OFF MARKET

3 Wallace Street
Scotts Head NSW 2447

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 72m2
Land area: 1012m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Dec 2024
Low

High
Save

Property Details for 3 Wallace St, Scotts Head

3 Wallace St, Scotts Head is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 1012m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
House
Year Built
1950
Floor Size
72m2
Land Size
1012m2
Local Government
Nambucca Valley
Lot/Plan
15/E/DP17707

Last Listing description (January 2021)

This property is prime for redevelopment or subdivision, offers scope to renovate/relocate the existing home or, for the forward thinkers presents an exciting land banking opportunity.
The original character filled beach cottage features hardwood floors, French doors, timber fretwork, some high ceilings and stained glass windows, a modern colorbond roof and decks front and rear.
It sits on a huge 1012sqm lot and is only 300m from two of the most glorious beaches on the Mid North coast.

With a medium density zoning and 8.5m height limit consider the following possibilities with council approval:

* Relocate the existing home and build townhouses/units with potential for ocean and coastal views from the rear of the block.
* Perhaps add a cluster of smaller cottages (like next door) for holiday or permanent rental income.
* Subdivide the block into two
* Retain as a character filled beach cottage with a backyard big enough for the whole family to indulge in a game of cricket on the summer holidays.

Scotts Head is a hidden coastal treasure valued by families for its' stunning beaches and laidback lifestyle, and by surfers for its' idyllic wave breaks.
Located a short 15 minute drive from the thriving township of Macksville with its' new $72,000,000 hospital. Coffs Harbour is located around a 45 minute drive on the new motorway to the north and offers schools, university and airport.

This property presents an opportunity not to be missed in this tightly held location! Your immediate inspection is highly recommended to avoid disappointment.

For further information regarding these properties or to arrange an inspection please contact NAMBUCCA VALLEY PROPERTY (02) 6568 3096

All information contained herein is gathered from sources we consider to be reliable. Whilst every care has been taken in obtaining the information no warranty is given as to the accuracy. Interested parties should rely on their own investigations and research.

Property History for 3 Wallace St, Scotts Head, NSW 2447

A timeline of how this property has performed in the market
Last Sold
$905,000
19 Jan 2021
Listed for Rent
$350/w
26 Mar 2018
  • 19 Jan 2021
    Sold for $905,000
  • 11 Jan 2021
    Listed for Sale $700,000 - $770,000
  • 20 Mar 2018
    Listed for Sale $350
Sign in to see more transactions

Commute Calculator

About Scotts Head 2447

The size of Scotts Head is approximately 6.7 square kilometres. It has 1 park covering nearly 69.8% of total area. The population of Scotts Head in 2011 was 821 people. By 2016 the population was 878 showing a population growth of 6.9% in the area during that time. The predominant age group in Scotts Head is 60-69 years. Households in Scotts Head are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Scotts Head work in a professional occupation. In 2011, 68.1% of the homes in Scotts Head were owner-occupied compared with 66.7% in 2016.

Scotts Head has 776 properties. Over the last 5 years, Houses in Scotts Head have seen a 98.94% increase in median value, while Units have seen a 65.07% increase. As at 30 November 2024:

  • The median value for Houses in Scotts Head is $732,434 while the median value for Units is $538,835.
  • Houses have a median rent of $550.
There are currently 8 properties listed for sale, and no properties listed for rent in Scotts head on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Scotts head.

Suburb Insights for Scotts Head 2447

Market Insights
Scotts Head Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Scotts Head Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.