145 Patemans Road, Drake, NSW 2469 | Property Value & History | OnTheHouse
OFF MARKET

145 Patemans Road
Drake NSW 2469

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 476800m2
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Property Details for 145 Patemans Rd, Drake

Building Type
Commercial
Land Size
476800m2
Local Government
Tenterfield
Lot/Plan
95/DP805943

Last Listing description (July 2023)

This rural allotment has been in the same family for two generations and is now being reluctantly sold.

The property was originally selected due to its north facing aspect, completely freehold status, no easements on the property and the abundance of hardwood timber. The same benefits people are looking for today !!!

The property is 47Ha or 118acres and is located approximately 60km from Casino and Tenterfield, 1.5km from Drake Village and 20km from Tabulam village.

The property has had a number of improvements carried out over the years which include the construction of an 'off-grid' one bedroom cabin in 2018. The cabin has a 1.2Kw solar system with a Lithium battery back-up. The system will easily operate a fridge, washing machine, television and any other appliances you made need. The cabin has an open plan - with gas stove cooking, wood fireplace and a shower and composting toilet.

There are water tanks to catch the rain water and a small garden shed and a gas hot water system.

Other improvements include a beautiful north facing building site. (The property possesses a building opportunity) The site has already been developed and levelled and just requires the normal council approval for the building of a house.

A quirky improvement on the property is the construction of a number of rock walls over the property. Serving a dual purpose of a stone fire break and as a fence you will find a number of rock walls when you go exploring. (They also serve as a very good seat to admire the view !!!)

Attached to the property is a Private Native Forestry plan. This allows commercial logging of the property in accordance with the regulations. The property was last logged about 40 years ago and there is now an abundance of mature and growing hardwood timber species.

The property is fenced on the southern and eastern boundaries and has approximately 1km of road frontage which is ideal for accessing the property.

There is one dam on the property and a number of seasonal creeks which are tributaries of the nearby Plumbago Creek.

As you would expect there is an abundance of native fauna and flora, including bandicoots, kangaroos, wallabies and spectacular birdlife. If you are quick you might be lucky to see a bush orchid which are currently flowering on the property.

For those who want paradise to include internet, mobile reception and television reception this property also has all of that.

This property is truly a slice of paradise - awaiting new owners.

Property History for 145 Patemans Rd, Drake, NSW 2469

A timeline of how this property has performed in the market
Last Sold
$1
12 Dec 2017
  • 05 Oct 2022
    Listed for Sale Not Disclosed
  • 12 Dec 2017
    Sold for $1
  • 15 Feb 1994
    Sold for $36,000
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About Drake 2469

The size of Drake is approximately 282.7 square kilometres. It has 3 parks covering nearly 18.8% of total area. The population of Drake in 2016 was 345 people. By 2021 the population was 244 showing a population decline of 29.3% in the area during that time. The predominant age group in Drake is 60-69 years. Households in Drake are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Drake work in a labourer occupation.In 2021, 90.30% of the homes in Drake were owner-occupied compared with 85.80% in 2016.

Drake has 314 properties. Over the last 5 years, Houses in Drake have seen a 81.63% increase in median value. As at 31 January 2026:

  • The median value for Houses in Drake is $818,789 while the median value for Units is $932,736.
There are currently 7 properties listed for sale, and no properties listed for rent in Drake on OnTheHouse. According to Cotality's data, 7 properties were sold in the past 12 months in Drake.

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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.