OFF MARKET

1971 Boorolong Road
Boorolong NSW 2350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8890700m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 1971 Boorolong Rd, Boorolong

Building Type
Rural
Land Size
8890700m2
Local Government
Armidale Regional
Lot/Plan
6/DP755810

Last Listing description (July 2023)

"Olmo" 1971 Boorolong Road, Armidale NSW - 889ha (2,197ac)

Olmo is a well-regarded and productive grazing property situated just 19 km from the cool climate regional city of Armidale. Lifestyle conveniences include mail delivery, a school bus service to the front gate and bitumen road frontage. This property (held in the family for 60 years) has benefited enormously from a long term commitment to regenerative management practices

The property has been fenced into 38 paddocks to facilitate time-controlled rotational grazing. 15,000 native trees and shrubs have been planted and two old growth remnants fenced off to provide a mosaic of diverse habitat throughout the property, enhancing biodiversity, improving livestock production and providing significant shelter for livestock. Five farm dams have been fenced off and planted out, improving water quality for stock and offering a haven for native birds, mammals, beneficial insects and reptiles.

The structural improvements on Olmo include a graceful four bedroom homestead which features high ceilings, an open plan kitchen/dining area, a large lounge room, separate sitting room, office and two bathrooms. The large bedrooms are all fitted with built-in wardrobes. The house is nestled in a protected and private setting and an elegant bull-nosed verandah wraps around the house on three sides. Further accommodation is supplied via a three bedroom cottage which presents in basic condition. The working improvements include a four-stand electric woolshed with attached sheep yards where a triple drenching race, draft yard and force are under cover. The steel and timber cattle yards are in good working order and are fitted with an excellent vet crush.

Water is a feature of Olmo, with reliable reserves of high quality water for livestock. Water is supplied from numerous sources including Tom's Gully and Two Mile Waters as well as numerous purpose-built dams with scale positioned in strong catchments. A large spring-fed dam is equipped with a solar pump to deliver water to a 55,000 L storage tank, which reticulates water under gravity to a network of 24 troughs throughout the property.

Historically both a self-replacing sheep flock and cattle herd have been successfully run on Olmo. Cattle only have been carried on the property in more recent times. The property is estimated to carry approximately 440 breeding cows or 6,600 DSE as an average level of production. Olmo is very conservatively stocked at present: the new owner will benefit from the abundance of grass on offer.

Olmo comprises a range of soils including basalt, trap and granite. Perennial pastures have been planted over time with the property currently comprising a balanced mix of native and introduced grass species, clovers and forbs.

The property has been thoughtfully managed and developed over a lengthy period of time to promote a wide variety of pasture species, excellent ground cover and significant biodiversity with plentiful reserves of clean water.

Property History for 1971 Boorolong Rd, Boorolong, NSW 2350

A timeline of how this property has performed in the market
Last Sold
$8,100,000
16 Jun 2023
Listed for Rent
$310/w
15 Dec 2020
  • 16 Jun 2023
    Sold for $8,100,000
  • 08 May 2023
    Listed for Sale Expressions of Interest Close 16 June 2023 @ 2pm
  • 16 Oct 2020
    Listed for Rent $310 / week
Sign in to see more transactions

Commute Calculator

About Boorolong 2350

The size of Boorolong is approximately 278.2 square kilometres. It has 2 parks covering nearly 6.6% of total area. The population of Boorolong in 2011 was 185 people. By 2016 the population was 84 showing a population decline of 54.6% in the area during that time. The predominant age group in Boorolong is 50-59 years. Households in Boorolong are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Boorolong work in a managers occupation. In 2011, 52.9% of the homes in Boorolong were owner-occupied compared with 82.1% in 2016..

Boorolong has 44 properties. As at 31 October 2024:

  • The median value for Houses in Boorolong is $750,450.
There are currently no properties listed for sale, and no properties listed for rent in Boorolong on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Boorolong.

Suburb Insights for Boorolong 2350

Market Insights
Boorolong Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Boorolong Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.