OFF MARKET

1021E Long Gully Road
Drake NSW 2469

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 126m2
Land area: 404686m2
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Property Details for 1021e Long Gully Rd, Drake

Building Type
Land
Year Built
1990
Floor Size
126m2
Land Size
404686m2
Local Government
Tenterfield

Last Listing description (March 2023)

UNDER OFFER
* This property was once a resort style business in days gone by and had several cabins on it prior to the 2019 bush fires.
* Now the property has alot to offer, set on 41.69 ha or 103 acres, there is a balance of natural bush land, high on a mountain with a plateau at the top of around 15 acres where the homestead is located.

* The homestead has open plan living and is timber lined, basic kitchen, laundry and large adjioning workshop which could be converted to a bedroom quite easily.
* Impressive solar setup, great views and quite a few building materials are included in the price.
* There is a large adjioning carport and a smaller cabin further down the hill.
* Large slab near the main building, storage container and septic.
* 2 Small dams and an old quarry, ample water tanks with a 43 inch annual rainfall.
* The access is via an easment road which is quite steep and is suitable for 4wds only, although certain trucks can access the property.
* The property is not fenced, alot of the block is quite steep which allows awesome views towards the Rocky River mountains.
* The Rocky River is about 10 minutes drive and the Long Gully rd takes you through beautiful rainforest to the property.
* Drake is 11 kms and has a great pub, resource centre, cafe, mail, hall, school and weekend markets and community events.
* Tenterfield is 65kms and around 70 kms to Casino, Qld border in around 1 hour.

Property History for 1021e Long Gully Rd, Drake, NSW 2469

A timeline of how this property has performed in the market
  • 11 Feb 2023
    Listed for Sale $395,000
  • 14 Aug 2019
    Listed for Sale $465,000

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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.