SOLD
Sold on 12 Jul 2024 for $2,500,000

386 George Downes Drive
Central Mangrove NSW 2250

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Land area: 132650m2
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McGrath Gosford (F)
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Property Details for 386 George Downes Dr, Central Mangrove

Building Type
Rural
Year Built
1900
Land Size
132650m2
Local Government
Central Coast
Lot/Plan
101/DP1197750

Last Listing description (October 2024)

An ideal opportunity presented to all horse enthusiasts with 33 acres (13.265ha) of quality grassed paddocks coupled with a large four bedroom homestead. Currently setup to cater for 10 horses with further possibilities to add additional paddocks.
- Large four bedroom home with timber floors; semi wrap verandah
- Open plan living with large kitchen and island bench

- Enormous living space with lounge and dining combined
- All four bedrooms are oversized; two generous bathrooms
- 10 grassed fenced paddocks with water and shelter to each paddock
- Sand arena; three dams, three water tanks and ample shedding
- Picturesque rural views over the valley; in-ground pool
- Ideally suited to horse loving family; agistment or pre-training opportunities
- Centrally located between Sydney and Newcastle; 10 minutes to M1 motorway
- One hour to Sydney and Newcastle; 20 minutes to major shopping facilities

KEY DETAILS:
Council Rates $3,698pa
Water Rates $139pa

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Property History for 386 George Downes Dr, Central Mangrove, NSW 2250

A timeline of how this property has performed in the market
Last Sold
$2,500,000
12 Jul 2024
  • 12 Jul 2024
    Sold for $2,500,000
  • 14 Nov 2023
    Listed for Sale $2,500,000
  • 15 Feb 2019
    Sold
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About Central Mangrove 2250

The size of Central Mangrove is approximately 23.1 square kilometres. It has 6 parks covering nearly 85.9% of total area. The population of Central Mangrove in 2011 was 286 people. By 2016 the population was 266 showing a population decline of 7.0% in the area during that time. The predominant age group in Central Mangrove is 50-59 years. Households in Central Mangrove are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Central Mangrove work in a managers occupation. In 2011, 73.5% of the homes in Central Mangrove were owner-occupied compared with 77.5% in 2016..

Central Mangrove has 110 properties. Over the last 5 years, Houses in Central Mangrove have seen a 22.88% increase in median value. As at 31 October 2024:

  • The median value for Houses in Central Mangrove is $1,755,890 while the median value for Units is $511,490.
There are currently 1 property listed for sale, and no properties listed for rent in Central mangrove on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Central mangrove.

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