SOLD
Sold on 11 Sep 2024 for $34,000

278 Scone Street
North Arm Cove NSW 2324

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 835m2
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Property Details for 278 Scone St, North Arm Cove

Building Type
Land
Land Size
835m2
Local Government
Mid-Coast
Lot/Plan
278/DP13358

Last Listing description (September 2024)

Discover the perfect investment opportunity with this ultra-affordable NON URBAN land on Scone Street, North Arm Cove. Nestled in a serene bushland setting, this 830 square meter block offers a unique chance to own a piece of nature. The lightly timbered landscape provides a tranquil backdrop, ideal for those looking to escape the hustle and bustle of city life. Zoned non-urban, this property is perfect for recreational use, such as camping, making it an attractive option for savvy investors.

Located just minutes from the stunning Myall Lakes National Park, this land offers unparalleled access to one of New South Wales' most cherished natural reserves. Myall Lakes National Park is renowned for its pristine waterways, lush rainforests, and abundant wildlife, providing endless opportunities for outdoor activities like kayaking, fishing, and bushwalking. Imagine weekends spent exploring the park's picturesque trails and discovering hidden gems around every corner.

The property's prime location also puts you within a short drive of Karuah and Tea Gardens, where you can enjoy local amenities and seafood delicacies. With its growing popularity and rising property values in the area, now is the perfect time to invest in this slice of paradise. Don't miss out on this rare opportunity-act quickly to secure your future in North Arm Cove today!

For more information on non-urban land please visit: https://www.midcoast.nsw.gov.au/Plan-Build/Stage-1-Find-Out/Non-Urban-Land

Tilligerry Real Estate recommends wearing long pants and covered footwear when inspecting the land.

Property History for 278 Scone St, North Arm Cove, NSW 2324

A timeline of how this property has performed in the market
Last Sold
$34,000
11 Sep 2024
  • 11 Sep 2024
    Sold for $34,000
  • 21 Aug 2024
    Listed for Sale Not Disclosed

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About North Arm Cove 2324

The size of North Arm Cove is approximately 48.3 square kilometres. It has 1 park. The population of North Arm Cove in 2011 was 291 people. By 2016 the population was 442 showing a population growth of 51.9% in the area during that time. The predominant age group in North Arm Cove is 60-69 years. Households in North Arm Cove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Arm Cove work in a professional occupation. In 2011, 75.3% of the homes in North Arm Cove were owner-occupied compared with 72.8% in 2016.

North Arm Cove has 3,056 properties. Over the last 5 years, Houses in North Arm Cove have seen a -85.30% decrease in median value, while Units have seen a 119.26% increase. As at 31 October 2024:

  • The median value for Houses in North Arm Cove is $63,423 while the median value for Units is $560,748.
  • Houses have a median rent of $575.
There are currently 35 properties listed for sale, and no properties listed for rent in North arm cove on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in North arm cove.

Suburb Insights for North Arm Cove 2324

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Hugh McInnes
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Nelson Bay Real Estate
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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.