OFF MARKET

7605 Summerland Way
Rappville NSW 2469

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2221700m2
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Property Details for 7605 Summerland Way, Rappville

Building Type
Land
Land Size
2221700m2
Local Government
Richmond Valley
Lot/Plan
59/DP755621

Last Listing description (August 2019)

This property of 548 acres is on the Summerland Way, 27 km from Casino and 74 km from Grafton. Mostly cleared property has 4 dams, 1 large lagoon and some seasonal waterholes in the creek. The property has 5 paddocks, with a lane way to all paddocks leading to good steel cattle yards. Beside the yards is a 18x7m shed, 2 open bay and 1 lockable bay with cement floor. Power runs through the property. There is income off a tower being leased at 5 yearly lease agreements out to 2030 with a 3% pa increase. There is some good fencing and building timber on property. A small area of country goes under water which is showing the benefits now in this dry time, having good feed. There is a good body of dry feed to get cattle through to the wet. Pasture improvement on this mostly undeveloped block and farming of rye/oats makes for a great opportunity of enhancing a capital gain. Contact the agent for further details of this block and other privately listed properties.

Property History for 7605 Summerland Way, Rappville, NSW 2469

A timeline of how this property has performed in the market
Last Sold
$234,000
26 Apr 2019
  • 23 Jul 2019
    Listed for Sale $660,000
  • 26 Apr 2019
    Sold for $234,000
  • 26 Apr 2019
    Sold
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About Rappville 2469

The size of Rappville is approximately 46.8 square kilometres. It has 2 parks covering nearly 18% of total area. The population of Rappville in 2011 was 310 people. By 2016 the population was 173 showing a population decline of 44.2% in the area during that time. The predominant age group in Rappville is 10-19 years. Households in Rappville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rappville work in a clerical occupation. In 2011, 72.6% of the homes in Rappville were owner-occupied compared with 70.2% in 2016.

Rappville has 112 properties. Over the last 5 years, Houses in Rappville have seen a 62.88% increase in median value. As at 31 October 2024:

  • The median value for Houses in Rappville is $290,404 while the median value for Units is $264,669.
There are currently 2 properties listed for sale, and no properties listed for rent in Rappville on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Rappville.

Suburb Insights for Rappville 2469

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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.