FOR SALE

86 Oil Tree Lagoon Road
Balldale NSW 2646

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 24493m2
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Property Details for 86 Oil Tree Lagoon Rd, Balldale

Building Type
Rural
Land Size
24493m2
Local Government
Federation
Lot/Plan
2/DP555713

Last Listing description (November 2024)

To be offered in two (2) lots Lot 1 being Caloola and Lot 2 being Fords

LOT 1 CALOOLA

Area:

591 acres 239HA Approximately

Location:
Situated in the mid-southern part of the Riverina in New South Wales. Situated 15 km from Corowa and 50 kms to Albury Wodonga. Just 45 minutes to Albury Airport

Residence:
Refurbished solid concrete brick Homestead (circa early 1900s) with iron roof and 2.3 m verandas surrounding home. Many original features of the era remain. These include Murray pine floorboards, cornices and ceiling roses. The home comprises three (3) double bedrooms with built in robes in two (2). Spacious fully refurbished family bathroom. Wide hallway and entrance which is typical of the era. The light and airy open plan living includes formal lounge room with bay window overlooking the garden and a slow combustion wood heater surrounded by an outstanding marble fire place. The country style 2 Pac kitchen has ample bench space, storage cupboards and drawers, double pantry, electric cooking and dishwasher. The adjoining meals/dining area has doors to the rear veranda and entertainment area. The huge undercover entertainment area has awnings to protect from weather and the western sun. Adjoining this are the original outbuildings for the home which have been cleverly renovated to include a large office, laundry, bathroom. An extra outside toilet adds to the list of improvements.

Garden and surrounds:
Caloola garden has been lovingly created by the current vendors to provide a spacious park like haven surrounding the home. On entering the property, a welcoming avenue of established Cleveland Pears lead to the residence and garden. The entrance and circular driveway are all of asphalt construction and provide all weather entry to the property. The spacious lawns surrounding the home are mixed with both structured gardens and informal gardens. An attractive variety of trees and shrubs include crab apple trees, palms, deciduous trees, weeping mulberry and crab apples. Hedging areas and garden beds provide garden rooms for relaxing and enjoying.

Land:
Can be described as gently rising red loam country which has been well cared for over a long tenure with current landowner. With excellent internal sub divisional fencing and laneway system making the management of the property a simple process. Pastures consists of a mixture of rye, clover and lucerne in several paddocks as well as a small number of native pastures. Caloola has had regular fertilizer history with 100kg per Ha of single super every second year over the tenure.

Water:
Water can be described as permanent with reliable dams throughout as well as town water supplied to a trough system to majority of paddocks and home, gardens and surrounds.

Utilisation:
Currently being utilized as a mixed farming property with its main focus on cattle breeding and fattening, although would suit any larger rural pursuit (sheep, cattle, cropping). Six (6) separate titles with road access gives the next owner the flexibility to subdivide or split ownership into the future.

Working improvements:
Single car garage with outside toilet
Dog runs x3
Large garden /storage shed
Three (3) bay machinery shed
Lock up workshop with cool room
Drench shed
Caravan shed with skillions/carport on either side
Covered steel cattle yards with water and power.
Calf rearing shed
Pig sheds
Poultry run
Three (3) stand shearing shed with attached sheep yards
The working improvements on Caloola are in excellent condition.

LOT 2 FORDS

Area:
150 acres 60HA freehold + 25 acres 10HA leasehold (175 acres total approximately)

Land:
Is an outstanding rural parcel of 150 acres (approx). can be described as well drained red loam country with established pastures (rye and clover). Fords has had regular inputs over the current tenure being 100kg per Ha of single super every second year. Fenced into two (2) paddocks and a small tree lot as well as a ten (10) acre lease included in the holding. Two (2) large catchment dams gives the block security through the dryer months.

Title description:
Lots 1-2 DP 1042765 and lot42 DP 1084468 and Lot 4 DP 114442 and Lot2 DP 555713 and lots 24,62,72-73 DP 753745

Shire:
Federation (South Caloola) and Greater Hume (Fords North)

Property History for 86 Oil Tree Lagoon Rd, Balldale, NSW 2646

A timeline of how this property has performed in the market
Last Sold
$15,000
14 Nov 1997
  • 20 Sep 2024
    Listed for Sale AUCTION FRIDAY 1/11/2024, 11AM ON SITE
  • 14 Nov 1997
    Sold for $15,000
  • 15 Feb 1993
    Sold for $78,838

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About Balldale 2646

The size of Balldale is approximately 191.5 square kilometres. The population of Balldale in 2011 was 395 people. By 2016 the population was 155 showing a population decline of 60.8% in the area during that time. The predominant age group in Balldale is 60-69 years. Households in Balldale are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Balldale work in a managers occupation. In 2011, 81.5% of the homes in Balldale were owner-occupied compared with 83% in 2016..

Balldale has 177 properties. Over the last 5 years, Houses in Balldale have seen a 73.46% increase in median value. As at 31 October 2024:

  • The median value for Houses in Balldale is $258,086.
There are currently 1 property listed for sale, and no properties listed for rent in Balldale on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Balldale.

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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.