OFF MARKET

57 Mahogany Drive
Gulmarrad NSW 2463

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Property Details for 57 Mahogany Dr, Gulmarrad

Building Type
Land
Local Government
Clarence Valley

Last Listing description (May 2016)

:: Situated in the quiet village of Gulmarrad
:: Last 4 blocks before final stage commenced
:: Each block is 4005sqm

:: Known for its rural residential lifestyle
:: Blocks feature power, phone & water connections
:: Lot 59 $135,000 & Lot 57 $125,000
First Home Owners Need Take Note! After a few quiet years, activity has started and Gulmarrad is starting to run out of development blocks. Last four of the current Mahogany Drive Estate development are on offer before the next and final stage of this development is commenced.
Set amid some of the finest new homes in the friendly village of Gulmarrad, an area known for its rural residential lifestyle acreage; all blocks feature underground power, telephone and water connections. All are well elevated and conveniently located, close distance to the local primary school.
Gulmarrad; close to the majestic beaches of both Brooms Head and Yamba, a short drive to Yuragir National Park and still close by to the facilities of Maclean township - Australia s Scottish Town where you ll find schools, shops, sporting facilities, medical centres, a hospital, retirement centres, sporting fields and the mighty Clarence River.
Remember; only four beaut gently sloping blocks remaining amongst the gum-trees, with plenty of wildlife and cooling breezes. The developer wants to quit these before commencing the next stage, so his generous pricing restructure offers you the perfect site for that ideal dream home. Lot 57 priced at $125,000 that sure makes the idea of owning your own home affordable!
Are you a 1st home builder? Then why not take advantage of the Governments current $15,000 incentive that may be available to you? For more information head to www.osr.nsw.gov.au/grants/fhog
Or if you re interested in a HOUSE and LAND Package; why not discuss the options that may be available to you in Mahogany Drive Estate.

Property History for 57 Mahogany Dr, Gulmarrad, NSW 2463

A timeline of how this property has performed in the market
  • 30 Jul 2015
    Listed for Sale Call Agent

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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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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.