Development & Subdivision Potential
This 4 bedroom Federation style home is nestled in a quiet little street very close to churches and the new IGA construction site. The home has been partially renovated in keeping with the old world charm. The spacious lounge room has an open fire place and is adjoined by the formal dinning room. The two front bedrooms are large and have French doors leading out onto the wide verandas. The kitchen has been recently renovated and has been fitted with gas and electric cooking appliances. Leading off the kitchen is a breakfast room or sleep-out area. A huge family/rumpus room is at the back of the home with the remaining 2 bedrooms. A smaller room would be suitable for sewing or office nock. The home has beautiful polished floor board???s high ornate ceilings and most of the inside has been freshly painted.
The home sits on 3528 sq meters and has a separate Lot and DP that fronts onto Irwin St. The property has potential to be subdivided into numerous allotments (STCA). For the budding investor this could be your chance to get into the developing market.
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 1,429 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:
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