SOLD
RECENT ADVICE
Sold on 18 Sep 2024 - Price Unavailable

648 Wandobah Road
Gunnedah NSW 2380

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2323000m2
Sold By
Davidson Cameron & Co
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Property Details for 648 Wandobah Rd, Gunnedah

Building Type
Commercial
Land Size
2323000m2
Local Government
Gunnedah
Lot/Plan
2/DP736969

Last Listing description (October 2024)

Davidson Cameron and Co present for sale by expressions of interest, this major and rare development investment opportunity.
Situated just 7 kms from the Gunnedah CBD and adjacent to existing large residential developments, 648 Wandobah represents a golden opportunity for developers to tap into the growing demand for building blocks in this rapidly expanding and vibrant regional centre.
Enjoying spectacular views and enviable aspects over the entire property, and located minutes from the CBD, you will struggle to find a better location for developing lifestyle and large residential acreages.

The 122*ha of RU4 land, which is currently subdividable into 11 lots, fronts Wandobah Rd and is earmarked for rezoning to R5 large residential under the current Gunnedah shire planning strategy, allowing for further development into 82 lots.

Existing improvements include silos, cattle yards and multiple dams.

? 7kms from Gunnedah CBD
? 122* ha currently zoned RU4, (11lots)
? Earmarked for rezoning to R5 (82 lots)
? Picturesque elevated views
? First class flood free investment opportunity.
? Silos, cattle yards and multiple dams

*approximate.

Property History for 648 Wandobah Rd, Gunnedah, NSW 2380

A timeline of how this property has performed in the market
Last Sold
18 Sep 2024
  • 18 Sep 2024
    Sold
  • 31 Jul 2024
    Listed for Sale For Sale $1,300,000
  • 06 Oct 2023
    Listed for Sale For Sale $1,685,000
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About Gunnedah 2380

The size of Gunnedah is approximately 519 square kilometres. It has 36 parks covering nearly 7.1% of total area. The population of Gunnedah in 2011 was 9,341 people. By 2016 the population was 9,727 showing a population growth of 4.1% in the area during that time. The predominant age group in Gunnedah is 0-9 years. Households in Gunnedah are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gunnedah work in a machinery operators and drivers occupation. In 2011, 65.6% of the homes in Gunnedah were owner-occupied compared with 63% in 2016.

Gunnedah has 5,758 properties. Over the last 5 years, Houses in Gunnedah have seen a 55.65% increase in median value, while Units have seen a 67.48% increase. As at 31 October 2024:

  • The median value for Houses in Gunnedah is $415,462 while the median value for Units is $364,180.
  • Houses have a median rent of $485 while Units have a median rent of $360.
There are currently 31 properties listed for sale, and 15 properties listed for rent in Gunnedah on OnTheHouse. According to CoreLogic's data, 274 properties were sold in the past 12 months in Gunnedah.

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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.