OFF MARKET

111 Pacific Street
Corindi Beach NSW 2456

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 556m2
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Last updated 11 Nov 2024
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Property Details for 111 Pacific St, Corindi Beach

111 Pacific St, Corindi Beach is a 1 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 556m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in March 2019.

Building Type
House
Year Built
1960
Floor Size
51m2
Land Size
556m2
Local Government
Coffs Harbour
Lot/Plan
35/DP233850

Last Listing description (March 2019)

Properties under $350,000 are few and far between in this current market.
Pacific Street is a name that is synonymous with Corindi Beach. Occupying a good sized 539m2 block, here lies your opportunity to invest and develop all within walking distance to Corindi's cafes, shops and post office and only about 400 metres to the surf.
Very much a project, but no doubt full of rewards, this hardwood timber weatherboard house was built before I even learn't to walk but whether you are a do-it-yourself handyman, a builder or renovator, this house can be taken to a level where your budget is comfortable.

The existing home whilst requiring some love, offers one bedrooms with a country style back yard big enough to house plenty of toys and trampolines but is not that big that you need to spend all week-end mowing. A rear deck overlooking the rear of the property.
Always rented over many years there is a big demand for this affordable type of rental.
Not many features to mention but note a similar price to just vacant land if you can find a block this close to the beach.
But the big point of difference is receive a rental return to pay your mortgage until you are ready to move ahead with any long term plans or aims in life.
A great opportunity to purchase your first investment property or add another to your existing portfolio.
You can put the car away and walk everywhere here so this location will always be popular.
For years Corindi Beach has been a hidden gem on the North Coast, but now its village charm has been discovered and is developing into one of the most popular coastal towns in the area.
Don't delay, opportunities like this don't come along often.

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Property History for 111 Pacific St, Corindi Beach, NSW 2456

A timeline of how this property has performed in the market
Last Sold
$295,000
22 Mar 2019
  • 22 Mar 2019
    Sold for $295,000
  • 12 Feb 2019
    Listed for Sale $330,000

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About Corindi Beach 2456

The size of Corindi Beach is approximately 24.3 square kilometres. It has 3 parks covering nearly 14.5% of total area. The population of Corindi Beach in 2011 was 1,453 people. By 2016 the population was 1,680 showing a population growth of 15.6% in the area during that time. The predominant age group in Corindi Beach is 0-9 years. Households in Corindi Beach are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Corindi Beach work in a trades occupation. In 2011, 68.1% of the homes in Corindi Beach were owner-occupied compared with 69.3% in 2016.

Corindi Beach has 846 properties. Over the last 5 years, Houses in Corindi Beach have seen a 63.15% increase in median value, while Units have seen a -44.05% decrease. As at 31 October 2024:

  • The median value for Houses in Corindi Beach is $895,678 while the median value for Units is $232,280.
  • Houses have a median rent of $675.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Corindi beach on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Corindi beach.

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