FOR SALE
NEW PRICE - $795,000

747 Reardons Lane
New Italy NSW 2472

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 35.68ha
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95 ACRES - NEW ITALY BUILD YOUR DREAM HOME !

This property is ideally located in a flood free rural location, consisting of a very workable and manageable 35.86 hectares of land.
The property has historically been utilised for cattle grazing with a 25-30 breeder capacity. Subsequently the property is fully fenced and contains a set of steel and timber cattle yards adjacent to the road and divided into three paddocks. There is also a spring-fed dam and natural lagoons which provide stock water.
Its proximity to the coast and nearby villages is a definite advantage by offering conveniences, employment and education along with a tranquil rural setting. Distances include 7km to M1 on ramp (New Italy) , 13km to Woodburn village, 60km to Ballina and 139km to Gold Coast airport.
The greatest advantage is that the property contains a dwelling opportunity ! There are several picturesque building sites to chose from to build your dream home. Mains power is located at the front of the block and also crosses the property in the north eastern corner.
The property is a rare find in an area that usually has much bigger allotments and to have the ability to build a home is rarer still.
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Property Details for 747 Reardons Lane, New Italy

Building Type
Rural
Land Size
35.68ha

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About New Italy 2472

The size of New Italy is approximately 61.7 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of New Italy in 2011 was 296 people. By 2016 the population was 181 showing a population decline of 38.9% in the area during that time. The predominant age group in New Italy is 60-69 years. Households in New Italy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in New Italy work in a trades occupation. In 2011, 85.7% of the homes in New Italy were owner-occupied compared with 86.9% in 2016..

New Italy has 160 properties. Over the last 5 years, Houses in New Italy have seen a 65.54% increase in median value. As at 31 July 2024:

  • The median value for Houses in New Italy is $906,604.
There are currently 5 properties listed for sale, and no properties listed for rent in New italy on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in New italy.

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Darren Winkler
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T & W McCormack Pty Ltd
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