FOR SALE
$1,850,000

3897 Bundarra Road
Inverell NSW 2360

Bedrooms: 8
Bathrooms: 3
Car spaces: 5
Land area: 150ha
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'A Unique Rural Property'

Ray White Inverell proudly offers 'For Sale' A Unique Rural property consisting of 149.8 hectares (370 acres) of fertile basalt soils only 7kms South of the Inverell CBD.
Improvements include the original Homestead dating back to the late 1800's 5 bedroom with ensuite, a second home being a three bedroom weatherboard cottage currently leased, older stock yards and machinery shed. Water is a feature across the property with town water available along the front boundary, creek frontage, spring fed holes, dams, an equipped well, solar system pumping to reticulated troughs.
Fenced into 6 paddocks plus holding paddocks. 89 hectares (219 acres) acres has been cultivated in a crop rotation. The balance is soft grazing country with native grasses, clovers and legumes. Timber is Box, Apple and Gum.
The current owners have successfully run the property as a productive rural enterprise since 1968 and reluctantly offer the property 'For Sale' to 'Finalise The Family Estate'. The property is ideally suited as a 'Rural Enterprise' for cattle, sheep and fodder cropping. But has potential in the long term as it is in 6 Lots which are currently Zoned R5 Large Lot Residential 4 H/A allotments. There are several outstanding elevated homes sites with extensive views to the North East ideally suited to building your dream home in the future.
Situated only 7 kms to the Inverell CBD, 1km to Inverell Golf Course and 2.4kms to the village of Gilgai. Extensive main road frontage to the Bundarra Road making the property ideal for a stud operation or similar high production enterprise.
For further Information contact Ron Berkley 0417-612 660 or Tyler Berkley 0455-681 002 of Ray White Inverell 02-6722 3000.
Disclaimer: All information disclosed herein has been provided from sources we believe to be reliable however we cannot guarantee its accuracy. It is respectfully advised that interested parties carry out their own due diligence.

Property Details for 3897 Bundarra Rd, Inverell

Building Type
Rural
Land Size
150ha

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About Inverell 2360

The size of Inverell is approximately 208.6 square kilometres. It has 25 parks covering nearly 6.2% of total area. The population of Inverell in 2011 was 11,399 people. By 2016 the population was 11,682 showing a population growth of 2.5% in the area during that time. The predominant age group in Inverell is 0-9 years. Households in Inverell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Inverell work in a labourer occupation. In 2011, 65.2% of the homes in Inverell were owner-occupied compared with 61.9% in 2016.

Inverell has 6,498 properties. Over the last 5 years, Houses in Inverell have seen a 63.44% increase in median value, while Units have seen a 38.34% increase. As at 31 August 2024:

  • The median value for Houses in Inverell is $356,674 while the median value for Units is $277,436.
  • Houses have a median rent of $380 while Units have a median rent of $300.
There are currently 98 properties listed for sale, and 30 properties listed for rent in Inverell on OnTheHouse. According to CoreLogic's data, 271 properties were sold in the past 12 months in Inverell.

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Ron Berkley
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Tyler Berkley
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Ray White Rural Inverell
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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.