SOLD
Sold on 10 Nov 2023 for $800,000

1072 Blue Springs Road
Bungaba NSW 2852

Bedrooms: 3
Bathrooms: -
Car spaces: -
Floor area: 86m2
Land area: 3359000m2
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Property Details for 1072 Blue Springs Rd, Bungaba

Building Type
Rural
Year Built
2002
Floor Size
86m2
Land Size
3359000m2
Local Government
Mid-Western Regional
Lot/Plan
72/DP750742

Last Listing description (January 2019)

Enquiry code for this property: 2417
An easily accessible property located just 20 mins North east of Gulgong via sealed road, one of the very few remaining large properties as originally subdivided in the 1800's (see the original hand drawn subdivision plan). This property was part of the original Gulgong gold fields and is bounded by Blue Springs creek along the front boundary (approx 1.6km long).
If you are so inclined you have the option of subdividing the 830 acre property into individual Torrens title lots with a minimum 100 hectares each, the potential is enormous.(STCA)

Historic Gulgong was founded in the days of the Australian gold rush, with approximately 130 buildings enjoying National Trust classification. Gulgong is an easy 30 km from Mudgee (20 Mins), this historic town in Country NSW was firmly established by the 1860s gold rush.
Imagine No traffic lights, no traffic congestion, and no stress as you drive along the magnificent rural properties with nothing but open pastures and fresh air. Gulgong is home to several fascinating museums, an amazing record of goldfield life in the Pioneer Museum, from the height of the gold rush in 1872. Also home to the Henry Lawson Centre, a living memorial to one of Australia's greatest bush balladeers who spent his childhood in the area, the famous Henry Lawson Festival is held every June long weekend.
This property is perfect for the professional or hobby farmer, the retiree or just those seeking to escape the mayhem of city living in pursuit of a peaceful lifestyle without the stress of modern urban living. If you just want to run livestock, this property It is also perfect for the hunting enthusiasts, with pigs, feral goats, ducks, deer and the usual Foxes, rabbits.
There are TWO fully insulated 12m x 3m demountable buildings on the property, ready to be converted into your dream home or weekender, they make perfect sheltered accommodation to make an immediate start.
Aside from the boundary fencing there is a fully fenced and gated internal paddock (approx 250 acres). in size. This paddock is flat and perfect for running cattle, sheep, goats or for cropping with grape vines, olive trees, annual grasses or whatever tickles your fancy, . There are 5 dams on the property see plan of contours and dams.
You will enjoy total Privacy, clean fresh air, awesome tracks all over the property, tranquil walks or horse rides, with an abundance of wildlife including kangaroos, wallabies, emus, wedgetail eagles, numerous other birds, wombats are frequent visitors to the area.
Power is available on the adjoining property and can be easily connected if so desired. NBN and landline are available in the area, with mobile phone reception available on some areas of the property.
Gulgong and Mudgee are the nearest towns. (20min drive to Gulgong town centre)
Mudgee is a vibrant tourist hub, renowned for its booming wine industry, olive plantations, motels, hotels, supermarkets, bunnings, super cheap autos, hundreds of shops, cafe's, restaurants, pubs, hospitals and schools. Mudgee is a booming and vibrant town that caters for all your needs and requirements.
You can get a job in the area and avoid those stressful peak hour traffic snarls. Call in at the local vineyard on the way home and pick up the wine for dinner.
This property is priced to sell, well below the $2000- $3000 per acre average for the Gulgong region, genuine buyers only,
Please send text or call.
Enquiry code for this property: 2741

Property History for 1072 Blue Springs Rd, Bungaba, NSW 2852

A timeline of how this property has performed in the market
Last Sold
$800,000
10 Nov 2023
  • 10 Nov 2023
    Sold for $800,000
  • 16 Jun 2017
    Listed for Sale Contact for Price
  • 26 Dec 2016
    Listed for Sale CONTACT FOR PRICE
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About Bungaba 2852

The size of Bungaba is approximately 122 square kilometres. The population of Bungaba in 2011 was 550 people. By 2016 the population was 82 showing a population decline of 85.1% in the area during that time. The predominant age group in Bungaba is 60-69 years. Households in Bungaba are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bungaba work in a machinery operators and drivers occupation. In 2011, 90.1% of the homes in Bungaba were owner-occupied compared with 87.5% in 2016..

Bungaba has 79 properties. Over the last 5 years, Houses in Bungaba have seen a 97.81% increase in median value, while Units have seen a 164.20% increase. As at 30 September 2024:

  • The median value for Houses in Bungaba is $568,582 while the median value for Units is $628,713.
There are currently 1 property listed for sale, and no properties listed for rent in Bungaba on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Bungaba.

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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.