175 Moonem New Italy Rd, Bungawalbin is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1981. The property has a land size of 50080m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Only 25-minute drive to Evans Head is the hidden gem. Surrounded by a lush rainforest canopy sits this 3-bedroom timber cottage. Built in 1981 this home boasts a wide 2 metre veranda wrapping around 3 sides of the home, a loft living area / 4th bedroom and a massive 10 x 9 m shed, all off grid.
The cottage is in need of some work but reflected in the asking price. Some gyprock in the bedrooms and bathroom is needed and there is a brand new composing toilet at the property waiting to be installed. The kitchen is light and airy with high ceilings and a new 4 burner gas cook top / stove also ready to be installed. Both the kitchen and bathroom are connected to instant gas hot water.
The land is gently sloping and abundant in birdlife, red cedar trees and ferns are abundant and with the house set back at the rear of the block it provides a very private setting.
Key Property Features Include
5 ha or 12.5 Acres of lush rainforest, the house and shed are flood free and were not impacted by the 2022 floods.
3-bedroom cottage with a second living area or 4th bedroom in the loft
2m wide veranda wrapping around 3 sides of the home.
A Large 10 x 9 m shed on a concrete slab with a 1,000-gallon water tank.
Cathedral ceilings in the kitchen area plus lead light windows scattered throughout.
1 Large Dam
25-minute drive to Evans Head beaches or 35 minutes to Lismore
Call Scott to arrange your inspection 0408 418 496
The size of Bungawalbin is approximately 101.6 square kilometres. It has 4 parks covering nearly 36.4% of total area. The population of Bungawalbin in 2011 was 296 people. By 2016 the population was 118 showing a population decline of 60.1% in the area during that time. The predominant age group in Bungawalbin is 50-59 years. Households in Bungawalbin are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Bungawalbin work in a machinery operators and drivers occupation. In 2011, 85.7% of the homes in Bungawalbin were owner-occupied compared with 61.4% in 2016..
Bungawalbin has 104 properties. Over the last 5 years, Houses in Bungawalbin have seen a 50.63% increase in median value. As at 31 July 2024:
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