1/22 Church LaneCoraki NSW 2471
Property Details for 1/22 Church Lane, Coraki
1/22 Church Lane, Coraki is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 500m2.
Last Listing description (January 2024)
This duplex pair in Coraki represent great value and return on investment. Currently leased at $640 per week gross rental return. Both tenants wish to remain in place. Both units are in good condition. There is scope in the future to strata these units off (STCA). Both are separately metered for water and electricity. Yes, Coraki was adversely affected by the recent unprecedented flooding. The water come onto the property but did not enter either unit. This holds this in great stead as some are calling this a 1 in 500-year weather event.These units are nestled in a quiet laneway with hardly any through traffic and have always been fully leased and sort after when available.Ideal for your self-managed super fund or to add to your investment portfolio.Please call for further information.
Property History for 1/22 Church Lane, Coraki, NSW 2471
- 05 May 2022Listed for Sale $560,000.00
- 28 Sep 2020Listed for Rent - Price not available
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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 707 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.
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