396 Conadilly StreetGunnedah NSW 2380
Property Details for 396 Conadilly St, Gunnedah
Last Listing description (December 2024)
Ideal investment opportunity presents itself with the sale of 396 Conadilly St, Gunnedah situated on 2,024sqm with an R3 Medium Density Residential allotment. Further, all the hard work has been done with a current DA approval for an 8 x 2 bedroom strata unit complex.
With vacancy rates sitting at record low levels, this outstanding development is perfectly positioned and designed to service this increasing housing demand.
Not to be missed and priced for immediate sale.
• Designed as a strata allowing for individual sale
• High yielding investment potential with expected rental returns of $430 - $450 per week
• Build without the strata for a long-term investment, with rental returns of up to $187,200 per year
• Flat level block well suited for development
• Close to shops, schools, parks, pubs and clubs
A turn-key ready development, perfectly situated and designed to address the housing shortage with these ideal unit complex. Positioned and priced for immediate sale, contact Hennessy Real Estate on 6742 3001 today.
Property History for 396 Conadilly St, Gunnedah, NSW 2380
- 13 Dec 2024Sold for $278,000
- 23 Sep 2024Listed for Sale $285,000 - $310,000
- 23 Apr 2021Sold for $175,000
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0About Gunnedah 2380
The size of Gunnedah is approximately 519.0 square kilometres. It has 36 parks covering nearly 7.1% of total area. The population of Gunnedah in 2016 was 9726 people. By 2021 the population was 10359 showing a population growth of 6.5% in the area during that time. The predominant age group in Gunnedah is 0-9 years. Households in Gunnedah are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gunnedah work in a machinery operators and drivers occupation.In 2021, 65.40% of the homes in Gunnedah were owner-occupied compared with 63.00% in 2016.
Gunnedah has 5,867 properties. Over the last 5 years, Houses in Gunnedah have seen a 82.40% increase in median value, while Units have seen a 46.91% increase. As at 30 November 2025:
- The median value for Houses in Gunnedah is $520,190 while the median value for Units is $343,027.
- Houses have a median rent of $520 while Units have a median rent of $440.
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