SOLD BY IAN DUNBAR - YAMBA ILUKA REAL ESTATE
This very attractive and rarely available type of property is situated 10 minutes from Yamba with all it’s associated facilities and beautiful beaches.
Very well fenced and totally clear apart from the odd shade tree, the heavy river loam soils offer a diverse range of farming and livestock growing opportunities, from sugar cane production to orchard growing to breeding and fattening cattle. There are flood relief areas for stock during high inundation, and the present owner has provided great drainage for the property
The property has town water. Being absolute waterfront to Palmers Channel the opportunity to erect a wharf is only subject to Lands Department and Maritime/Fisheries approval – there are several wharves already erected within close proximity.
There are several suitable house sites available depending how close to the water you wish to be, and all have a view over Palmers Channel with one site requiring very little fill to meet Council flood level standards.
This farm would suit the retiree (has boat access), the hobby farmer (has several ways of obtaining an income), or for the growing family with it’s very private position and rural atmosphere, yet closeness to schools and work in the towns.
Inspection can be easily arranged by ringing Ian (0414 949 531)
Fast Facts about Palmers Island
The suburb of Palmers Island is located in the Local Government area of Clarence Valley and covers an area of approximately 34.9 Sq Km.
The surrounding suburbs include Palmers Channel, Wooloweyah and Yamba.
Currently, the median sale price of Houses, Units and Vacant Land in Palmers Island is $435,278 compared to $310,467 for the Local Government Area of Clarence Valley.
Local Amenities include a Club. There a Primary School.
In 2011, the population of Palmers Island was 370, with the main age group being people between 50 and 59 years of age.
Married people account for 75% of the population and households in Palmers Island are mainly Couples with no children.
There are approximately 136 dwellings, with the majority of these (86%) being house. 44.1% of properties in the area are fully owned, with 35.3% of the properties being purchased and 83% being owner occupied.
The largest segment of the population are Not in Labour Force, in general those in employment work as Managers with most people travelling to work by driving a car.