10 River Road, Palmers Island, NSW 2463 | Property Value & History | OnTheHouse
OFF MARKET

10 River Road
Palmers Island NSW 2463

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 1226m2
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Property Details for 10 River Rd, Palmers Island

10 River Rd, Palmers Island is a 4 bedroom, 2 bathroom House and was built in 1926. The property has a land size of 1226m2. While the property is not currently for sale or for rent, it was last sold in May 2009.

Building Type
House
Year Built
1926
Land Size
1226m2
Local Government
Clarence Valley
Lot/Plan
1/DP551579

Last Listing description (January 2021)

This unique parcel of land and amazing opportunity is situated on the far north coast of NSW, Just 8 minutes from the coastal township of Yamba. It boarders the village of Palmers Island and has over 200m of absolute water frontage to the mighty Clarence River. This property presents an excellent opportunity for both investors and developers to capitalize on the true potential of this site.
The Yamba/Lower Clarence area is statistically noted for having one of the best all round climates in Australia. Combine this with our spectacular tidal river and you have a mecca for yachting, fishing, water skiing, and other marine pleasures. Holiday makers triple the areas population over the Christmas period, enjoying our spectacular surf beaches and laid-back coastal lifestyle.
Whist in a rural setting, this property offers easy access to all of the above. The completion of the new Pacific Highway, due towards the end of 2020, makes the destination even more accessible, for those looking at enjoying a holiday with diverse opportunities.

The property consists of a level land area of 3.85Ha (7.87Acres), The site has been given Development Approval by the Clarence Valley Council, in May 2017, for the development of either of the following two options:
1. 56 cabin sites, 13 caravan sites, 11 caravan sites with private amenities, plus a camping area, giving a total of 109 accommodation sites. All of the above has access to the river front.
It can be constructed in two (2) stages and also comes with a substantial 2 storey 4-bedroom, two-bathroom managers residence, with great river views.
OR
2. Alternatively a 102-site caravan park, with 2 acres of camping area, has also been approved.
A floating pontoon (subject to Council Approval), would allow easy access to the river, and directly out to sea.
This property offers those seeking involvement in the tourist industry a great ground-floor opportunity to participate, at a very reasonable price.
Full details available from our office, and inspections can be organised at reasonably short notice Please call Ian Dunbar on 0414 949 531 or our head office on (02)66 462 400

Property History for 10 River Rd, Palmers Island, NSW 2463

A timeline of how this property has performed in the market
Last Sold
$3,200,000
19 May 2009
Listed for Rent
$600/w
04 Nov 2020
  • 15 Dec 2023
    Sold
  • 08 Apr 2020
    Listed for Sale $2,000,000 plus GST
  • 03 Oct 2014
    Listed for Sale $289,000
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About Palmers Island 2463

The size of Palmers Island is approximately 34.8 square kilometres. The population of Palmers Island in 2016 was 458 people. By 2021 the population was 482 showing a population growth of 5.2% in the area during that time. The predominant age group in Palmers Island is 60-69 years. Households in Palmers Island are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Palmers Island work in a managers occupation.In 2021, 86.30% of the homes in Palmers Island were owner-occupied compared with 80.10% in 2016.

Palmers Island has 243 properties. Over the last 5 years, Houses in Palmers Island have seen a 26.58% increase in median value, while Units have seen a 27.22% increase. As at 31 May 2026:

  • The median value for Houses in Palmers Island is $880,941 while the median value for Units is $426,987.
There are currently 2 properties listed for sale, and no properties listed for rent in Palmers island on OnTheHouse. According to Cotality's data, 10 properties were sold in the past 12 months in Palmers island.

Suburb Insights for Palmers Island 2463

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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.