FOR SALE
$545,000

7 Burrell Lane
Forest Reefs NSW 2798

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 20000m2
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LIFESTYLE BLOCK CLOSE TO MILLTHORPE

:: Short drive to Orange, Millthorpe and Cadia
:: Lovely rural setting
:: Building on other blocks has commenced
This great 2.0 Ha (5 acre) block is ready to build on and has a sealed driveway right to the property. The block has got bore water available on site, three phase power, and rural fencing including gates. The lovely block is only a very short drive to Millthorpe and Orange and is one of 14 surronded by farmland.
• Registered and ready to build on
• Communal bore with water installed on the block for stock and garden use
• Three phase power to block
• Fencing and gates installed
• Only 7 minute drive to Millthorpe
• Sealed road to front gate

Property Details for 7 Burrell Lane, Forest Reefs

Building Type
Land
Land Size
20000m2

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About Forest Reefs 2798

The size of Forest Reefs is approximately 68.7 square kilometres. It has 1 park covering nearly 11.1% of total area. The population of Forest Reefs in 2011 was 465 people. By 2016 the population was 515 showing a population growth of 10.8% in the area during that time. The predominant age group in Forest Reefs is 0-9 years. Households in Forest Reefs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forest Reefs work in a professional occupation. In 2011, 78.9% of the homes in Forest Reefs were owner-occupied compared with 84.6% in 2016.

Forest Reefs has 249 properties. Over the last 5 years, Houses in Forest Reefs have seen a 86.01% increase in median value. As at 30 November 2024:

  • The median value for Houses in Forest Reefs is $1,424,537 while the median value for Units is $690,666.
There are currently 6 properties listed for sale, and no properties listed for rent in Forest reefs on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Forest reefs.

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Chris Tyack
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Blowes Real Estate - Orange
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