OFF MARKET

700 North Bank Road
Raleigh NSW 2454

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 192400m2
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Property Details for 700 North Bank Rd, Raleigh

Building Type
Rural
Land Size
192400m2
Local Government
Bellingen
Lot/Plan
212/DP1119824

Last Listing description (November 2020)

A simply remarkable property and a never to be repeated opportunity. Prime 47 acre pasture improved rural block in a coveted position just minutes east of Bellingen. Possessing one of the best potential house sites I've ever set foot on in the Valley, the elevated ridge site runs almost right through the middle of the block to the river. The outlook is exceptional, consisting of 360 degrees of farmland, mountains and river. The deepwater frontage gives the option to moor a large boat, or just fish and kayak on over 40 plus km of pristine navigable waterways. You can boat to Bellingen or all the way to Mylestom/Urunga and the beach. Without parallel, it will be almost impossible to overcapitalise on this quality holding. Create something special in this magnificent Bellingen location. Peace & privacy is assured, don't miss your chance this truly is a one-off.

Property History for 700 North Bank Rd, Raleigh, NSW 2454

A timeline of how this property has performed in the market
Last Sold
$1,630,000
06 Nov 2020
  • 06 Nov 2020
    Sold for $1,630,000
  • 29 Oct 2020
    Listed for Sale $1.3m to $1.4m
  • 01 Jul 2020
    Sold

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About Raleigh 2454

The size of Raleigh is approximately 38.1 square kilometres. It has 2 parks covering nearly 12.7% of total area. The population of Raleigh in 2011 was 549 people. By 2016 the population was 659 showing a population growth of 20.0% in the area during that time. The predominant age group in Raleigh is 50-59 years. Households in Raleigh are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Raleigh work in a professional occupation. In 2011, 76.2% of the homes in Raleigh were owner-occupied compared with 79.3% in 2016.

Raleigh has 351 properties. Over the last 5 years, Houses in Raleigh have seen a 73.56% increase in median value, while Units have seen a 11.47% increase. As at 31 October 2024:

  • The median value for Houses in Raleigh is $1,040,825 while the median value for Units is $575,943.
  • Houses have a median rent of $350.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Raleigh on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Raleigh.

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