107 Settlers Way, South Kempsey, NSW, Australia
Data last updated: 09 Aug 2025
Current Market Valuation
Estimated market value: $788,000
Notes: Estimated value for 107 Settlers Way is $788,000 (Property.com.au). The median sold price for houses in South Kempsey over the last year is $407,500 - $415,000, and the median value is $441,000 [2, 4, 6, 8]. The property is specifically noted as residential land and a 'boutique estate' lot, which might explain the difference from general suburb median house prices .
Purchase History
26 Feb 2025 - $450,000
26 Aug 2024 - Sold (price not specified)
22 Mar 2024 - Sold (price not specified)
1 Sep 2021 - $840,000
Property Details
Type:
Residential Land
Bedrooms:
0
Bathrooms:
0
Land (sqm):
10117
Car/Garage:
0 (Vacant land)
Estimated weekly rent:
$475 - $490 per week
Estimated rental income based on available property data. South Kempsey average rental yield for houses is 5.6% - 5.78% [2, 4, 5, 8].
Rental vacancy rate:
South Kempsey has 9 properties available for rent, and the Kempsey region has a current vacancy rate of 0.41% .
Council rate:
Approx $2,417 pa
Water rate:
Not explicitly found for this property. Typical residential water bill for Kempsey Council is $721.66 (average for council area) .
Strata fee:
N/A (Likely not applicable as it is a land parcel, not a strata property).
Home and content insurance price:
Not available from public search results.
Zoning Information
LGA:
Kempsey Shire Council
Zoning:
Residential Land (Implied)
Bushfire:
Detected
Flood:
Not detected
Heritage:
Not detected
Potential Developments in the Area
State Government:
Oven Mountain Pumped Hydro Energy Storage project (proposed near Macleay River, between Armidale and Kempsey) .
Kempsey Road project (Armidale) - restoration of 45km of Kempsey Road .
Local Government:
Kempsey Shire Council has adopted a large capital works budget for 2023-24, including significant investment in roads, water and sewer infrastructure projects (e.g., Stuarts Point Sewerage Scheme, Crescent Head Water Treatment Plant) .
Proposals for large scale residential development on the outskirts of Stuarts Point (not a Council project, but noted) .
Master plan and social plan prepared for South Kempsey by SJB Urban in collaboration with Kempsey Shire Council and Housing NSW to address community needs and barriers to services .
Location 107 Settlers Way, South Kempsey, NSW, Australia
What's Nearby
Education
Transportation
Angus McNeil Cres after Lachlan St - Bus Stop (Bus routes: 151, S766, S770, S772, S765)
Kempsey Station - Train (North Coast Line, connects to Sydney and Brisbane)
Suburb Performance
Median Price History
Median prices for houses in South Kempsey have shown strong growth over the past year.
July 2024 - July 2025 | $407,500
Last 12 months (YIP) | $398,750
Last 12 months (Another Source) | $415,000
2021 | $320,000 (approx. from chart)
2022 | $350,000 (approx. from chart)
2023 | $370,000 (approx. from chart)
2024 | $400,000 (approx. from chart)
12-Month Growth Insight
South Kempsey has seen an annual compound growth rate of 17.1% for houses .
Houses have seen 20.83% growth in the past 12 months .
Median sale price change (1yr) for houses is 23.9% .
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