OFF MARKET

1 Fairfield Street
Drake NSW 2469

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6083m2
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Property Details for 1 Fairfield St, Drake

Building Type
Rural
Land Size
6083m2
Local Government
Tenterfield
Lot/Plan
18/63/DP758359

Last Listing description (April 2024)

* Set centrally to Drake village just on the outskirts, this fantastic opportunity for a perpetual grazing lease can also be utilized for lifestyle opportunities such as a family or group getaway and other farming genres, grow veggies, fruit trees etc.
* With a large area fronting Fairfield Creek on one side of the road with grazing areas, other side grazing and 3 good sized dams, small shelter for cattle, sheep or goats, right of carriageway access on White Rock Rd.
* Backs onto State forests and the actual property has a good balance of forested areas.

* Drake village is 50 kms from Tenterfield on fully sealed roads / Bruxner Highway, around 1.5 hours to the Qld Border.

* PLEASE NOTE - BANK FINANCE CAN NOT BE OBTAINED ON LEASEHOLD TITLED PROPERTIES, PERPETUAL MEANS FOREVER - IN PERPETUITY, SO THEREFORE THERE IS NO TIME FRAME.
THIS PROPERTY HAS NO DWELLING ENTITLEMENT.

* Agent discloses bush fires in 2019.

All information contained herein by Amanda Johnson Realty is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 1 Fairfield St, Drake, NSW 2469

A timeline of how this property has performed in the market
Last Sold
$75,000
11 Sep 2013
  • 20 Apr 2024
    Listed for Sale $135,000
  • 04 Mar 2021
    Listed for Sale $38,000
  • 19 Jul 2017
    Listed for Sale $75,000
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About Drake 2469

The size of Drake is approximately 282.7 square kilometres. It has 3 parks covering nearly 18.8% of total area. The population of Drake in 2011 was 397 people. By 2016 the population was 338 showing a population decline of 14.9% in the area during that time. The predominant age group in Drake is 50-59 years. Households in Drake are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Drake work in a labourer occupation. In 2011, 83.7% of the homes in Drake were owner-occupied compared with 85.8% in 2016.

Drake has 299 properties. Over the last 5 years, Houses in Drake have seen a 47.89% increase in median value. As at 30 November 2024:

  • The median value for Houses in Drake is $405,528.
There are currently 8 properties listed for sale, and no properties listed for rent in Drake on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Drake.

Suburb Insights for Drake 2469

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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.