OFF MARKET

173D Mastons Road
Karangi NSW 2450

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 123620m2
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Property Details for 173d Mastons Rd, Karangi

173d Mastons Rd, Karangi is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 123620m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Land Size
123620m2
Local Government
Coffs Harbour
Lot/Plan
2/DP1249809

Last Listing description (May 2023)

Under 10 minutes to the Coffs Harbour CBD, this is a rare opportunity to purchase acreage at this price point, in one of the Coffs Coasts' most desirable hinterland locations.

The timber home consists of 3 bedrooms, 1 bathroom, kitchen, lounge room, laundry and multi-purpose room. The home is in need of work, though at this price point, it is an opportunity to capitalise on this great location. It could be brought back to its charming timber cottage feel, or given the hardwood construction a larger renovation could see it transformed into something magnificent. Alternatively, with its lush outlook and elevated location overlooking Karangi Creek, it is a special site to build your dream home.

The land comprises of 12.2 Hectares (Over 30 acres) and is approximately 1/5 flat and cleared land around the house. The current homesite overlooks the picturesque Karangi Creek and bush covering the northern part of the property, creating a lush and private aspect. There is shared access to the upper area of the property and an alternative house pad has been cleared here as an option for a home with a beautiful bush and mountain panorama. An area of this part of the property had previously been cleared and could easily be brought back to usable land. There is also a logging license in place for areas of the property.

Karangi could be considered the gateway to the beautiful Orara Valley, with lush rolling hills, freshwater swimming holes and areas of remnant Gondwana rainforest, It truly is a hidden gem of the Coffs Coast. Adding to this being near the end of Mastons Rd with little through traffic you get the feeling of being in an undisturbed and tranquil rural setting, whilst being 10 - 15 minutes away from all the Coffs Coast has to offer including its beautiful beaches, airport, education campus and much more.

Rates: $1739 pa (approx)

Property History for 173d Mastons Rd, Karangi, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$790,000
03 May 2023
  • 03 May 2023
    Sold for $790,000
  • 28 Feb 2023
    Listed for Sale $795,000 to $825,000

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About Karangi 2450

The size of Karangi is approximately 50.8 square kilometres. It has 5 parks covering nearly 53.7% of total area. The population of Karangi in 2011 was 536 people. By 2016 the population was 590 showing a population growth of 10.1% in the area during that time. The predominant age group in Karangi is 40-49 years. Households in Karangi are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Karangi work in a professional occupation. In 2011, 82.7% of the homes in Karangi were owner-occupied compared with 78.2% in 2016.

Karangi has 215 properties. Over the last 5 years, Houses in Karangi have seen a 60.45% increase in median value. As at 31 October 2024:

  • The median value for Houses in Karangi is $1,029,016 while the median value for Units is $366,113.
There are currently 2 properties listed for sale, and 1 property listed for rent in Karangi on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Karangi.

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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.