220/221 River Street, Greenhill, NSW 2440 | Property Value & History | OnTheHouse
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220/221 River Street
Greenhill NSW 2440

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 10400m2
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Property Details for 220/221 River St, Greenhill

Building Type
Land
Land Size
10400m2
Local Government
Kempsey

Last Listing description (February 2026)

An extremely rare opportunity and an extremely lucrative opportunity.
Rare in that, in 22years of selling here in the Macleay Valley, this is the first time I've seen R3 land on offer.

Offered only as a package you buy the 3, then you can sell off any lot/s you don't need if you wish.

Build one dwelling on each block or build multiple, that's up to you. Build your house by house, over years or all at once, your choice.

What an amazing opportunity.

- R3 Medium Density zoning
- 10, 421sqm in total
- Lot 218 2,428sqm
- Lot 220 1,328sqm
- Lot 221 6,665sqm
- Flood-free site
- Council roads on 3 sides
- Power, town water, sewer services directly available from adjacent road reserve
- Kempsey Hospital 1km
- West Kempsey shopping 2km
- Kempsey town center shopping 3km

Recent government reforms:
What is the difference between R2 and R3 zoning in NSW? R2 zoning allows for low-density housing (single-family homes), while R3 permits medium-density housing (townhouses and apartments).

Kempsey Shire Council's R3 zoning stands for Medium Density Residential, which allows for the development of housing like townhouses, duplexes, and low-rise apartments to accommodate population growth. This zoning is part of the Kempsey Local Environmental Plan 2013, and rules for development are further detailed in the Kempsey Shire Council's Development Control Plan (DCP) and other planning documents. Recent state government reforms may also open up new opportunities for multi-dwelling development in R3 zones under certain conditions.

What it means:
Purpose: The R3 zone is designed to encourage a mix of housing options to meet the needs of a growing population.
Development: It permits a range of housing types, such as villas, townhouses and low-rise apartment buildings.

Governing documents: The R3 zoning and its development requirements are governed by the Kempsey Shire Council's local planning policies and the state's environmental planning instruments.

Where to find more information:
Local Planning Documents: For specific details on what is permitted in an R3 zone, you should consult the Kempsey Shire Council's Development Control Plan (DCP) and the Kempsey Local Environmental Plan 2013.

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Property History for 220/221 River St, Greenhill, NSW 2440

A timeline of how this property has performed in the market
  • 19 Feb 2026
    Listed for Sale $1,000,000 + GST
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About Greenhill 2440

The size of Greenhill is approximately 7.7 square kilometres. There are 2 parks, covering nearly 0.1% of the total area. The population of Greenhill in 2016 was 731 people. By 2021 the population was 757 showing a population growth of 3.6% in the area during that time. The predominant age group in Greenhill is 10-19 years. Households in Greenhill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Greenhill work in a community and personal service occupation.In 2021, 63.80% of the homes in Greenhill were owner-occupied compared with 60.70% in 2016.

Greenhill has 307 properties. Over the last 5 years, Houses in Greenhill have seen a 41.70% increase in median value. As at 31 May 2026:

  • The median value for Houses in Greenhill is $472,931 while the median value for Units is $435,056.
  • Houses have a median rent of $355.
There are currently 3 properties listed for sale, and no properties listed for rent in Greenhill on OnTheHouse. According to Cotality's data, 15 properties were sold in the past 12 months in Greenhill.

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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.