Back 32 Riveroak Drive
Off Market

32 Riveroak Drive

Murwillumbah NSW 2484

4
3
2
361 m²
1103 m²
House
Last sold for $1,112,500
Scott ReadingScott Reading, last sold this property on 04 November 2025 after 70 days on market.

Overview

DUAL OPPORTUNITY: FAMILY HOME OR SMART INVESTMENT

LIVE IN IT OR LEASE IT - THE CHOICE IS YOURS Currently tenanted at $940/week until November 2025, this versatile property offers two distinct pathways: continue as a high-yielding investment or move in and create your family legacy in one of Murwillumbah's desirable estates. __________________________________________ FOR THE FAMILY BUYER Your Forever Home Awaits. Picture yourself on the elevated balcony, morning coffee in hand, watching the sunrise paint the mountains while the kids play safely in the fully-fenced backyard below. This isn't just a house - it's where your family story unfolds. Space That Grows With You: • Four generous bedrooms including master retreat with walk-in robe and spa ensuite • Open-plan living flows seamlessly from kitchen to dining to that stunning mountain-view balcony • Teenage retreat downstairs - separate living area, kitchenette, bedroom and bathroom perfect for older kids or visiting grandparents • Large yard with rear access • Double garage plus driveway parking - no more street parking battles The Lifestyle Location: • Weekend adventures: Northern Rivers Rail Trail on your doorstep, nearest beaches approximately 20 minutes away • Growing up here: Safe streets, established families, community events that create lasting memories Why Hundred Hills: This isn't just any suburb - it's where Murwillumbah families aspire to live. Established homes, tree-lined streets, and that small-town community feel while still being minutes from everything. ________________________________________ FOR THE INVESTOR The Numbers That Matter • Current Return: $940 per week ($48,880 annually) • Rental Yield: 4.3% in today's market • Lease Security: Quality tenant, lease until November 2025 • Growth Drivers: Gold Coast proximity, hospital precinct development, infrastructure investment Why This Property Outperforms: • Dual living configuration = premium rental potential to multi-generational families • Hundred Hills address = attracts quality, long-term tenants • Low maintenance brick/tile = minimal ongoing costs • Established location = strong capital growth history Market Position: Murwillumbah is experiencing unprecedented growth. The new Tweed Valley Hospital, improved Gold Coast connectivity, and lifestyle migration are driving both rental demand and capital appreciation. Properties offering this level of flexibility and location are becoming harder to find. Investment Fundamentals: • No body corporate fees (freehold title) • Solar panels reduce tenant electricity costs (happy tenants stay longer) • Council rates: approx. $3,000/year • Land component: Large block with development potential for pool or granny flat (STCA) ________________________________________ PROPERTY SPECIFICATIONS ACCOMMODATION: • Upper Level: 3 bedrooms (master with WIR/ensuite), main bathroom, open-plan living/dining/kitchen, balcony • Lower Level: 1 bedroom with BIR, bathroom/laundry, kitchenette, large rumpus/entertaining area • Garage: Double lock-up with internal access • Storage: Multiple areas plus under house storage QUALITY FEATURES: • Construction: Brick veneer, Colorbond roof • Climate Control: Air conditioning, fire place, ceiling fans • Outdoor: North-facing backyard, covered entertaining, established gardens ________________________________________ YOUR NEXT STEP For Families: Arrange your private inspection and imagine your life unfolding in this special home. The current tenancy provides time to plan your move while the property generates income. For Investors: Review the rental history, inspect the property's condition, and secure this rare combination of yield and growth potential in a ideal location. Inspection: By appointment only (tenanted property) Don't let this dual opportunity pass - properties offering this flexibility in Hundred Hills are rarely available. Disclaimer: All information (including but not limited to the property area, floor size, price, address, distances and time travel time and general property description) is provided as a convenience to you, and has been provided to First National Real Estate Murwillumbah by third parties. Information should not be relied upon and you should make your own enquiries and seek legal advice in respect to all information about the property contained in this advertisement.

Features

4 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
361 m² floor area
1103 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Murwillumbah over the last 12 months, the estimated median property value of 32 Riveroak Drive is $1.12m.

Median value
$1.12m
Estimated value range
$680k - $1.65m
Median days on market
51
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Murwillumbah. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 32 Riveroak Drive

2025
Sold
$1,112,500
04 Nov 2025 by Scott Reading, of First National Real Estate - MURWILLUMBAH
2023
Rented
Undisclosed
Leased on 20 Nov 2023 by First National Real Estate - MURWILLUMBAH
2022
Sold
$975,000
28 Mar 2022 by Scott Reading, of First National Real Estate - MURWILLUMBAH

Happy sellers in Murwillumbah

93%
93% of sellers in Murwillumbah reported that their sale price either exceeded or met their price expectations.

Murwillumbah stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in Murwillumbah over the last 12 months.

Local market activity for 4 bedroom houses in Murwillumbah

In the last 12 months, 32 four-bedroom houses similar to 32 Riveroak Drive, have been sold.

This represents a 38% increase in four-bedroom houses sales when compared to the previous 12 months.

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