing a population decline of 5.0% in the area during that time. The predominant age group in Broken Hill is 50-59 years. Households in Broken Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Broken Hill work in a professional occupation. In 2011, 74.2% of the homes in Broken Hill were owner-occupied compared with 71.9% in 2016.
Broken Hill has 11,265 properties. Over the last 5 years, Houses in Broken Hill have seen a 88.95% increase in median value, while Units have seen a 79.05% increase. As at 31 October 2024:
- The median value for Houses in Broken Hill is $182,283 while the median value for Units is $160,380.
- Houses have a median rent of $340 while Units have a median rent of $220.
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