OFF MARKET

31 Mayfield Road
Bungowannah NSW 2640

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2614300m2
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Property Details for 31 Mayfield Rd, Bungowannah

Building Type
Rural
Land Size
2614300m2
Local Government
Hume
Lot/Plan
6/DP753749

Last Listing description (September 2022)

Area of Land
646 acres - 261 ha

Location
"Mayfield Woolshed" is located 17 minutes west (20kms) of Albury CBD, 7 minutes (9km) east of Howlong township both via Riverina Highway and 3.2 hours north of Melbourne via Hume Freeway.

Land Description
"Mayfield Woolshed" is an exceptional parcel of rural land, gently undulated and well drained with predominately sandy red loam soils. Considered 95% arable with a mixture of perennial and annual grasses along with strong stands of yellow and white box trees.

Fencing
"Mayfield Woolshed" has good subdivisional fencing sectioned off into nine (9) workable paddocks all of which are serviced by way of either trough or reliable catchment dams.

Water
Troughing system is supplied via a fully equip stock and domestic bore with diesel pump. An irrigation works licence and (approximately) 10 megalitre water licence is also an added bonus, although currently not in use.

Working Improvements
- Steel cattle yards with crush and loading ramp
- 36m x 9m machinery shedding
- Hay shed
- Fully equip stop water bore
- Fully equip stock & domestic bore
- Irrigation works licence and (approximately) 10 megalitre water licence

Rainfall & Climate
"Mayfield Woolshed" is in an annually recognised 23"-24" (574-600mm) rainfall district with moderate average temperatures throughout the calendar year.

Zoning
Rural (RU1) - Folio Identifier 5/753749 and Folio Identifier 6/753749.

Agent's Remarks
"Mayfield Woolshed" is a genuine rural allotment with a combination of quality land, infrastructure, water and location and should appeal to any astute buyer who is looking to add to an existing holding or a stand-alone property with great upside potential.

In conjunction with:
Peter Ruaro
Peter Ruaro Livestock & Property
0447 600 825

Property History for 31 Mayfield Rd, Bungowannah, NSW 2640

A timeline of how this property has performed in the market
Last Sold
$6,930,000
05 Aug 2022
  • 05 Aug 2022
    Sold for $6,930,000
  • 24 Jun 2022
    Listed for Sale UNDER CONTRACT

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About Bungowannah 2640

The size of Bungowannah is approximately 117.3 square kilometres. The population of Bungowannah in 2011 was 208 people. By 2016 the population was 167 showing a population decline of 19.7% in the area during that time. The predominant age group in Bungowannah is 60-69 years. Households in Bungowannah are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Bungowannah work in a managers occupation. In 2011, 72.6% of the homes in Bungowannah were owner-occupied compared with 85.2% in 2016..

Bungowannah has 113 properties. As at 30 November 2024:

  • The median value for Houses in Bungowannah is $850,753.
There are currently no properties listed for sale, and no properties listed for rent in Bungowannah on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Bungowannah.

Suburb Insights for Bungowannah 2640

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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.