OFF MARKET

1/5 Graeme Avenue
Goonellabah NSW 2480

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 828m2
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Property Details for 1/5 Graeme Ave, Goonellabah

1/5 Graeme Ave, Goonellabah is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 828m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Year Built
1980
Floor Size
87m2
Land Size
828m2
Local Government
Lismore
Lot/Plan
1/SP86386

Last Listing description (April 2021)

Conveniently located just a short distance from the Goonellabah shops and schools is this solid unit that makes an ideal rental investment. It features two good-sized bedrooms, spacious lounge room, original kitchen with an adjoining utility room, and bathroom with a separate bathtub, shower and toilet. The interior of the property is dated, but very well-maintained by the excellent tenant, who is currently on a fixed term lease paying $320 per week. There's also a sunny back deck for relaxing outdoors, as well as a single lock up garage. This low-maintenance unit is one of just two in the complex, (no Body Corporate fees).

If you've been looking to add to your property portfolio, this unit offers a low-maintenance investment at an attractive price point, with the perfect tenant already in place. To arrange your private viewing, please contact Rob Horder 0439 135 125.

Property History for 1/5 Graeme Ave, Goonellabah, NSW 2480

A timeline of how this property has performed in the market
Last Sold
$361,000
17 Mar 2021
Listed for Rent
$320/w
27 Oct 2020
  • 17 Mar 2021
    Sold for $361,000
  • 26 Feb 2021
    Listed for Sale Sale By Negotiation
  • 02 Oct 2020
    Listed for Rent $320 / week
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About Goonellabah 2480

The size of Goonellabah is approximately 23.5 square kilometres. It has 13 parks covering nearly 2.2% of total area. The population of Goonellabah in 2011 was 12,537 people. By 2016 the population was 12,881 showing a population growth of 2.7% in the area during that time. The predominant age group in Goonellabah is 50-59 years. Households in Goonellabah are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Goonellabah work in a professional occupation. In 2011, 67.6% of the homes in Goonellabah were owner-occupied compared with 66.3% in 2016.

Goonellabah has 7,001 properties. Over the last 5 years, Houses in Goonellabah have seen a 75.08% increase in median value, while Units have seen a 54.64% increase. As at 31 October 2024:

  • The median value for Houses in Goonellabah is $679,072 while the median value for Units is $460,945.
  • Houses have a median rent of $600 while Units have a median rent of $440.
There are currently 95 properties listed for sale, and 17 properties listed for rent in Goonellabah on OnTheHouse. According to CoreLogic's data, 393 properties were sold in the past 12 months in Goonellabah.

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