SOLD
Sold on 31 Jan 2024 for $590,000

5/27-29 Yamba Road
Yamba NSW 2464

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 64m2
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Property Details for 5/27-29 Yamba Rd, Yamba

5/27-29 Yamba Rd, Yamba is a 1 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 64m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Unit sold in Yamba in the last 12 months.

Building Type
Unit
Year Built
1980
Land Size
64m2
Local Government
Clarence Valley
Lot/Plan
9/SP92959

Last Listing description (June 2024)

This freshly renovated holiday apartment will be a great addition to your current portfolio or the ideal ignition point for your investment future.

With stunning views over Yamba Bay, this stylish ground floor apartment is understandably very popular with holiday guests.

Whether you (or your guests) are enjoying the new high-end finishes or the northerly waterfront outlook, you'll be delighted with all this apartment provides.

In a convenient location within an easy flat walk of Yamba township and with closer options within 50 metres for breakfast, lunch and dinner, you'll be spoilt for choice.

Enjoying great occupancy and income (over $59,000 for the 22/23 FY), this is an easy investment with further potential for capital growth as Yamba continues on it's upward trajectory with holiday makers flocking to the area.

Call today and we'll see if we can get you through - with solid bookings in this unit you may need to be patient!

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Property History for 5/27-29 Yamba Rd, Yamba, NSW 2464

A timeline of how this property has performed in the market
Last Sold
$590,000
31 Jan 2024
  • 31 Jan 2024
    Sold for $590,000
  • 04 Dec 2023
    Listed for Sale $595,000
  • 22 Apr 2016
    Sold for $255,000

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About Yamba 2464

The size of Yamba is approximately 16.9 square kilometres. It has 31 parks covering nearly 18% of total area. The population of Yamba in 2011 was 6,074 people. By 2016 the population was 6,078 showing a population growth of 0.1% in the area during that time. The predominant age group in Yamba is 60-69 years. Households in Yamba are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Yamba work in a professional occupation. In 2011, 65.1% of the homes in Yamba were owner-occupied compared with 67.4% in 2016.

Yamba has 5,222 properties. Over the last 5 years, Houses in Yamba have seen a 93.49% increase in median value, while Units have seen a 75.17% increase. As at 31 October 2024:

  • The median value for Houses in Yamba is $988,517 while the median value for Units is $716,737.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 75 properties listed for sale, and 13 properties listed for rent in Yamba on OnTheHouse. According to CoreLogic's data, 233 properties were sold in the past 12 months in Yamba.

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