OFF MARKET

416 Sugarbag Road W
Drake NSW 2469

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 146m2
Land area: 206200m2
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Property Details for 416 Sugarbag Rd W, Drake

Building Type
Commercial
Year Built
1990
Floor Size
146m2
Land Size
206200m2
Local Government
Tenterfield
Lot/Plan
112/DP871449

Last Listing description (October 2024)

Discover the ultimate retreat with this private and secluded 50-acre bush block with stunning views, featuring a charming dwelling and a separate studio with wildlife galore. Property highlights include:

- 2-bedroom double story home with a spacious detached 5x5m studio.
- Upstairs consists of a large bedroom leading to a balcony with a view.

- Off-grid living with reliable solar power and a backup generator.
- Gas hot water system, gas stove & oven along with a second wood stove in the kitchen, and wood heater in the lounge for cozy comfort.
- Bathroom designed as a wet room.
- Open-plan living area that seamlessly blends with the kitchen and dining area.
- Abundant fruit trees and raised garden beds.
- NBN connection for modern conveniences.
- Multiple sheds, including a machinery shed and garden sheds.
- Three dams and the picturesque Plumbago Creek at the boundary, famous for gold, sapphire, and ruby fossicking.
- Stunning views from the home.
- All council approved.

This property offers a unique opportunity to embrace sustainable living in a serene natural setting. Contact Kate Morgan today to arrange an inspection on 0408 418 886.

Property History for 416 Sugarbag Rd W, Drake, NSW 2469

A timeline of how this property has performed in the market
Last Sold
$315,000
05 Jun 2018
  • 05 Sep 2024
    Listed for Sale $550,000
  • 05 Jun 2018
    Sold for $315,000
  • 16 Jan 2018
    Listed for Sale $360,000
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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.