OFF MARKET

35262 Albany Highway
Drome WA 6330

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1997695m2
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Property Details for 35262 Albany Hwy, Drome

Building Type
Rural
Land Size
1997695m2
Local Government
Albany
Lot/Plan
5771/P206199

Last Listing description (May 2021)

Situated 16 kilometres form the centre of Albany is this tree farm of just under 200 hectares.The current lease on the property is with a large Blue Gum Company and has just under 14 years to run with annual CPI increase subject to certain conditions.For further information on this investment please phone Jeremy Stevenson on 0427 183 688.

Property History for 35262 Albany Hwy, Drome, WA 6330

A timeline of how this property has performed in the market
Last Sold
$2,010,000
05 Mar 2021
  • 05 Mar 2021
    Listed for Sale Expressions of interest
  • 05 Mar 2021
    Sold for $2,010,000
  • 30 Sep 2009
    Sold for $78,892,572

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About Drome 6330

The size of Drome is approximately 49.7 square kilometres. It has 1 park covering nearly 15.6% of total area. The population of Drome in 2011 was 273 people. By 2016 the population was 34 showing a population decline of 87.5% in the area during that time. The predominant age group in Drome is 60-69 years. Households in Drome are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Drome work in a trades occupation. In 2011, 70.6% of the homes in Drome were owner-occupied compared with 72.8% in 2016..

Drome has 48 properties. Over the last 5 years, Houses in Drome have seen a 63.12% increase in median value, while Units have seen a 430.36% increase. As at 31 October 2024:

  • The median value for Houses in Drome is $901,653 while the median value for Units is $497,645.
There are currently 2 properties listed for sale, and no properties listed for rent in Drome on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Drome.

Suburb Insights for Drome 6330

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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.