SOLD
Sold on 02 Dec 2023 for $143,000

1 Lake Innes Drive
Lake Innes NSW 2446

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1011m2
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Property Details for 1 Lake Innes Dr, Lake Innes

Building Type
Rural
Land Size
1011m2
Local Government
Port Macquarie-Hastings
Lot/Plan
1/DP827563

Last Listing description (December 2023)

Rates $674.00 pa | Land 1011 sqm

Introducing Lot 1, nestled in the serene Lake Innes precinct on Lake Innes Drive. Up for grabs via public auction is a level 1011m2 bush block with an unheard-of price guide.

The lot offers RU1 zoning, suitable for the purpose of primary production. It?s under the minimum lot size for any residential dwellings (including tiny homes), but seriously - who cares at this price? Tradies and hobby farmers, this would be the ideal block to store your work tools and equipment (STCA).

Surrounded by nature, rest assured this gem will be sold, as it offers great value for money for land in the Port Macquarie-Hastings region.

Access is easy with a sealed road to the gated entry, and only 15 minutes from Port Macquarie?s CBD, approximately 12 minutes to Wauchope, and just minutes from the Pacific Highway leading North to Brisbane and South to Sydney.

The land is currently vacant and there are no electrical, sewer, water or stormwater connections to the property. As such, there are no fees or charges for this. The estimated council rates for 2023 are $674 per year.

With its affordability and great potential, this truly is a rare find. Don?t let it be the one that got away!

+ 1011m2 block with RU1 Primary Production Zoning
+ No electrical, sewer or water connections
+ Sealed road access just minutes to Pacific Highway

Please note, as the property is council land, it will be taken to public auction at 2:30pm on 2nd December 2023. The property cannot be sold prior to this date.

Disclaimer: All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 1 Lake Innes Dr, Lake Innes, NSW 2446

A timeline of how this property has performed in the market
Last Sold
$143,000
02 Dec 2023
  • 02 Dec 2023
    Sold for $143,000
  • 07 Sep 2023
    Listed for Sale Auction Price Guide $120,000 - $130,000
  • 14 Dec 1992
    Sold for $6,000

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About Lake Innes 2446

The size of Lake Innes is approximately 75.7 square kilometres. It has 6 parks covering nearly 69.6% of total area. The population of Lake Innes in 2011 was 570 people. By 2016 the population was 429 showing a population decline of 24.7% in the area during that time. The predominant age group in Lake Innes is 50-59 years. Households in Lake Innes are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Innes work in a professional occupation. In 2011, 82.9% of the homes in Lake Innes were owner-occupied compared with 76.9% in 2016.

Lake Innes has 184 properties. Over the last 5 years, Houses in Lake Innes have seen a 68.85% increase in median value. As at 31 October 2024:

  • The median value for Houses in Lake Innes is $1,254,152 while the median value for Units is $475,423.
There are currently 4 properties listed for sale, and no properties listed for rent in Lake innes on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Lake innes.

Suburb Insights for Lake Innes 2446

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Chris Koch
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Abby Koch
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Laing and Simmons Port Macquarie
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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.