223 Riverbend Road, Kungala NSW 2460

223 Riverbend Road, Kungala NSW 2460
31.28 ha rural holding | 3-bed 1-bath acreage | 4-car capacity | Lifestyle privacy focus | Low-liquidity market A substantial 31.28-hectare parcel is held by the property, which is rare in Kungala’s acreage market for combining size with a 3-bedroom dwelling. A semi-rural character is presented, appealing to buyers seeking privacy and land ownership over suburban convenience. Practical capacity for hobby-farm equipment is offered by the 4-car space. This property is best suited to lifestyle purchasers, hobby farmers, or rural downsizers looking for a genuine landholding rather than a standard house block. Value may be influenced by the condition and age of the dwelling, which are not publicly detailed. The extensive land size might be appealing to niche buyers, but low liquidity could limit market competition. Opportunities to subdivide or develop, if permitted, may be seen as upside, while fencing and water access might affect usability. Buyers should weigh these factors when forming a price view. >> Comparable Sales: 341 Kungala Road sold $780k | Property Price Band: $1.3M–$1.4M | Value Drivers: land size, privacy, rural character
Detailed Independent Property Report prepared  by PropCred Analyst team for 223 Riverbend Road, Kungala NSW 2460
Checks found:
Value Risk âś“
Liquidity Risk âś“
Planning Risk ! 1
Income Risk âś“
Execution Risk ! 1
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Market Insight

Kungala occupies a niche position as a low-turnover rural locality in the Clarence Valley hinterland, with demand driven predominantly by owner-occupiers and farming households seeking a quiet lifestyle within reach of Grafton’s services. The market is characterised by sparse transaction activity, yet long-term house values have shown substantial appreciation, reflecting the scarcity of available stock. Future growth is anchored by this limited supply and the enduring appeal of rural living, though the market’s thin sales data and low liquidity temper price transparency and introduce rate sensitivity for prospective buyers.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

4

Land

31.28 ha

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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