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505 Mahogany Drive
Gulmarrad NSW 2463

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Land area: 4005m2
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Property Details for 505 Mahogany Dr, Gulmarrad

Building Type
Land
Land Size
4005m2
Local Government
Clarence Valley

Last Listing description (November 2023)

Thinking of building? Think of this!
New Pricing Means First Home Owners Need Take Note
Located in the sought after family friendly village of Gulmarrad is the Mahogany Drive Estate land release. Known for its rural residential lifestyle acreage, blocks in this area all feature underground power, telephone and water connections, are well elevated and conveniently located in close distance to the local primary school.

Why not enjoy the best of both worlds, with the majestic beaches of both Brooms Head and Yamba just a short drive away and the Yurragir National Park close by ready to be explored, not to mention you are just minutes from the facilities of the Maclean township, otherwise known as Australia?s Scottish Town.
With only a few blocks remaining and a generous developers pricing restructure, Mahogany Drive Estate is a must see if you have the idea of building your dream home. With 59 priced at $135,000 and Lots 52 and 55 priced at $125,000 it sure makes the idea of owning your own home so much more affordable.
First home owners are you looking to build? Then why not take advantage of the Governments current incentives that may be available to you. $15,000 in your pocket could really kick start your investment into the property market. For more information head to www.osr.nsw.gov.au/grants/fhog
Interested in a HOUSE and LAND Package? Why not discuss the options that may be available to you in Mahogany Drive Estate.
For more information or to arrange your onsite viewing contact Professionals the Clarence Coast Real Estate on (02) 6645 5000.

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Property History for 505 Mahogany Dr, Gulmarrad, NSW 2463

A timeline of how this property has performed in the market
  • 23 Nov 2023
    Listed for Sale Not Disclosed
  • 04 Aug 2015
    Listed for Sale From $125,000

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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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