OFF MARKET

40 Palace Street
Denman NSW 2328

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Floor area: 202m2
Land area: 1931m2
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Property Details for 40 Palace St, Denman

40 Palace St, Denman is a 5 bedroom, 2 bathroom House with 3 parking spaces and was built in 1955. The property has a land size of 1931m2 and floor size of 202m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
House
Year Built
1955
Floor Size
202m2
Land Size
1931m2
Local Government
Muswellbrook
Lot/Plan
333/DP611202

Last Listing description (February 2024)

This fantastic 5 bedroom home sits on a huge 1931sqm flat block of land backing onto the Nature Reserve in Denman. The property includes a huge shed and an inground Pool, perfect for a large family. The kitchen is in good condition with breakfast bar and dishwasher plus attached dining area. There is a carpeted loungeroom with split system A/C, combustion fire and a sliding door to the covered front verandah. The 4 kids bedrooms are all a good size and have built in robes, the main bedroom has a split system A/C, built in robes and modern ensuite. There are fans and roller shutters to most rooms. The main bathroom has shower, bath, vanity and a separate toilet. There is a huge tiled rumpus room with built in bar, split system A/C and sliding doors to the covered outdoor area which flows to the inground pool. In the yard you will find a heritage look garden shed, 5000gal water tank attached to the house and a gate to the Reserve behind. The home has a single lock up garage which has previously been used as a home business. There is a Solar System to save on Electricity. Currently tenanted at $570pw till April 2024.

Property History for 40 Palace St, Denman, NSW 2328

A timeline of how this property has performed in the market
Last Sold
12 Aug 2016
  • 17 Jan 2024
    Listed for Sale $630,000
  • 14 Dec 2022
    Sold
  • 12 Aug 2016
    Sold
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About Denman 2328

The size of Denman is approximately 116.7 square kilometres. It has 3 parks covering nearly 1.1% of total area. The population of Denman in 2011 was 1,800 people. By 2016 the population was 1,798 showing a population decline of 0.1% in the area during that time. The predominant age group in Denman is 10-19 years. Households in Denman are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Denman work in a machinery operators and drivers occupation. In 2011, 67.5% of the homes in Denman were owner-occupied compared with 67.9% in 2016.

Denman has 1,068 properties. Over the last 5 years, Houses in Denman have seen a 76.05% increase in median value, while Units have seen a 39.67% increase. As at 31 July 2024:

  • The median value for Houses in Denman is $502,206 while the median value for Units is $370,815.
  • Houses have a median rent of $460 while Units have a median rent of $385.
There are currently 16 properties listed for sale, and 4 properties listed for rent in Denman on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Denman.

Suburb Insights for Denman 2328

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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.