SOLD
Sold on 14 Mar 2024 for $675,000

7/27-29 Yamba Road
Yamba NSW 2464

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 88m2
Land area: 83m2
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Property Details for 7/27-29 Yamba Rd, Yamba

7/27-29 Yamba Rd, Yamba is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 83m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Yamba in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
88m2
Land Size
83m2
Local Government
Clarence Valley
Lot/Plan
7/SP92959

Last Listing description (April 2024)

This freshly renovated waterfront unit is one of the few 2 bedroom units in the complex and being situated on the ground floor it's extremely popular with resort guests and is sure to be popular with you too both from an enjoyment and cash flow perspective.

Being sold fully renovated and furnished this unit will generate income from day 1 - with around $68,000 gross income in the last financial year (around 10%) you'll be hard pressed to find better than that today!

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

This is an easy investment with further potential for capital growth as Yamba continues on it's upward trajectory.

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

Property History for 7/27-29 Yamba Rd, Yamba, NSW 2464

A timeline of how this property has performed in the market
Last Sold
$675,000
14 Mar 2024
  • 14 Mar 2024
    Sold for $675,000
  • 15 Feb 2024
    Listed for Sale $675,000
  • 12 Jun 2019
    Sold for $485,000
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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 76 properties listed for sale, and 11 properties listed for rent in Yamba on OnTheHouse. According to CoreLogic's data, 227 properties were sold in the past 12 months in Yamba.

Suburb Insights for Yamba 2464

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Contact agent
David Lovell
Show contact details
Jo Boxsell
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First National Real Estate Yamba
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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.