SOLD
Sold on 07 Aug 2024 for $385,000

400 Phillips Swamp Road
Busbys Flat NSW 2469

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1659000m2
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Property Details for 400 Phillips Swamp Rd, Busbys Flat

Building Type
Rural
Land Size
1659000m2
Local Government
Richmond Valley
Lot/Plan
107/DP755616

Last Listing description (August 2024)

UNDER OFFER
* In a very private location and just 5 kms from the main road, this property is perfect for that weekend getaway or build your dream home ( property has a confirmed dwelling entitlement, subject to submitting your DA / plans to council )
* 166.1 ha or 410 acres .

* Previously owned by a timber company, the property has not been logged for around 5 years and has good regrowth / future nestegg for your investment portfolio. ( PNF on property )
* Tracks throughout, large valley area with waterhole and bore ( no windmill ), natural springs running through on the lower country.
* The balance is set on an undulating mountain with great views to the border ranges and Mount Belmore.
* Access via Phillips swamp rd, 4wd access creek crossing.
* Mix of high set, low set areas, along the mountain with lower valley areas, good dark soil in the low country, several fenced areas/ internals, back boundary unfenced, front mainly fenced.
* Cash purchase or SMSF buyers only, due to property size finance is difficult to obtain unless securing other equity - see agent.

* Agent discloses bush fires in 2019.

All information contained herein by Amanda Johnson Realty is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 400 Phillips Swamp Rd, Busbys Flat, NSW 2469

A timeline of how this property has performed in the market
Last Sold
$385,000
07 Aug 2024
  • 07 Aug 2024
    Sold for $385,000
  • 04 Jul 2024
    Listed for Sale $385,000
  • 08 Nov 2023
    Listed for Sale $1,400,000
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About Busbys Flat 2469

The size of Busbys Flat is approximately 162.9 square kilometres. It has 6 parks covering nearly 47.8% of total area. The population of Busbys Flat in 2011 was 310 people. By 2016 the population was 17 showing a population decline of 94.5% in the area during that time. The predominant age group in Busbys Flat is 50-59 years. Households in Busbys Flat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Busbys Flat work in a labourer occupation. In 2011, 72.6% of the homes in Busbys Flat were owner-occupied compared with 100% in 2016..

Busbys Flat has 76 properties. As at 31 August 2024:

  • The median value for Houses in Busbys Flat is $581,699 while the median value for Units is $308,105.
There are currently 2 properties listed for sale, and no properties listed for rent in Busbys flat on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Busbys flat.

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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.