OFF MARKET

Newfoundland Road
Bannaby NSW 2580

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1295000m2
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Property Details for Lot 172 Newfoundland Rd, Bannaby

Building Type
Land
Land Size
1295000m2
Local Government
Upper Lachlan Shire
Lot/Plan
172/DP750001

Last Listing description (October 2016)

Our motivated client has asked to offer this impressive rural bush retreat, which has been in the same hands for 25 years, for sale. This magical existence needs to be seen to be appreciated and is only 3 hours from Sydney. Two dwellings carefully hand built over time that both boast 2 good sized bedrooms that can sleep between 8 - 10 people. Both with combined lounge/kitchen area gas cooking & heating,bathroom, wood-fire heating and battery run power.
Outdoor we feature uninterrupted scenic views of vast mountain ranges, peace and quiet surrounds with only the sounds of the bush to worry about and many timeless moments which makes this property perfect as a family retreat or weekend getaway for large groups.
Affectionately known as 'Eagle Nest' retreat is located on the high ground with sweeping valley and mountain views &'Yellow Rock' retreat is located in the gully surrounding itself with dense bush nature and wildlife.

The property has the following notable features;
* Hunting/Shooting capabilities
* 321 Acres (130 hectares)
* 1.5klm x 1.5 klm
* 2 x Two bedroom dwellings
* Approved sheds
* Accessible only by four wheel drive(4WD)
* 3 x large 1500 gallon water tanks
* Full Kitchens w Fridge and gas stove's
* Gas cooking facilities
* Wood-fire heating and cooking/smoking
* Guinea-Cor Creek running through property
* Air conditioned
* Gas cooking (portable gas bottle)
* Rates Council $205pq & Rural board $823 per annum
To discuss this property further, please call Allan Odisho on 0404 448 484 anytime.

Property History for Lot 172 Newfoundland Rd, Bannaby, NSW 2580

A timeline of how this property has performed in the market
Last Sold
$230,000
25 Nov 2016
  • 25 Nov 2016
    Sold for $230,000
  • 02 Sep 2016
    Listed for Sale Not Disclosed
  • 13 Sep 1999
    Sold for $38,000

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About Bannaby 2580

The size of Bannaby is approximately 242.4 square kilometres. It has 1 park covering nearly 4.3% of total area. The population of Bannaby in 2011 was 211 people. By 2016 the population was 32 showing a population decline of 84.8% in the area during that time. The predominant age group in Bannaby is 40-49 years. Households in Bannaby are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bannaby work in a community and personal service occupation. In 2011, 83.3% of the homes in Bannaby were owner-occupied compared with 117.7% in 2016.

Bannaby has 190 properties. Over the last 5 years, Houses in Bannaby have seen a 173.76% increase in median value. As at 30 September 2024:

  • The median value for Houses in Bannaby is $1,023,831.
There are currently 3 properties listed for sale, and no properties listed for rent in Bannaby on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Bannaby.

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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.