94 Glencoe Road, North Arm NSW 2484

94 Glencoe Road, North Arm NSW 2484
Rural lifestyle | 20,000mยฒ with town water | 5 mins to Murwillumbah | Bushfire overlay present | Strong comparable support This property offers a rare combination of substantial land, town water, and proximity to both Murwillumbah and the Gold Coast, making it competitively positioned for buyers seeking a genuine rural holding without isolation. The brick construction, dual living areas, and recent kitchen and ensuite updates reduce immediate capital outlay, while the established fruit trees and permanent creek add lifestyle and potential small-scale productive use. The double garage and shed provide practical storage often missing on acreage. The property serves best as a permanent family home or a weekend retreat with future subdivision potential subject to council approval. Bushfire overlay is the primary risk, increasing insurance costs and potentially limiting some financing options, though this is common in North Arm and reflected in comparable pricing. The absence of flood risk and heritage constraints is favourable. The 2010 purchase price of $628,000 indicates significant capital growth, and current comparables at 48 and 98 Glencoe Road support the upper end of the guide. A buyer should hold for medium-term capital appreciation driven by land value and location, or use as a lifestyle property with rental income potential above $960 per week.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

North Arm presents a tightly held market defined by scarcity and steady capital appreciation. Demand is driven by families, reflected in the dominant 0โ€“9 age cohort and a high proportion of managers among residents, who possess elevated household incomes. The housing stock turns over infrequently, yet prices have risen notably, supported by a rental market with exceptionally low vacancy and firm yields. This suggests owner-occupier and investor interest is underpinned by lifestyle appeal and income stability rather than speculative pressure. Future growth is constrained by the limited supply of listings and the absence of major transport or infrastructure links, which may temper broader demand. Affordability risks remain moderate given the income profile, though rate sensitivity could emerge if borrowing conditions tighten further.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

3

Land

2.27 ha

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