OFF MARKET

73 Fairfield Road
Drake NSW 2469

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 581500m2
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Property Details for 73 Fairfield Rd, Drake

Building Type
Rural
Land Size
581500m2
Local Government
Tenterfield
Lot/Plan
73/DP1050458

Last Listing description (September 2023)

Situated at the end of a gravel country road is this 58.15ha (143acre) timbered, riverfront property.

The property has approximately 720m of Timbarra River frontage on its eastern boundary with the remaining land consisting of steep to slightly undulating ridges, which are covered with native flora including numerous species of hardwood timber.

The undulating ridges lead to cleared peak areas, which provide magnificent 360 degree views particularly to the north and east of the property.

The property possesses a dwelling opportunity and there are several cleared sites - ready for an off-grid home.

There are two dams on the property and the property is partly fenced on three sides.

4wd drive tracks provide access to nearly the entire property and the property is only 19km to Tabulam and 7.5km to Drake village.

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Property History for 73 Fairfield Rd, Drake, NSW 2469

A timeline of how this property has performed in the market
Last Sold
$400,000
18 Aug 2023
  • 18 Aug 2023
    Sold for $400,000
  • 27 Jun 2023
    Listed for Sale Not Disclosed
  • 02 Sep 2021
    Sold for $365,000
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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.