FOR SALE
Price Guide $2,150,000 to $2,300,000

71 Red Root Road
Pillar Valley NSW 2462

Bedrooms: -
Bathrooms: -
Car spaces: 6
Land area: 1034.83ac
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Large Cattle and Cropping Farm close to the Coast and the Clarence River

Somervale Station is one of the largest cleared land holdings on the eastern side of the Clarence River, adjoining State Forest and the Yuraygir National Park.
An icon in the local rural sector, historically owned by a pioneering cattle grazing family, running approx. 220 head comfortably, the property has now transitioned toward a multi-use farming enterprise where there is scope for much, much more.
Consisting of approx. 1034 acres in 15 separate titles, there is good road access to the property and there are major watering holes via springs, large billabongs and water reserves.
Two sets of cattle yards service the property and there is a new 4 bay colorbond shed and container set up for storage of equipment and machinery and personal amenity.
In recent years a Macadamia orchard has been planted in the front section of the property, which are close to maturity and soon to begin producing a crop, where the returns will begin after the hard work in the last 5 years.
Significantly, the land not only holds agricultural value and productivity potential, but is also, due to it's proximity to the National Park, a place where the Coastal Emu grazes and provides sanctuary while nesting and raising chicks.
Nature lovers and livestock growers both will appreciate the natural beauty of the property where stands of native timber have been left for wildlife and birds and many water holes and creeks service the land.
Fences are mainly in good order or new and much of the land is currently leased to a local cattle grower.
The old hut, still standing near-by, which provided a getaway for the workers, is a wonderful piece of history.
Running north to Shark Creek from the fringe of the Pillar Valley, this is one of the most impressive agricultural properties, yet to reach full potential, in the Clarence Valley.
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Property Details for 71 Red Root Rd, Pillar Valley

Building Type
Rural
Land Size
1034.83ac

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About Pillar Valley 2462

The size of Pillar Valley is approximately 196.3 square kilometres. It has 5 parks covering nearly 30.3% of total area. The population of Pillar Valley in 2011 was 349 people. By 2016 the population was 301 showing a population decline of 13.8% in the area during that time. The predominant age group in Pillar Valley is 60-69 years. Households in Pillar Valley are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Pillar Valley work in a community and personal service occupation. In 2011, 81.8% of the homes in Pillar Valley were owner-occupied compared with 89.6% in 2016.

Pillar Valley has 241 properties. Over the last 5 years, Houses in Pillar Valley have seen a 85.27% increase in median value, while Units have seen a 13.43% increase. As at 30 November 2024:

  • The median value for Houses in Pillar Valley is $893,300 while the median value for Units is $431,859.
There are currently 4 properties listed for sale, and no properties listed for rent in Pillar valley on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Pillar valley.

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Fiona Beamer
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