840 Terranora RoadBungalora NSW 2486
Property Details for 840 Terranora Rd, Bungalora
840 Terranora Rd, Bungalora is a 4 bedroom, 3 bathroom House with 10 parking spaces and was built in 1985. The property has a land size of 1096300m2 and floor size of 374m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (January 2020)
"Bungalora Farm" which sits between the Tweed Valley and the Gold Coast is of some 109* hectares. The sale will finalise an estate between the beneficiaries.
Originally 2 dairy farms the 270* acre property was purchased in the early 1980's by the late Edward Bear. 2 new homes were constructed and the property now has 4 dwellings.
The country has been fodder cropped as recently as last year when hay was cut from the pasture paddocks. It has good stands of natural and improved pastures on the plateau. The plateau drops down to the creek flats on Duroby Creek. The country near the creek and the hillsides have not been used for many years and are prime for improvement.
The scarcity of blocks over 100 hectares so close to the beach make this property significant in size. It has vistas towards the coast and ocean as well as across the Tweed Valley are added bonuses and with town water and 3 lots the possibilities here to improve this back into a very good farm or look at other ventures.
The property also has numerous sheds up to 1100m2* and a banana farm currently leased.
*Approximately
Property History for 840 Terranora Rd, Bungalora, NSW 2486
- 12 Sep 2023Sold for $6,260,000
- 18 Oct 2019Sold for $3,270,000
- 13 Sep 2019Listed for Sale Auction
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0About Bungalora 2486
The size of Bungalora is approximately 4.4 square kilometres. The population of Bungalora in 2011 was 307 people. By 2016 the population was 62 showing a population decline of 79.8% in the area during that time. The predominant age group in Bungalora is 60-69 years. Households in Bungalora are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bungalora work in a professional occupation. In 2011, 77.3% of the homes in Bungalora were owner-occupied compared with 88% in 2016..
Bungalora has 41 properties. Over the last 5 years, Houses in Bungalora have seen a 99.06% increase in median value. As at 31 October 2024:
- The median value for Houses in Bungalora is $1,940,573.
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