OFF MARKET

8025 New England Highway
Glen Innes NSW 2370

Bedrooms: 6
Bathrooms: 4
Car spaces: -
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Property Details for 8025 New England Hwy, Glen Innes

8025 New England Hwy, Glen Innes is a 6 bedroom, 4 bathroom House.

Building Type
House
Local Government
Glen Innes Severn

Last Listing description (November 2021)

Whether you're an aspiring publican,brewery enthusiast,entrepreneur in the making or seeking a new family home,this investment opportunity presents like no other.With a variety of potential avenues,the Red Lion is the perfect space to kick start a booming social hub. Located in the rich New England area at Glencoe,just south of Glen Innes, offering easy access for local interests and a large tourist flow.The likes of a bustling resto-bar,contemporary BnB or local pub hotspot,the fundamentals of this income generating opportunity are already established.Features include 4 bedrooms all with ensuites,a large loft bedroom and another small loft bedroom with country views;2 large kitchen areas,cold rooms,2 bars with 3 large open rooms featuring open fireplaces plus a comprehensive list of inventory available.A walk-in-walkout price,a fantastic opportunity to generate income with a new relaxed lifestyle,more space,connect to the natural environment in a growing region with many tourist attractions,key livestock industries and a growing horticultural sector. The undoubtable modern lifestyle opportunity is at your fingertips.

Property History for 8025 New England Hwy, Glen Innes, NSW 2370

A timeline of how this property has performed in the market
  • 22 Mar 2021
    Listed for Sale Price Guide $680,000 - $730,000

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About Glen Innes 2370

The size of Glen Innes is approximately 198.3 square kilometres. It has 20 parks covering nearly 3.2% of total area. The population of Glen Innes in 2011 was 6,135 people. By 2016 the population was 6,146 showing a population growth of 0.2% in the area during that time. The predominant age group in Glen Innes is 60-69 years. Households in Glen Innes are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glen Innes work in a professional occupation. In 2011, 67.6% of the homes in Glen Innes were owner-occupied compared with 65.3% in 2016.

Glen Innes has 3,830 properties. Over the last 5 years, Houses in Glen Innes have seen a 86.80% increase in median value, while Units have seen a 43.00% increase. As at 31 October 2024:

  • The median value for Houses in Glen Innes is $349,454 while the median value for Units is $274,211.
  • Houses have a median rent of $360 while Units have a median rent of $263.
There are currently 75 properties listed for sale, and 6 properties listed for rent in Glen innes on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Glen innes.

Suburb Insights for Glen Innes 2370

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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.