5/476 Long Gully RoadDrake NSW 2469
Property Details for 5/476 Long Gully Rd, Drake
Last Listing description (June 2024)
* Set on 42.26 ha or just over 104 acres, the property has beautiful gullys, pockets of rainforest and a high set area at the front with a great house sites. ( subject to submitting a DA )
* Tea Tree creek meanders through the side of the property as does a fork of springs, creek having around 1.4 kms of frontage.
* There is good tall stands of natural hardwoods throughout with a future nestegg once they reach millable size, the property has an abundance of wildlife as it is in close proximity to the rain forested National Park.
* A 10 minute drive to gold pan or swim at Macleods Creek or in the beautiful mighty Rocky River.
* This area is fully off grid, starlink and nbn are available to install in the area, to enjoy phone reception and internet.
* The property has been owned but untouched by the current owner for many years, and is reluctantly being sold.
* This property has a superb position and is less than 5 kms from the highway and in close proximity to the village of Drake , yet quite private and frontage to a sealed road.
* Agent discloses bush fires in 2019.
Property History for 5/476 Long Gully Rd, Drake, NSW 2469
- 03 Jun 2024Sold for $325,000
- 27 Mar 2024Listed for Sale $350,000
- 19 Sep 2023Listed for Sale $385,000
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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 296 properties. Over the last 5 years, Houses in Drake have seen a 55.34% increase in median value. As at 31 October 2024:
- The median value for Houses in Drake is $421,477.
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