SOLD
Sold on 12 Dec 2023 for $550,000

6537 Kyogle Road
Kyogle NSW 2474

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 1878100m2
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Property Details for 6537 Kyogle Rd, Kyogle

Building Type
Rural
Land Size
1878100m2
Local Government
Kyogle
Lot/Plan
1/DP179418

Last Listing description (May 2017)

Adjoining the township, with Development Application approval is a new 25 lot residential subdivision ready to be developed. Roadworks and services to be completed, then ready for sale. Stage 1A is already sold out. This development has rezoning approval for a further 154 residential lots plus 3 Rural Residential lots, totalling approximately 37 hectares of land. Buy now and develop over future years, opportunities like this are rarely presented.
Whilst the development is not staged, the adjoining 35 lots (stage 1B), are in the process of being DA Approved as well.
This is the only residential development within the township, and is an affordable opportunity for young families or downsizers to have a new house and land package for around $350,000.

The vendors are keen to move on and will listen to all offers and considerations presented.
25 lots D A approved ready for development, Plus 154 Rezoned, plus 3 rural residential lots, The lot for $2.563 million.

Property History for 6537 Kyogle Rd, Kyogle, NSW 2474

A timeline of how this property has performed in the market
Last Sold
$550,000
12 Dec 2023
  • 12 Dec 2023
    Sold for $550,000
  • 24 Mar 2016
    Sold for $2,000,000
  • 23 Oct 2014
    Listed for Sale $2.5 million
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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 1,428 properties. Over the last 5 years, Houses in Kyogle have seen a 81.30% increase in median value, while Units have seen a 131.85% increase. As at 31 October 2024:

  • The median value for Houses in Kyogle is $530,284 while the median value for Units is $406,481.
  • Houses have a median rent of $440 while Units have a median rent of $360.
There are currently 40 properties listed for sale, and 10 properties listed for rent in Kyogle on OnTheHouse. According to CoreLogic's data, 85 properties were sold in the past 12 months in Kyogle.

Suburb Insights for Kyogle 2474

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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.