OFF MARKET

500 Maitlands Lane
Barmedman NSW 2668

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5056000m2
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Property Details for 500 Maitlands Lane, Barmedman

Building Type
Land
Land Size
5056000m2
Local Government
Bland
Lot/Plan
16/DP750638

Last Listing description (March 2024)

'Allambie' is a 505ha (1,250 acre) highly arable cropping property located approx 8km north of Barmedman and 20km south of West Wyalong.

Featuring long paddocks with very few trees within the paddocks, 'Allambie' makes for simple and efficient modern farming. The property has a mixture of soils with a lighter loam on the western end morphing into heavier mutching clays on the eastern end.

The property is surrounded by roads on three of its boundaries making it easily accessible throughout all seasons. The homestead and sheds are located on the western end of the property approx 2km from the Goldfields Way.

The 4 bedroom weatherboard homestead features a recently renovated kitchen and bathroom, as well as a new roof. Town water is connected to the house as well as the sheds.

Other infrastructure includes:

• 3 stand shearing shed with steel sheep yards
• 2 60ft x 30ft machinery sheds
• 3 x 40t self emptying Kotzur silos
• 1 HE 60t self emptying silo
• Garage

Summary:

'Allambie' is a well known and highly respected property in the Barmedman district. Currently the property is leased with the current lease finishing up at the end of the year. A further approx 385 acres next door is available to lease to the successful purchaser.

Sales Process:

'Allambie' is being offered for sale through a two-stage Expression of Interest process. The first stage will run until 10:00 am on Wednesday 30th August and will seek non-binding offers from interested parties. Stage two will be a period of price discovery and negotiation between the vendor and interested parties with the aim of acceptance of a fully binding offer by the vendor.

Property History for 500 Maitlands Lane, Barmedman, NSW 2668

A timeline of how this property has performed in the market
Last Sold
$3,248,232
17 Nov 2023
  • 17 Nov 2023
    Sold for $3,248,232
  • 18 Jul 2023
    Listed for Sale Not Disclosed
  • 25 May 2016
    Sold

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About Barmedman 2668

The size of Barmedman is approximately 716.3 square kilometres. It has 3 parks covering nearly 1.2% of total area. The population of Barmedman in 2011 was 404 people. By 2016 the population was 451 showing a population growth of 11.6% in the area during that time. The predominant age group in Barmedman is 0-9 years. Households in Barmedman are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Barmedman work in a managers occupation. In 2011, 77.4% of the homes in Barmedman were owner-occupied compared with 82% in 2016.

Barmedman has 464 properties. Over the last 5 years, Houses in Barmedman have seen a 52.27% increase in median value, while Units have seen a -9.51% decrease. As at 31 October 2024:

  • The median value for Houses in Barmedman is $170,164 while the median value for Units is $280,081.
There are currently 3 properties listed for sale, and no properties listed for rent in Barmedman on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Barmedman.

Suburb Insights for Barmedman 2668

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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.