OFF MARKET

31 Belmore Street
Crescent Head NSW 2440

Bedrooms: 5
Bathrooms: 4
Car spaces: 1
Land area: 613m2
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Property Details for 31 Belmore St, Crescent Head

31 Belmore St, Crescent Head is a 5 bedroom, 4 bathroom Unit with 1 parking spaces. The property has a land size of 613m2. While the property is not currently for sale or for rent, it was last sold in August 1995.

Building Type
Unit
Land Size
613m2
Local Government
Kempsey
Lot/Plan
330/DP754441

Last Listing description (September 2016)

A magically positioned block of 3 units plus managers residence located right on the waterfront in the sleepy surfing mecca of Crescent Head. It's the perfect 'home and income' or the perfect 'investment property with side benefits' - you and the family can take a break in any unit any time there is a vacancy (if ever there is a vacancy).
Current situation: owner lives in one and rents out the others on a 'predominantly' medium to long term basis sometimes dotted with short term stays. 'It's a cash cow situation for an old retired surfie!nSo what's here?
- A beautiful level, waterfront block of 613sqm only a 20m skip over Killick Creek Reserve to the water.

- Council Approved as 3 units: 2x1BR units plus the 2-storey 3BR unit.
- This 2-storey unit provides separate self-contained managers residence: 2BR self-contained upstairs/1BR self-contained downstairs.
- The 2-storey unit fronts the water and boasts spectacular estuary views from upstairs and downstairs.
- 1 garage.
- Off street parking for 5 cars.
- Easy drive-through access.
- Hardwood and brick structure in excellent condition.
- Furniture and fittings/walk-in-walk-out.
- Income from day one.
- The units have been returning between $300-$350/wk on a long term basis.
- And there is definitely room to increase returns with either a little refurbishing or altering the long-term to perhaps more holiday style.
'Your options are plenty - one thing is for sure the location is ideal - walk out your door and be on your paddle board among the dolphins and pelicans in less than 1 minute. Catch mud crabs and Flathead straight out the back. Paddle to the famous right hand surf break and eat a banana on the way! You had better believe it!nThis can be your home and income, your paradise and pocket-lining - with several ways to utilise and capitalise.
It's perfect for the travelling nomad who needs a base, an income and future potential. You might not travel too far when you take in the vista though - it is like a private nature paradise. You could sit out there and watch the tide come in and out and never get bored - the birdlife, the water life, the bushland and native fauna. It's a dream.
The village centre is a level 5 minute walk away, easy access to some great cafes, pub, club, restaurants and boutique shops.
This has to be one of the best sea change opportunities to come up in Crescent Head for a long time. Can't wait to show you! Call any day, anytime.

Property History for 31 Belmore St, Crescent Head, NSW 2440

A timeline of how this property has performed in the market
Last Sold
$150,000
30 Aug 1995
Listed for Rent
$300/w
24 Feb 2016
  • 29 Aug 2024
    Sold
  • 15 Dec 2017
    Sold
  • 11 Aug 2016
    Listed for Sale $795,000
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About Crescent Head 2440

The size of Crescent Head is approximately 182.8 square kilometres. It has 10 parks covering nearly 45% of total area. The population of Crescent Head in 2011 was 1,586 people. By 2016 the population was 1,532 showing a population decline of 3.4% in the area during that time. The predominant age group in Crescent Head is 60-69 years. Households in Crescent Head are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Crescent Head work in a professional occupation. In 2011, 70% of the homes in Crescent Head were owner-occupied compared with 66.4% in 2016.

Crescent Head has 1,272 properties. Over the last 5 years, Houses in Crescent Head have seen a 81.61% increase in median value, while Units have seen a 65.42% increase. As at 31 October 2024:

  • The median value for Houses in Crescent Head is $896,533 while the median value for Units is $590,140.
  • Houses have a median rent of $600 while Units have a median rent of $410.
There are currently 14 properties listed for sale, and no properties listed for rent in Crescent head on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Crescent head.

Suburb Insights for Crescent Head 2440

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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.