390 East Bank RoadCoramba NSW 2450
Property Details for 390 East Bank Rd, Coramba
Last Listing description (May 2019)
What a great location! Situated within five kilometres from Coramba village and an easy 20 minute drive to Coffs Harbour, this large rural holding is a pleasure to offer for sale. Comprising about 40 acres of improved pasture from creek flats to gently undulating hills plus approximately 60 acres of fenced forest with harvest worthy stands of fine timber.
The property is fully fenced and sectioned into manageable paddocks with water supplied from a number of dams and a crystal clear creek that meanders through the lower flats. There is an elevated building site with superb views to the mountains. Shedding consists of a Colorbond shed 18m x 9m with slab floor and double roller doors and water tank. An open plan 3 bay shed provides additional feed store space and animal shelter.
Privately located and set back from the road is a comfortable converted shed with tiled floor, full kitchen and laundry, three bedrooms and two fully renovated bathrooms, RC/AC and combustion wood fire in the open plan living area. Currently not council approved as dwelling.
Call David now on 0407 211 391 to arrange an inspection.
Disclaimer: Agent does not guarantee accuracy of the information. Purchasers need to make their own independent enquiries.
Property History for 390 East Bank Rd, Coramba, NSW 2450
- 08 May 2019Sold for $780,000
- 18 Mar 2019Listed for Sale $849,000
- 15 Jun 2017Sold for $710,000
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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 73.51% increase in median value, while Units have seen a 121.91% increase. As at 31 October 2024:
- The median value for Houses in Coramba is $801,880 while the median value for Units is $537,280.
- Houses have a median rent of $370.
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