According to the OnTheHouse.com.au website, the median listing price of a home in Coffs Harbour in 2013 is $399k. That database site also reports that the median sale price in Coffs right now is $348,000.
As an investor or First Home Buyer why do you care about those figures?
Well quite simply because this Reid Drive property is significantly below both of those figures.
This means you can buy a good quality 3 bed brick home right in the heart of Coffs Harbour (North Boambee ) at a premium discount.
Get in to your first home or secure a very solid investment at the lower end of the price spectrum for Coffs Harbour. When the market rebounds you will be the winner.
Why is this property priced so competitively? The answer is because it is a deceased estate and categorically must be sold soon.
While the property is currently tenanted, vacant possession can be made available.
The combination of super convenient location, low price and a large but low maintenance backyard, make this property an attractive proposition.
Its a great buy for investors or those new home buyers who have a limited budget but still want to break free from the dreaded rent cycle.
Inspections are available 6 days a week (not Sundays) and out of respect for the tenant, we ask that all inspections be by appointment and with 48 hours prior notice.