FOR SALE
$650,000

East Street
Bega NSW 2550

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 16.59ha
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41 ACRE CROPPING WITH IRRIGATION

This is an unparalleled opportunity to own 41 acres of the finest alluvial river flats in the Bega Valley with frontage to the Bega River.
The presence of 150 megalitre irrigation licence further enhances the efficiency and productivity for exceptional cropping.
AGENT'S COMMENTS: "A rare opportunity to own prime agricultural real estate on the edge of town. Straight river flats like this are few and far between and with the added value of 150 megalitres of irrigation, this is worth the wait. If you’re looking for a block for feed production, this is the best country in the district, look no further.”
NO DWELLING ENTITLEMENT

Property Details for Lot 3201 East St, Bega

Building Type
Land
Land Size
16.59ha

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About Bega 2550

The size of Bega is approximately 31.4 square kilometres. It has 19 parks covering nearly 2.6% of total area. The population of Bega in 2011 was 4,756 people. By 2016 the population was 4,674 showing a population decline of 1.7% in the area during that time. The predominant age group in Bega is 50-59 years. Households in Bega are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bega work in a labourer occupation. In 2011, 66.6% of the homes in Bega were owner-occupied compared with 61.7% in 2016.

Bega has 2,960 properties. Over the last 5 years, Houses in Bega have seen a 65.00% increase in median value, while Units have seen a 57.88% increase. As at 31 July 2024:

  • The median value for Houses in Bega is $602,247 while the median value for Units is $424,585.
  • Houses have a median rent of $530 while Units have a median rent of $340.
There are currently 53 properties listed for sale, and 7 properties listed for rent in Bega on OnTheHouse. According to CoreLogic's data, 130 properties were sold in the past 12 months in Bega.

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Paul Griffin
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LJ Hooker Bega
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.