SOLD
Sold on 24 Jan 2024 for $650,000

5 Herborne Avenue
East Kempsey NSW 2440

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 679m2
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Property Details for 5 Herborne Ave, East Kempsey

5 Herborne Ave, East Kempsey is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 679m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom House sold in East Kempsey in the last 12 months.

Building Type
House
Land Size
679m2
Local Government
Kempsey
Lot/Plan
2/DP321690

Last Listing description (February 2017)

Location, location, location and lifestyle, lifestyle, lifestyle. This is one for the investor and the home owners who understand the worth of location and lifestyle.
Investors: this is a sound and solid double brick property offering low maintenance and two long-term tenants who would love to stay forever.
Home Owners: Ladies and gentleman of the Macleay Valley if you desire to downsize your home and want to live in one of the best locations our valley has to offer.

Location, location, location: set privately and perfectly level in a little unknown lane in highly sought after East Kempsey and only a 300m stroll to the Kempsey town centre. And yes, it's flood-free too!
Description: a 677sqm block with (two) 2 bedroom, 1 bathroom, 1 garage units in great condition. Open plan living, built-in robes, recently re-pointed/re-painted tiled roof.
Quality: well, you can't get better than double brick. 'These really are good units, it's a good build'.
Potential: definitely have easy strata potential if you want to go down that path. Or, would suit keeping as torrens title and living in one while renting the other out. Or, perhaps two friends buying together.
Rental Potential: each unit would easily rent for $250/wk (current tenants are paying less but have been there in excess of ten years and the owners is ok with current arrangement).
'Property of this type is highly sort almost never found. Some people just don't want a big home, some don't want to drive, everyone would love the location'.
This is prime Kempsey Real Estate. Rare and wonderful. Call us any day, anytime to organise your inspection

Property History for 5 Herborne Ave, East Kempsey, NSW 2440

A timeline of how this property has performed in the market
Last Sold
$650,000
24 Jan 2024
  • 24 Jan 2024
    Sold for $650,000
  • 29 Mar 2016
    Sold for $415,000
  • 09 Oct 2015
    Listed for Sale $425,000
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About East Kempsey 2440

The size of East Kempsey is approximately 3.7 square kilometres. It has 2 parks covering nearly 0.5% of total area. The population of East Kempsey in 2011 was 1,319 people. By 2016 the population was 1,356 showing a population growth of 2.8% in the area during that time. The predominant age group in East Kempsey is 0-9 years. Households in East Kempsey are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in East Kempsey work in a labourer occupation. In 2011, 62.7% of the homes in East Kempsey were owner-occupied compared with 60.6% in 2016.

East Kempsey has 723 properties. Over the last 5 years, Houses in East Kempsey have seen a 61.75% increase in median value, while Units have seen a 39.82% increase. As at 31 October 2024:

  • The median value for Houses in East Kempsey is $452,060 while the median value for Units is $346,543.
  • Houses have a median rent of $485 while Units have a median rent of $345.
There are currently 11 properties listed for sale, and 1 property listed for rent in East kempsey on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in East kempsey.

Suburb Insights for East Kempsey 2440

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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.