24 Martin St, Coraki is a 2 bedroom, 2 bathroom House with 3 parking spaces and was built in 1994. The property has a land size of 980m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in March 2024.
?? CALLING ALL SAVVY INVESTORS AND DISTINGUISHED DEVELOPERS
Welcome to a unique property offering in the heart of Coraki that presents an exclusive chance for developers and investors. This prime piece of real estate is not just a home; it's an investment canvas with limitless potential. Opportunities like this don't come around often, so seize the chance to make your mark on this thriving community.
Zoned RU5 Village and open to all development possibilities, this property is a blank canvas awaiting your creative vision. Unlock the potential for additional dwellings, commercial spaces, Strata plans, or a mixed-use development, all subject to council approval.
Situated at the rear half of an easy-to-maintain 980sqm block, this property boasts a private rear lane access leading to a double bay powered shed on a concrete slab with an additional attached single lock up garage.
The high-set home features two bedrooms upstairs, complemented by a tidy kitchen and lounge room that flows to a cosy covered timber verandah - perfect for relaxing evenings. The property stands out with its steel frame construction, ensuring durability and longevity. With insulation in walls and ceiling, you can enjoy a comfortable living environment in all seasons. The fully fenced yard ensures privacy and security, making it an ideal space for families or future development.
The size of Coraki is approximately 28.1 square kilometres. There are 2 parks, covering nearly 2.3% of the total area. The population of Coraki in 2016 was 1277 people. By 2021 the population was 1373 showing a population growth of 7.5% in the area during that time. The predominant age group in Coraki is 10-19 years. Households in Coraki are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coraki work in a labourer occupation.In 2021, 77.80% of the homes in Coraki were owner-occupied compared with 71.30% in 2016.
Coraki has 715 properties. Over the last 5 years, Houses in Coraki have seen a 30.46% increase in median value, while Units have seen a 59.22% increase. As at 31 May 2026:
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