OFF MARKET

304 Old Station Road
Verges Creek NSW 2440

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 271261m2
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Property Details for 304 Old Station Rd, Verges Creek

Building Type
Land
Land Size
271261m2
Local Government
Kempsey
Lot/Plan
5/DP805949

Last Listing description (July 2020)

Now this is one for the superannuation fund! This is a 26Ha. block that is zoned for 1Ha subdivision located in one of the most sort after parts of town - close to Crescent Head beaches and yet only 5 minutes into Kempsey.

This flood-free block represents a great investment or, even a great home site.


"Why would you buy 1Ha. (which are available for between $210,000 - $280,000 next door) when you and a mate can have yourselves 13Ha for the same price and know that you've still got the potential to subdivide when the time is right!"

Located on the highly desired East side so that you are closer to the beaches, this is land that will only become more desired as the years tick by.

Call us any day, any time, we have some sketched plans of a proposed sub-division to hand out.

Property History for 304 Old Station Rd, Verges Creek, NSW 2440

A timeline of how this property has performed in the market
  • 12 Feb 2019
    Listed for Sale $550,000

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About Verges Creek 2440

The size of Verges Creek is approximately 23 square kilometres. The population of Verges Creek in 2011 was 335 people. By 2016 the population was 249 showing a population decline of 25.7% in the area during that time. The predominant age group in Verges Creek is 50-59 years. Households in Verges Creek are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Verges Creek work in a trades occupation. In 2011, 82.2% of the homes in Verges Creek were owner-occupied compared with 81% in 2016.

Verges Creek has 210 properties. Over the last 5 years, Houses in Verges Creek have seen a 65.78% increase in median value. As at 31 August 2024:

  • The median value for Houses in Verges Creek is $797,612.
There are currently 3 properties listed for sale, and no properties listed for rent in Verges creek on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Verges creek.

Suburb Insights for Verges Creek 2440

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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.