OFF MARKET

64 Mcconnells Lane
Palmers Island NSW 2463

Bedrooms: 4
Bathrooms: 1
Car spaces: 7
Land area: 44652m2
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Last updated 16 Sep 2024
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Property Details for 64 Mcconnells Lane, Palmers Island

64 Mcconnells Lane, Palmers Island is a 4 bedroom, 1 bathroom House with 7 parking spaces. The property has a land size of 44652m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
House
Land Size
44652m2
Local Government
Clarence Valley
Lot/Plan
51/DP859643

Last Listing description (October 2022)

Situated 5 minutes from Yamba on the NSW North Coast and in the prime land area of Palmers Island, this 4.46Ha (11 acre) property offers the astute investor many opportunities rural lifestyle, business opportunity, or just a great place live.This property has been in the one familys name for many years, and is still being operated as a rural business centre. It has only come on the market due to the increasing age of the owner, who now finds it difficult to maintain the busy lifestyle he has sustained for so long. At present the farm produces eggs for sale locally, and other associated rural products, at the many local markets held in the Clarence district.Improvements consist of an older style 4 bedroom, weatherboard home, with an iron roof and 12ft ceilings through the interior- home in need of repair.A steel framed shed with 6m entry doors, concrete floor and power attached it also contains 2 separate offices, bathroom area, and 2 operating cool rooms. Dimensions 19m x 19m = 361m2Both the homestead and the office shed are above flood level.There is a separate, large, under cover storage shed for machinery and fodder storage with earthen floor and iron roof. (Approximately 39m x 22m). One section of this building is now being used as the poultry egg-laying area.Externally, there are pig-stys, small paddocks for sheep and cattle, plus a large farmed area for the growing of pumpkins and other produce.There is considerable work to be done on the property to bring it up to scratch, however this has been taken into account, with the asking price.

Property History for 64 Mcconnells Lane, Palmers Island, NSW 2463

A timeline of how this property has performed in the market
Last Sold
$585,000
07 Jan 2020
  • 07 Jan 2020
    Sold for $585,000
  • 16 Dec 2019
    Listed for Sale $595,000

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About Palmers Island 2463

The size of Palmers Island is approximately 34.8 square kilometres. The population of Palmers Island in 2011 was 477 people. By 2016 the population was 439 showing a population decline of 8.0% in the area during that time. The predominant age group in Palmers Island is 50-59 years. Households in Palmers Island are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palmers Island work in a managers occupation. In 2011, 79.5% of the homes in Palmers Island were owner-occupied compared with 80.1% in 2016.

Palmers Island has 235 properties. Over the last 5 years, Houses in Palmers Island have seen a 81.92% increase in median value. As at 31 August 2024:

  • The median value for Houses in Palmers Island is $859,840 while the median value for Units is $381,355.
There are currently 3 properties listed for sale, and no properties listed for rent in Palmers island on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Palmers island.

Suburb Insights for Palmers Island 2463

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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.