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Sold on 29 Nov 2024 - Price Unavailable

Tenterfield Road
North Arm Cove NSW 2324

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Land area: 1853m2
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Property Details for Lot 779 Tenterfield Rd, North Arm Cove

Building Type
Land
Land Size
1853m2

Last Listing description (November 2024)

Embark on a lifetime of adventure with Lot 779 Tenterfield Road, North Arm Cove—a sizeable 1853 square metre slice of untouched Australian bushland. Offering the perfect backdrop for rustic camping holidays, this expansive land promises families the joys of the great outdoors and the allure of a long-term investment.

Nestled atop a hill and bathed in the tranquillity of North Arm Cove's natural beauty, this parcel is zoned RU2 Rural, maintaining its untouched charm as a non-urban delight. While current zoning laws preclude construction, the whisper of potential future residential re-zoning could pave the way to building your very own haven.

Situated a mere 15-20 minutes from the Myall River and the sparkling sands of Hawks Nest, and a short drive from the boat-friendly waters of Karuah, this plot is ideally located. With Newcastle's vibrant cityscape just an hour away, it serves as the quintessential escape without straying too far from urban conveniences.

Seize this chance to claim a generous piece of the Australian dream. Delve into the possibilities with us today, and envision your future amidst the splendour of North Arm Cove.

Please visit the MidCoast Council's official website for vital information regarding the land and permissible uses: https://www.midcoast.nsw.gov.au/Development/Development-applications/Find-out-if-there-are-building-restrictions-on-my-land/Non-urban-land

Disclaimer: Hawks Nest First National Real Estate provides this information without representation or warranty. Prospective purchasers should perform their own due diligence. Images for illustrative purposes only.

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Property History for Lot 779 Tenterfield Rd, North Arm Cove, NSW 2324

A timeline of how this property has performed in the market
Last Sold
29 Nov 2024
  • 29 Nov 2024
    Sold
  • 14 Mar 2024
    Listed for Sale $50,000
  • 16 Feb 2015
    Sold for $8,000

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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 3,059 properties. Over the last 5 years, Houses in North Arm Cove have seen a -37.18% decrease in median value, while Units have seen a 119.26% increase. As at 30 November 2024:

  • The median value for Houses in North Arm Cove is $300,658 while the median value for Units is $558,462.
  • Houses have a median rent of $575.
There are currently 35 properties listed for sale, and 2 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.

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