OFF MARKET

308 Brooms Head Road
Gulmarrad NSW 2463

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 296900m2
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Property Details for 308 Brooms Head Rd, Gulmarrad

Building Type
Land
Land Size
296900m2
Local Government
Clarence Valley
Lot/Plan
11/DP1154565

Last Listing description (October 2023)

This versatile 73 acre property with dual access of Brooms Head Rd and Sheehans Lane, at Gulmarrad NSW, has a lot offer in terms of lifestyle and development opportunity down the track.
The country is mostly cleared, apart from shade timber and is currently under cane. Approximately 20 acres is completely out of flood and has heavy loam soils on the lower parts, ideal for cropping, citrus, macadamia production, or cattle fattening and breeding. It is completely fenced apart from around the cane pad area.
The property comes with a dwelling eligibility, has mains power running across the property and town water access at the boundary from 2 points. Rates are around $1200 per annum.

As previously stated the land is under cane which will be harvested this 2018, except for approximately 10 acres, which will be part of the 2019 harvest ? if the property is purchased before this harvest begins the 10 acres of cane will be part of the sale ? figures are available for this income.
This property offers the retiree a modest income and the opportunity to remain active and productive, with easy access to Brooms Head and Yamba beaches as well as the mighty Clarence River.
For further information and inspection, please contact Ian Dunbar on 0414 949 531, or our head office in Yamba, on (02) 66 462 400.

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Property History for 308 Brooms Head Rd, Gulmarrad, NSW 2463

A timeline of how this property has performed in the market
Last Sold
$565,000
27 Sep 2019
  • 27 Sep 2019
    Sold for $565,000
  • 10 May 2018
    Listed for Sale $699,000.00

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About Gulmarrad 2463

The size of Gulmarrad is approximately 30.7 square kilometres. The population of Gulmarrad in 2011 was 1,643 people. By 2016 the population was 1,688 showing a population growth of 2.7% in the area during that time. The predominant age group in Gulmarrad is 60-69 years. Households in Gulmarrad are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gulmarrad work in a trades occupation. In 2011, 91.6% of the homes in Gulmarrad were owner-occupied compared with 89.2% in 2016.

Gulmarrad has 1,020 properties. Over the last 5 years, Houses in Gulmarrad have seen a 82.06% increase in median value. As at 30 November 2024:

  • The median value for Houses in Gulmarrad is $974,666 while the median value for Units is $403,894.
  • Houses have a median rent of $610.
There are currently 24 properties listed for sale, and no properties listed for rent in Gulmarrad on OnTheHouse. According to CoreLogic's data, 52 properties were sold in the past 12 months in Gulmarrad.

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