OFF MARKET

360 Bungawalbin Whiporie Road
Bungawalbin NSW 2469

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 616600m2
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Property Details for 360 Bungawalbin Whiporie Rd, Bungawalbin

Building Type
Commercial
Land Size
616600m2
Local Government
Richmond Valley
Lot/Plan
1/DP190586

Last Listing description (October 2024)

62 Hectares or 153 acres of top shelf cropping country is available for purchase in a renowned, highly sought after location.

Situated just minutes from the charming country town of Coraki, the location of this property prevails as an opportunity not to be missed. In just under half an hour's drive, you could be out of your tractor and on the beautiful beaches off Evans Head. 45 minutes drive to the nearest airport and under an hour and you're in the iconic Byron bay neighbourhood.

Location aside, the quality of land here is not to be overlooked. Fertile, rich chocolate soils are evident over every inch of this property, ready to produce some of the highest yields this country has to offer. In the local area, crops of sugarcane, rice, tea tree beans are all farmed successfully. The entire property has been laser levelled, indicating the quality of work our vendors have endured on this property.

Proudly, along with the purchase of this property, you will acquire an irrigation licence consisting of 376ML! In conjunction with the WAL, the property includes all the infrastructure to get it out of the bungawalbin river and into the paddock. A 3 phase, submersible centrifugal pump, delivers the water to three outlets, located strategically down the centre of the property via a 325mm poly pipe.

We at APL SummerCo are very excited to be able to present this property for your consideration. Do not miss the opportunity to purchase this quality parcel of land.

*Please note that property outlines are approximate only & all information has been supplied by the Vendor to the best of their knowledge, buyer due diligence is always recommended.

Property History for 360 Bungawalbin Whiporie Rd, Bungawalbin, NSW 2469

A timeline of how this property has performed in the market
Last Sold
$1,750,000
21 Oct 2015
  • 24 Oct 2024
    Listed for Sale Contact Agent
  • 18 Mar 2024
    Listed for Sale Auction
  • 21 Oct 2015
    Sold for $1,750,000
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About Bungawalbin 2469

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 102 properties. Over the last 5 years, Houses in Bungawalbin have seen a 50.63% increase in median value. As at 31 October 2024:

  • The median value for Houses in Bungawalbin is $655,026.
There are currently 2 properties listed for sale, and 1 property listed for rent in Bungawalbin on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Bungawalbin.

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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.