OFF MARKET

1/10 Yabsley Street
Coraki NSW 2471

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 73m2
Land area: 602m2
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Property Details for 1/10 Yabsley St, Coraki

1/10 Yabsley St, Coraki is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1985. The property has a land size of 602m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
Unit
Year Built
1985
Floor Size
73m2
Land Size
602m2
Local Government
Richmond Valley
Lot/Plan
1/SP22761

Last Listing description (September 2020)

Calling all first home buyers or smart investors. Just listed is this amazing opportunity to buy a duplex development, situated on a quiet location in Coraki.

Duplex 1 is a three bedroom duplex and is in original condition. It has three bedrooms, living and dining rooms, kitchen, bathroom and laundry plus a single lock up garage. It has a current rental income of $270 per week.


Duplex 2 is a two bedroom duplex that has been freshly painted and compromises of two bedrooms, living room/ dining area, a well set out kitchen, bathroom, laundry, and a single lock up garage.

Both the duplexes have good sized yards that are fully fenced.

The interstate owner has owned these properties for a long time and is cashing in to fund his retirement. This makes for a great buy for those looking to build their superannuation fund or provide a better income than the banks. There is room to improve on the properties and build on their current value.

Both properties are available for purchase and currently have a combined rental return of $550 per week.

This is a serious seller. Duplex 2 is currently vacant, but there is an opportunity to have vacant occupancy on both duplexes. This property will show excellent rental returns, providing an excellent opportunity for the astute investor.

Call exclusive agent Melanie Stewart on 0421 560 936 for more information.

Property Code: 1233

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Property History for 1/10 Yabsley St, Coraki, NSW 2471

A timeline of how this property has performed in the market
Last Sold
$335,000
21 Aug 2020
  • 21 Aug 2020
    Sold for $335,000
  • 16 Mar 2020
    Listed for Sale $330,000 - $350,000
  • 05 Nov 2002
    Sold for $96,000

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About Coraki 2471

The size of Coraki is approximately 28.1 square kilometres. It has 2 parks covering nearly 2.3% of total area. The population of Coraki in 2011 was 1,477 people. By 2016 the population was 1,286 showing a population decline of 12.9% in the area during that time. The predominant age group in Coraki is 10-19 years. Households in Coraki are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coraki work in a labourer occupation. In 2011, 71.8% of the homes in Coraki were owner-occupied compared with 71.3% in 2016.

Coraki has 706 properties. Over the last 5 years, Houses in Coraki have seen a 56.55% increase in median value, while Units have seen a 51.99% increase. As at 31 October 2024:

  • The median value for Houses in Coraki is $446,698 while the median value for Units is $374,091.
  • Houses have a median rent of $465.
There are currently 12 properties listed for sale, and no properties listed for rent in Coraki on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Coraki.

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