OFF MARKET

514 Half Chain Road
Koorainghat NSW 2430

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 582800m2
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Property Details for 514 Half Chain Rd, Koorainghat

Building Type
Land
Land Size
582800m2
Local Government
Mid-Coast
Lot/Plan
5/DP258857

Last Listing description (February 2015)

LARGE DEVELOPMENT POTENTIAL
? Large coastal acreage
? Zoned 1 (a) Rural

? Conceptual plans for 140 lot subdivision
One of the largest coastal acreages just North of Nabiac within the Taree/Old Bar/Forster area. This property adjoins Kiwarrak Heights Estate and the popular Koorainghat Rural Subdivision. Just minutes from the coastal beaches and close to the upgraded Pacific Highway. The land is zoned 1(a) Rural but included in the current Rainbow Flat Development Strategy. The land is undulating and partly cleared and adjoins town water supply and power. Complete with conceptual plans for a 140 lot subdivision. This sites offers great development options.

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Property History for 514 Half Chain Rd, Koorainghat, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$700,000
28 Sep 2012
  • 30 Nov 2013
    Listed for Sale $4,500,000
  • 28 Sep 2012
    Sold for $700,000
  • 16 Nov 2011
    Listed for Sale $4,500,000
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About Koorainghat 2430

The size of Koorainghat is approximately 30.6 square kilometres. It has 4 parks covering nearly 86.6% of total area. The population of Koorainghat in 2011 was 210 people. By 2016 the population was 206 showing a population decline of 1.9% in the area during that time. The predominant age group in Koorainghat is 60-69 years. Households in Koorainghat are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Koorainghat work in a professional occupation. In 2011, 88% of the homes in Koorainghat were owner-occupied compared with 83.1% in 2016..

Koorainghat has 92 properties. Over the last 5 years, Houses in Koorainghat have seen a 40.05% increase in median value. As at 30 November 2024:

  • The median value for Houses in Koorainghat is $984,661.
There are currently 1 property listed for sale, and 1 property listed for rent in Koorainghat on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Koorainghat.

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