OFF MARKET

694 Lochnaw Road
Binnaway NSW 2395

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7020000m2
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Property Details for 694 Lochnaw Rd, Binnaway

Building Type
Rural
Land Size
7020000m2
Local Government
Warrumbungle
Lot/Plan
5/DP182801

Last Listing description (March 2022)

'Morven' is a well located property, situated in the central west region of NSW, in an area well known for it's versatile mixed farming opportunities and high levels of livestock performance. 'Morven' is an arable property, offering predominantly basalt soils with a percentage of sandy loams interspersed. The farm has a history for the production of cereal grain, pulse, oats and lucerne crops as well as the capacity to finish livestock to meet prime market specifications.

Located in the Warrumbungles shire, just 27km to Binnaway and 39km to Coolah enables convenient access to a range of regional services. A school bus service is available at the junction with Warrumbungles Way just 7km from the property.


The property is subdivided into 21 paddocks with the opportunity to have stock water supplied by dams and a network of troughs fed from a long standing and reliable bore. 'Morven' has been destocked for several months and will be sold with a big body of grass. The arable land presents an attractive scattering of Kurrajong, White and Yellow Box trees.

The infrastructure comprises a decommissioned homestead that sits in a desirable location on the property within a fenced house yard with power, water and a septic connected. The working infrastructure includes a well maintained two stand electric woolshed, machinery and hay shedding, 7 silos, original cattle and sheep yards.

'Morven' has been held by the seller's families since 1938 and is offered for sale at auction in order to finalise the current owners partnership.

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Property History for 694 Lochnaw Rd, Binnaway, NSW 2395

A timeline of how this property has performed in the market
Last Sold
$2,600,000
25 Mar 2022
  • 25 Mar 2022
    Sold for $2,600,000
  • 14 Feb 2022
    Listed for Sale Auction
  • 05 Jul 2002
    Sold for $100,000
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About Binnaway 2395

The size of Binnaway is approximately 948 square kilometres. It has 2 parks covering nearly 4.1% of total area. The population of Binnaway in 2011 was 780 people. By 2016 the population was 606 showing a population decline of 22.3% in the area during that time. The predominant age group in Binnaway is 60-69 years. Households in Binnaway are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Binnaway work in a managers occupation. In 2011, 71.1% of the homes in Binnaway were owner-occupied compared with 71.1% in 2016.

Binnaway has 613 properties. Over the last 5 years, Houses in Binnaway have seen a 77.46% increase in median value, while Units have seen a 117.95% increase. As at 30 September 2024:

  • The median value for Houses in Binnaway is $157,585 while the median value for Units is $315,494.
There are currently 3 properties listed for sale, and no properties listed for rent in Binnaway on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Binnaway.

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