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22 Driftwood Boulevard, Old Bar$565,000
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22 Driftwood Boulevard

Old Bar, NSW 2430, Australia
$565,000
831 m²

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About this property

Positioned within the Emerald Fields Estate, 22 Driftwood Boulevard presents an outstanding opportunity for developers, investors, and builders looking to capitalise on the strong demand for quality housing in Old Bar. Set on a generous 831.3sqm* block, this premium site comes complete with DA approval for a triplex development comprising three well designed two-bedroom units, allowing you to fast-track your next project and avoid the lengthy approval process. Adding further appeal, water meters have already been installed, while the Construction Certificate is reliant upon developer contributions being paid to MidCoast Council, providing a clear pathway towards commencement. Located in one of Old Bar's newest and residential estates, the property enjoys convenient access to local amenities and the stunning coastline that has made the area so popular with both residents and investors. Features include: ⢠DA approved triplex development site ⢠Approved for three, two bedroom units ⢠Generous 831.3sqm* parcel of land ⢠Water meters already installed ⢠Situated within the popular Emerald Fields Estate ⢠Strong potential for investment or development returns ⢠Estimated rental return $1,600 - $1,700 per week Conveniently located approximately: ⢠3 minutes' drive to Old Bar town centre ⢠4 minutes' drive to Old Bar Beach ⢠2 minutes' drive to Old Bar Public School Development-ready opportunities of this calibre are becoming increasingly difficult to secure. Whether you're looking to build and retain, sell individually, or expand your development portfolio, this is a project with the groundwork already in place. Disclaimer: All information contained therein is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries. *Approximate areas, distances, times

Property Details

Property Type
land
Listing Type
For Sale
Land Area
831 m²
Listed
3 weeks ago

Repayment calculator

$2,739/month
$1,370 /fortnight
Loan $452,000 at 6.10% over 30 years

Upfront costs

Deposit$113,000
Stamp duty$16,687
Conveyancing (est.)$2,000
Total upfront$131,687
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Old Bar

This land in Old Bar, NSW 2430 sits within reach of public transport, local shops and nearby schools. It is listed 31% below the $815,000 median of 69 comparable landswithin 5 km.

Schools near Old Bar

  • Old Bar Public Schoolprimary · K-6 · CoEd

What's nearby

  • Medowie Rd after Old Bar Rd (bus)752 m away
  • Bottle Shop953 m away
  • Charles Boyce Park667 m away
  • Blue Ocean Estate Park729 m away
  • Cable Park739 m away

Old Bar at a glance

Full suburb profile
Population
5,126
Median age
50
Household income
$1,170/wk
Median rent
$358/wk
Median mortgage
$1,690/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Old Bar price trend

Median sold · House 3 bed

Compound growth +4.3% / yr over 4 yrs

$733kcurrent median

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Price history

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