OFF MARKET

401 Kungala Road
Kungala NSW 2460

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 153m2
Land area: 722400m2
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Property Details for 401 Kungala Rd, Kungala

Building Type
Commercial
Year Built
2014
Floor Size
153m2
Land Size
722400m2
Local Government
Clarence Valley
Lot/Plan
1/DP574431

Last Listing description (September 2015)

An opportunity has presented itself to acquire a sizeable land parcel (178.5 acres / 72.24 hectares) of gentle fertile land located at Kungala halfway between Coffs Harbour & Grafton not far from the coast with good bitumen road frontage & tucked away from public view.
2 large dams supply water for the property, any stock or planned agricultural set up. The front dam is spring fed. The rear dam is massive but needs some work but can hold much more water than it currently does (see photos). The jetty in place also needs work but shows how big the dam once was. What a place to fish or use when growing up.
The property is a little neglected but it's all fenced & could easily be transformed back into good pasture land.

There is a large machinery shed and accommodation is located along a good solid road of about 800 metres from the front of property. Very private & secluded. A generator & solar power have been used previously to supply power. Mains power goes past the front gate of the property.
The accommodation part is of concrete block construction .It has basic live-in fit out but does have a separate bathroom & a kitchen is in place. The high roofed machinery shed / workshop is in the front of the building & is mainly constructed of iron / tin cladding. It's massive in size.
But the property also has a building entitlement, its level, private, & has plenty of water so that provides so many options.
This property is ideal for weekend recreation or just build your home on rural land close to all facilities.
All this at a fantastic price. The value is unbeatable for this amount of land.

Property History for 401 Kungala Rd, Kungala, NSW 2460

A timeline of how this property has performed in the market
Last Sold
$220,000
02 Sep 2015
  • 02 Sep 2015
    Sold for $220,000
  • 27 Apr 2015
    Listed for Sale REDUCED TO $239,000
  • 17 Nov 2011
    Listed for Sale 315,000
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About Kungala 2460

The size of Kungala is approximately 47.7 square kilometres. It has 1 park. The population of Kungala in 2011 was 302 people. By 2016 the population was 133 showing a population decline of 56.0% in the area during that time. The predominant age group in Kungala is 40-49 years. Households in Kungala are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Kungala work in a sales workers occupation. In 2011, 85.4% of the homes in Kungala were owner-occupied compared with 86.2% in 2016.

Kungala has 97 properties. Over the last 5 years, Houses in Kungala have seen a 102.66% increase in median value. As at 30 November 2024:

  • The median value for Houses in Kungala is $756,848 while the median value for Units is $189,934.
There are currently 1 property listed for sale, and no properties listed for rent in Kungala on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Kungala.

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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.