OFF MARKET

38-40 Grenfell Street
Coraki NSW 2471

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 809m2
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Property Details for 38-40 Grenfell St, Coraki

Building Type
Land
Land Size
809m2
Local Government
Richmond Valley
Lot/Plan
8/DP7771

Last Listing description (December 2021)

Coraki is a small, historic town that was once an important river port at the junction of the Richmond and Wilson Rivers. Throughout the latter half of the nineteenth century the town became the most important river port on the Richmond River and in the district. Today it is a small and sleepy service centre bypassed by the Pacific Highway. Its primary appeal to the traveller lies in its timelessness. It is a reminder of how important river ports were before the arrival of trains and motor vehicles.
This Large residential block is ideal for someone trying to get into the market. Coraki is a great location being approx. halfway between Lismore and Evans Head and situated on the Richmond River. People who live in Coraki would not live anywhere else.
Be aware that this block does flood and the flood heights for Coraki are, 1:20 = 5.74m, 1:50= 6m and the 1:100= 6.2mtr. The block sits at 3.5m so any dwelling will need to build with a floor height of 6.9m (3.4m above ground level)

Property History for 38-40 Grenfell St, Coraki, NSW 2471

A timeline of how this property has performed in the market
Last Sold
$130,000
01 Dec 2021
  • 01 Dec 2021
    Sold for $130,000
  • 11 Aug 2021
    Listed for Sale $120,000
  • 13 May 2021
    Listed for Sale $110000
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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.
There are currently 12 properties listed for sale, and no properties listed for rent in Coraki on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Coraki.

Suburb Insights for Coraki 2471

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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.