5 Palm Trees Drive, Boambee East, NSW 2452 | Property Value & History | OnTheHouse
OFF MARKET

5 Palm Trees Drive
Boambee East NSW 2452

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 123m2
Land area: 703m2
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Property Details for 5 Palm Trees Dr, Boambee East

5 Palm Trees Dr, Boambee East is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 703m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
House
Year Built
1985
Floor Size
123m2
Land Size
703m2
Local Government
Coffs Harbour
Lot/Plan
29/DP793268

Last Listing description (March 2017)

Ideal for first home buyers looking for a home with character, or an astute investor looking for strong returns, all within a short drive to Coffs Harbour and Sawtell Beach. Representing great value for money this home is situated in a quiet cul-de-sac position in the sought after Lamberts Park Estate. Offering three bedrooms this would make a perfect first home and is very suitable for a growing family. The building is rock solid being concrete block inside and out. There is one bathroom plus a second toilet in the laundry which could easily be converted into the 2nd bathroom. All rooms are generous and the kitchen, dining and lounge rooms are open plan. There is a large study or rumpus area off the dining room and an oversize single lockup garage with internal access. Detached from the main home is a 5.8 x 3.3 metre studio, teenagers retreat, or perfect man-cave. The fully fenced pet friendly yard is complete with a garden shed and landscaped to ensure low maintenance. The home & yard is almost completely level, making it wheelchair friendly or suitable for those who find stairs difficult. This home has a lot of possibilities and could be renovated with minimal expense. Currently tenanted at $400 per week until April 2017, with market rental expectations of $420 to $430 per week thereafter. Simply great buying in this price range.

Low maintenance home with approx 5% return
3 spacious bedrooms & 2nd toilet in Laundry

Gas stove & air-conditioner
5.8 x 3.3 metre separate studio
Fully fenced & landscaped yard with garden shed
Rates: $2742 PA, Land size: 736m2

Property History for 5 Palm Trees Dr, Boambee East, NSW 2452

A timeline of how this property has performed in the market
Last Sold
$410,000
29 Mar 2017
  • 29 Mar 2017
    Sold for $410,000
  • 24 Feb 2017
    Listed for Sale $425,000
  • 09 Nov 2009
    Sold for $325,000
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About Boambee East 2452

The size of Boambee East is approximately 3.6 square kilometres. There are 3 parks, covering nearly 12.8% of the total area. The population of Boambee East in 2016 was 5243 people. By 2021 the population was 5304 showing a population growth of 1.2% in the area during that time. The predominant age group in Boambee East is 10-19 years. Households in Boambee East are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Boambee East work in a professional occupation.In 2021, 72.60% of the homes in Boambee East were owner-occupied compared with 71.30% in 2016.

Boambee East has 2,332 properties. Over the last 5 years, Houses in Boambee East have seen a 33.71% increase in median value, while Units have seen a 31.69% increase. As at 31 July 2026:

  • The median value for Houses in Boambee East is $860,357 while the median value for Units is $565,353.
  • Houses have a median rent of $720 while Units have a median rent of $530.
There are currently 25 properties listed for sale, and 5 properties listed for rent in Boambee east on OnTheHouse. According to Cotality's data, 103 properties were sold in the past 12 months in Boambee east.

Suburb Insights for Boambee East 2452

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.