SOLD
Sold on 01 Oct 2024 for $1,100,000

501 Callaghans Creek Road
Bundook NSW 2422

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1137000m2
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Property Details for 501 Callaghans Creek Rd, Bundook

Building Type
Rural
Land Size
1137000m2
Local Government
Mid-Coast
Lot/Plan
501/DP1261497

Last Listing description (November 2024)

THIS ONE TICKS THE BOXES

This property has many of the attributes that would suit both the professional cattleman or the starter, with gettable country that would improve quickly and show good capital gain potential.

With near new to new boundary and holding paddock fencing recently done, any further subdivision of paddocks would be at the new Owners discretion. The 29 m x 9 m lock up shed with a cement floor is well located centrally on the property and has 2 x 11,000 litres rain water tanks attached to the shed.

Approx 1 km of big river frontage to the Gloucester River on the Eastern boundary is a huge asset to further run a solar pump and stock troughs for clean water to all parts of the property. Most the land is very accessible for tractors and agricultural machinery for mulching, aerating and lime application which would show immediate returns.

Currently running comfortably 50 to 60 C+C all year round, this parcel of land has huge potential for further growth.

Property Code: 205

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Property History for 501 Callaghans Creek Rd, Bundook, NSW 2422

A timeline of how this property has performed in the market
Last Sold
$1,100,000
01 Oct 2024
  • 01 Oct 2024
    Sold for $1,100,000
  • 28 Mar 2024
    Listed for Sale $1,500,000 ONO
  • 22 Nov 2021
    Listed for Sale Contact Agent
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About Bundook 2422

The size of Bundook is approximately 52.4 square kilometres. The population of Bundook in 2011 was 193 people. By 2016 the population was 96 showing a population decline of 50.3% in the area during that time. The predominant age group in Bundook is 40-49 years. Households in Bundook are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bundook work in a labourer occupation. In 2011, 70.1% of the homes in Bundook were owner-occupied compared with 89.5% in 2016..

Bundook has 81 properties. Over the last 5 years, Houses in Bundook have seen a 170.51% increase in median value. As at 31 October 2024:

  • The median value for Houses in Bundook is $830,850 while the median value for Units is $322,623.
There are currently 5 properties listed for sale, and no properties listed for rent in Bundook on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Bundook.

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John Hannaford
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Peter Markey
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Hannaford Stock and Land
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