SOLD
Sold on 05 Aug 2024 for $120,000

245 Cheviot Hills Road
Drake NSW 2469

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 163000m2
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Amanda Johnson Realty
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Property Details for 245 Cheviot Hills Rd, Drake

Building Type
Rural
Land Size
163000m2
Local Government
Tenterfield
Lot/Plan
1/DP777024

Last Listing description (August 2024)

UNDER OFFER
* This property has been untouched for many years and is on close proximity to Drake village, has a mild undulation mainly so its quite usable, under 3 kms to the village.
* 16.35 ha or just over 40 acres.

* The ex mining block has mining leases in place which will take some time to remove , therefore the property is being sold with the leases on title, the mining company has no interest in further mining on this property or in the area.
* There are some good stands of timber on the property, it is quite overgrown and requires tlc, there is some fencing in place.
* Dam at the back of the block, Sawpit creek is metres from the boundary as is the National Park which is behind the block and covers a large area.
* 55 kms to Tenterfield and 75 to Casino, small amount of dirt road to the village.
* Village has great pub, weekend markets, resource centre and short drive to rainforested State Forest, Rocky and Cataract rivers, perfect for fishing and gold panning.
* Agent discloses property is an ex gold mining block, bush fires in 2019.

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Property History for 245 Cheviot Hills Rd, Drake, NSW 2469

A timeline of how this property has performed in the market
Last Sold
$120,000
05 Aug 2024
  • 05 Aug 2024
    Sold for $120,000
  • 04 Jul 2024
    Listed for Sale Not Disclosed
  • 01 Feb 2024
    Listed for Sale Not Disclosed
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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.

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