SOLD
Sold on 15 Mar 2024 for $625,000

534 Phillips Swamp Road
Busbys Flat NSW 2469

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3591700m2
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Property Details for 534 Phillips Swamp Rd, Busbys Flat

Building Type
Rural
Land Size
3591700m2
Local Government
Richmond Valley
Lot/Plan
3/DP755636

Last Listing description (March 2024)

* Set on around 890 acres or 360 ha is this beautiful property with a 5km water hole/ lagoon, tracks right through and a white gum plantation planted in stages.
* Perfect for hunting, horse riding or to just get away, the property is around 40kms from the nearest town and in a very private location, 4 km dirt track in.
* Runs around 80 breeders.

* Plantation is registered and at present has a chip market which in the future would be best sold for fine grade paper giving a better return making it perfect for most SMSF ventures, carbon credits etc.
* Fencing was partially affected by November 19 fires, as was some of the timber , now grown back after the good rains we just enjoyed.
* 4 dams , massive lagoon, Phillip creek runs through, easy access via Crown rd directly to the property which does require a 4wd in wet times.
* 4 bay open machinery shed.
* 40kms to Casino, 17 to village of Rappville, via fully sealed roads from the entrance of Phillips Swamp rd which is 5.4 kms of dirt 4wd tracks in.

Property History for 534 Phillips Swamp Rd, Busbys Flat, NSW 2469

A timeline of how this property has performed in the market
Last Sold
$625,000
15 Mar 2024
  • 15 Mar 2024
    Sold for $625,000
  • 07 Nov 2023
    Listed for Sale $625,000
  • 15 Oct 2021
    Sold for $480,000
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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 75 properties. As at 30 November 2024:

  • The median value for Houses in Busbys Flat is $588,502 while the median value for Units is $311,026.
There are currently 1 property listed for sale, and no properties listed for rent in Busbys flat on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Busbys flat.

Suburb Insights for Busbys Flat 2469

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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.