SOLD
Sold on 21 Dec 2023 for $545,000

49 Summerland Way
Kyogle NSW 2474

Bedrooms: 1
Bathrooms: 3
Car spaces: -
Land area: 453m2
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Property Details for 49 Summerland Way, Kyogle

49 Summerland Way, Kyogle is a 1 bedroom, 3 bathroom House. The property has a land size of 453m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom House sold in Kyogle in the last 12 months.

Building Type
House
Land Size
453m2
Local Government
Kyogle
Lot/Plan
A/DP332800

Last Listing description (February 2024)

Kyogle Real Estate is pleased to present to market, 49 Summerland Way, Kyogle, NSW 2474.

Located in the main street of the Kyogle, this premises has great exposure to passing vehicle and pedestrian traffic and close to the only supermarket in town (IGA). Ground floor is leased as a caf which includes toilets, office, a small outdoor area and is approximately 130sqm with the main kitchen being about 40sqm. There is wide street frontage with two window displays and a level access for wheelchair accessibility.

Upstairs has been set up for accommodation and is open plan with a small kitchenette. This could be used for a range of different uses.

Next door is another retail shop front with a display window and a level access for wheelchair accessibility also. This property consists of a small kitchen and toilet area and is approximately 68 sqm.

This property would suit the investor or business owner. With easy access to other major towns of the Northern Rivers, Kyogle has seen a lot of growth in the property market. For further information or to arrange an inspection, contact Mike Smith 0413 300 680 or Simon Tough 0402 706 565.

Property Code: 1353

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Property History for 49 Summerland Way, Kyogle, NSW 2474

A timeline of how this property has performed in the market
Last Sold
$545,000
21 Dec 2023
  • 21 Dec 2023
    Sold for $545,000
  • 17 Jan 2023
    Listed for Sale $690,000
  • 29 Nov 2022
    Sold
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About Kyogle 2474

The size of Kyogle is approximately 30.1 square kilometres. It has 9 parks covering nearly 1.3% of total area. The population of Kyogle in 2011 was 2,553 people. By 2016 the population was 2,204 showing a population decline of 13.7% in the area during that time. The predominant age group in Kyogle is 60-69 years. Households in Kyogle are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kyogle work in a labourer occupation. In 2011, 69.1% of the homes in Kyogle were owner-occupied compared with 64.8% in 2016.

Kyogle has 1,438 properties. Over the last 5 years, Houses in Kyogle have seen a 80.34% increase in median value, while Units have seen a 100.53% increase. As at 31 August 2024:

  • The median value for Houses in Kyogle is $506,283 while the median value for Units is $375,103.
  • Houses have a median rent of $440 while Units have a median rent of $345.
There are currently 60 properties listed for sale, and 15 properties listed for rent in Kyogle on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Kyogle.

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