4A King StreetOurimbah NSW 2258
Property Details for 4a King St, Ourimbah
Last Listing description (June 2019)
Phone enquiry ID: 67059
Land banking buyers please read below .
I have the minutes for proof from a recent council Pre DA meeting which council are currently working on rezoning the area for multi story apartment blocks including shopping centres and green space areas for commuters.
The council have already put the scope to exhibition and are ready with a new control plan.
Please check out the photos of the new and up coming area council have proposed.
4A King Street, Ourimbah
ZONED R1 Residental Lots of Potential.
Address on Application.
This property has lots to offer being just under 800m2 of a Gentle slopping land this could be your time to build your dream home.
The property is meters away from train station and bus stop and is also very private from the main roads it ticks all the boxes.
10 minutes to Gosford CBD and the M1 is also a 5 minutes drive, making Sydney and Newcastle your neighbours.
As seen in the photos is a google map view of the location showing you how close this property is to Ourimbah Campus ,And the University also within walking distance is ,Doctors and dentists surgery at the end of the street .
This property offers lots of value to anyone in the business of
Investing
flipping
Town Houses
Boarding House
Micro Apartments
Duplex
House And Granny Flat
NGBH NSW
Dual Occupancy
Dual Income Stream
Cash Cow
Strata Title
All Subject to Council Approvals.
Please call for more information
Property History for 4a King St, Ourimbah, NSW 2258
- 09 Mar 2021Sold for $250,000
- 26 Jul 2018Listed for Sale Not Disclosed
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About Ourimbah 2258
The size of Ourimbah is approximately 87.4 square kilometres. It has 17 parks covering nearly 104.1% of total area. The population of Ourimbah in 2011 was 4,161 people. By 2016 the population was 3,958 showing a population decline of 4.9% in the area during that time. The predominant age group in Ourimbah is 50-59 years. Households in Ourimbah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ourimbah work in a professional occupation. In 2011, 73.7% of the homes in Ourimbah were owner-occupied compared with 74.7% in 2016.
Ourimbah has 1,826 properties. Over the last 5 years, Houses in Ourimbah have seen a 69.83% increase in median value, while Units have seen a 48.52% increase. As at 31 August 2024:
- The median value for Houses in Ourimbah is $1,078,063 while the median value for Units is $648,784.
- Houses have a median rent of $570 while Units have a median rent of $550.
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