48-50 Gale St, Coramba is a 5 bedroom, 3 bathroom House with 1 parking spaces and was built in 1982. The property has a land size of 732m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
With the contractors now determined for the highway works to begin, this could be the best option for income in the days to come! Potentially having 6 bedrooms & 3 bathrooms, plus large living spaces, this is ideal for workers quarters.
A delightful surprise awaits the buyer who is looking for something out of the ordinary with some romantic old world charm & not wanting a modern 'cookie cutter' home.
This large family home is full of interesting period features, having been the Council Chambers & Bank for the area originally. The building is solid as a rock, with double brick rendered construction, hardwood timber & stone features & terracotta roof tiles. Previous owners have done a lovely job of marrying the old with the new, however there is so much more you can do to make this diamond sparkle.
Council Rates: $1,842.00 per annum
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:
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