5/476 Long Gully Road, Drake, NSW 2469 | Property Value & History | OnTheHouse
 
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5/476 Long Gully Road
Drake NSW 2469

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Property Details for 5/476 Long Gully Rd, Drake

Building Type
Rural
Local Government
Tenterfield

Last Listing description (June 2024)

TEA TREE CREEK MAGIC

* Set on 42.26 ha or just over 104 acres, the property has beautiful gullys, pockets of rainforest and a high set area at the front with a great house sites. ( subject to submitting a DA )
* Tea Tree creek meanders through the side of the property as does a fork of springs, creek having around 1.4 kms of frontage.
* There is good tall stands of natural hardwoods throughout with a future nestegg once they reach millable size, the property has an abundance of wildlife as it is in close proximity to the rain forested National Park.

* The property is also in the radius to subdivide and 2 blocks could be potentially split off subject to submitting a DA/ retain the area and enjoy a return from the sale.
* A 10 minute drive to gold pan or swim at Macleods Creek or in the beautiful mighty Rocky River.
* This area is fully off grid, starlink and nbn are available to install in the area, to enjoy phone reception and internet.
* The property has been owned but untouched by the current owner for many years, and is reluctantly being sold.
* This property has a superb position and is less than 5 kms from the highway and in close proximity to the village of Drake , yet quite private and frontage to a sealed road.

* Agent discloses bush fires in 2019.

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Property History for 5/476 Long Gully Rd, Drake, NSW 2469

A timeline of how this property has performed in the market
  • 03 Jun 2024
    Sold for $335,000
  • 27 Mar 2024
    Listed for Sale $350,000
  • 19 Sep 2023
    Listed for Sale $385,000
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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 315 properties. Over the last 5 years, Houses in Drake have seen a 89.12% increase in median value. As at 31 December 2025:

  • The median value for Houses in Drake is $506,502 while the median value for Units is $513,978.
There are currently 8 properties listed for sale, and no properties listed for rent in Drake on OnTheHouse. According to Cotality's data, 8 properties were sold in the past 12 months in Drake.

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