57 Palace StreetDenman NSW 2328
Property Details for 57 Palace St, Denman
Last Listing description (October 2020)
Situated in the heart of Denman only 100 metres walk to the Main Street this 2069sqm (approx. 1/2 acre) block is an ideal development site. Perfect for multiple dwellings with all services including power, water, phone and sewer available at the boundary. It's a very easy building site as the block is flat with 20 metre frontage to the street. With rentals in massive demand in the area now is the time to reap the benefits by building your own rental nest egg.
Property History for 57 Palace St, Denman, NSW 2328
- 09 Oct 2020Sold for $118,000
- 05 Jun 2018Listed for Sale $165,000
- 22 Nov 2003Sold for $44,000
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0About 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 1,065 properties. Over the last 5 years, Houses in Denman have seen a 69.60% increase in median value, while Units have seen a 69.87% increase. As at 31 October 2024:
- The median value for Houses in Denman is $506,672 while the median value for Units is $384,578.
- Houses have a median rent of $550 while Units have a median rent of $380.
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