OFF MARKET

281 East Bank Road
Coramba NSW 2450

Bedrooms: 3
Bathrooms: 1
Car spaces: 7
Floor area: 148m2
Land area: 159000m2
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Property Details for 281 East Bank Rd, Coramba

281 East Bank Rd, Coramba is a 3 bedroom, 1 bathroom House with 7 parking spaces and was built in 1940. The property has a land size of 159000m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1940
Floor Size
148m2
Land Size
159000m2
Local Government
Coffs Harbour
Lot/Plan
12/DP735715

Last Listing description (March 2021)

This amazing property offers an idyllic lifestyle opportunity with spectacular 360-degree hinterland views. The 40 acres of mostly cleared land provides opportunities for the horse enthusiast, running cattle or even farming. Set proudly in a commanding hilltop position all within a 5-minute drive to Coramba Village and approximately 20 minutes to Coffs Harbour with all its amenities. Some of the many features of this unique property include.

A beautifully restored 3-bedroom homestead with deep shady wrap around verandahs and picturesque rural vistas from almost every room
Fully appointed bathroom with bath, shower and w/c. additional w/c in the oversized laundry

Stunning kitchen with generous granite bench tops, electric cooking appliances and pantry
Polished hardwood flooring throughout all living areas, air conditioning and multiple ceiling fans
Combustion wood heater plus open fireplace in lounge area
Wide north facing decks with inspiring views over lush river flats and valleys
3 X 5,000-gallon water tanks, two expansive 7.5 x 12m steel sheds on slab and fully powered
Approximately 40 acres of mostly cleared, slightly undulating land with dam
Round yard which needs a bit of work and single stable with room for expansion
Landscaped gardens and home-grown vegetables. Plus, much more

Properties of this quality rarely last long on the market. The owner is very keen to find a new owner for his much-loved home and has asked that anyone who has interest to please provide an offer by way of Expressions of Interest by no later than 5pm on the 8th February 2021.

Please call today for an early viewing.

Land size: 16ha (approx) - Rates: $2,579pa (approx)

Property History for 281 East Bank Rd, Coramba, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$1,200,000
16 Feb 2021
Listed for Rent
$450/w
20 Aug 2016
  • 16 Feb 2021
    Sold for $1,200,000
  • 21 Jan 2021
    Listed for Sale Expressions of Interest closing 5pm 8/2/2021
  • 25 Jun 2020
    Listed for Sale $885,000
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About Coramba 2450

The size of Coramba is approximately 53.9 square kilometres. It has 4 parks covering nearly 48.3% of total area. The population of Coramba in 2011 was 768 people. By 2016 the population was 804 showing a population growth of 4.7% in the area during that time. The predominant age group in Coramba is 50-59 years. Households in Coramba are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Coramba work in a professional occupation. In 2011, 82.7% of the homes in Coramba were owner-occupied compared with 85.5% in 2016.

Coramba has 371 properties. Over the last 5 years, Houses in Coramba have seen a 85.35% increase in median value, while Units have seen a 121.91% increase. As at 30 September 2024:

  • The median value for Houses in Coramba is $818,102 while the median value for Units is $575,063.
  • Houses have a median rent of $370.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Coramba on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Coramba.

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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.