OFF MARKET

154 Jersey Place
Cobargo NSW 2550

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 123m2
Land area: 469835m2
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Property Details for 154 Jersey Pl, Cobargo

154 Jersey Pl, Cobargo is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 469835m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Floor Size
123m2
Land Size
469835m2
Local Government
Bega Valley
Lot/Plan
4/DP242492

Last Listing description (August 2023)

Every now and then a property comes to market with just that extra attention to detail showing the owners passion for agriculture and farm development ... Tarago Park is one such property.
Being held by the same owners for 43 years is a testament to their dedication and persistence ....
Comprising approx 316 acres, mostly all cleared and pasture improved. Subdivided into 15 paddocks with excellent electric and post & wire fencing each paddock watered by troughs or dams ... the property boasts a long frontage to crystal clear Narira Creek one of the major tributaries of Wallaga Lake opening to the sea at the beautiful township of Bermagui.

The soils are mostly granite with basalt outcrops in some paddocks timber is mainly Red Gum and Grey Box a tell tale sign of the soils fertility they provide good shade and shelter.
There are 2 sets of yards designed for cattle one is exceptionally efficient with almost all facilities undercover offering operator comfort and easy truck access. There is a large 3 bay machinery shed allowing all weather protection for tractors cars and further hay and feed storage.
Tarago Park has 2 homes the main homestead is very well built using original hand made sandstock bricks that were once a silo on the farm The residence is very comfortable featuring 4 bedrooms main with ensuite, 2 bathrooms, lounge, dining, modern kitchen and games room, most with adjoining alfresco dining areas including the garden Gazebo, ideal for relaxing and enjoying the farms privacy and panoramic rural views. Tarago Park has an excellent domestic water supply of approx 12000 gallons.
The original 3 b/r weatherboard farm cottage has combined kitchen and dining with verandas on 3 sides the home is currently tenanted and returns over $13000pa.
The original farm buildings are very useful and good for storage of hay, stock feed and farm machinery. The old original walk through dairy is set up for rearing calves, pigs, sheep or other livestock.
Tarago Park is a superb coastal farm ready to go with primary production status ... nothing needs to be done and is ideal for cattle, sheep or horses and has been carrying 100 breeders plus calves and cutting up to 400 bales of silage in good seasons.
The farm is located only a short drive to beautiful Bermagui ... Historic Cobargo township and National Trust Classified ... Central Tilba.
For all your shopping ... the fast growing towns of Narooma, Bega and Moruya are within an easy drive.
This is an outstanding opportunity to buy into a very tightly held coastal rural community ... Prime coastal rural land and farms are becoming harder and harder to find right along the south coast and becoming increasingly expensive ... they offer investors a wonderful self sufficient lifestyle as well as a proven store of generational wealth.
Whatever you do don't miss Tarago Park ... It's a beauty.

Inspections Strictly By Appointment Or As Advertised.

Property History for 154 Jersey Pl, Cobargo, NSW 2550

A timeline of how this property has performed in the market
Last Sold
10 Aug 2023
Listed for Rent
$1.00k/w
13 Oct 2023
  • 10 Aug 2023
    Sold
  • 08 Feb 2023
    Listed for Sale Range Reduced $3.8mil - $3.95mil
  • 26 Apr 2017
    Listed for Rent - Price not available
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About Cobargo 2550

The size of Cobargo is approximately 104 square kilometres. It has 5 parks covering nearly 21.6% of total area. The population of Cobargo in 2011 was 637 people. By 2016 the population was 770 showing a population growth of 20.9% in the area during that time. The predominant age group in Cobargo is 60-69 years. Households in Cobargo are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Cobargo work in a community and personal service occupation. In 2011, 73.6% of the homes in Cobargo were owner-occupied compared with 74% in 2016.

Cobargo has 545 properties. Over the last 5 years, Houses in Cobargo have seen a 50.29% increase in median value, while Units have seen a 104.97% increase. As at 31 August 2024:

  • The median value for Houses in Cobargo is $573,626 while the median value for Units is $561,872.
  • Houses have a median rent of $475.
There are currently 19 properties listed for sale, and 1 property listed for rent in Cobargo on OnTheHouse. According to CoreLogic's data, 27 properties were sold in the past 12 months in Cobargo.

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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.