OFF MARKET

240 Mount Faulk Road
Cooranbong NSW 2265

Bedrooms: 7
Bathrooms: 2
Car spaces: 6
Floor area: 135m2
Land area: 454500m2
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Property Details for 240 Mount Faulk Rd, Cooranbong

240 Mount Faulk Rd, Cooranbong is a 7 bedroom, 2 bathroom House with 6 parking spaces and was built in 1950. The property has a land size of 454500m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
1950
Floor Size
135m2
Land Size
454500m2
Local Government
Lake Macquarie
Lot/Plan
3/DP829476

Last Listing description (July 2021)

Classic beef and wine country.

An excellent opportunity exists to acquire a premium 45 Hectare site in the lower Hunter Valley, just an hour north of Sydney.

Well established as a vineyard and recently opened up to grazing as well, the property has unrealised potential for further use in the tourism and wedding industries. Considerable tax advantages with primary producer status and depreciation write downs to suitable purchasers.

- Four bedroom main residence with 10' ceilings, polished floor boards, delightful character
- Three bedroom Farm Stay residence, immaculately presented with a brilliant outlook.
- Floodlit artificial grass tennis court.
- Inground pool, sun deck and cabana.
- Golf practice range with putting green.
- Extensive irrigation and reticulation infrastructure.
- 15 acres of Shiraz vines.
- 37 acres of pasture improved grazing land.
- 6 Dams, 17 paddocks with water and access laneways.
- Secure private gated entry.
- Large machinery shed and pump house.

Close proximity to M1, Lake Macquarie, Newcastle and Central Coast.

Disclaimer: Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the owner or agent. Information is gathered from sources we believe to be reliable; we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 240 Mount Faulk Rd, Cooranbong, NSW 2265

A timeline of how this property has performed in the market
Last Sold
$2,980,000
09 Jun 2021
  • 09 Jun 2021
    Sold for $2,980,000
  • 16 Feb 2021
    Listed for Sale Contact Agent
  • 11 Feb 2016
    Sold for $1,150,000
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About Cooranbong 2265

The size of Cooranbong is approximately 70.4 square kilometres. It has 12 parks covering nearly 14% of total area. The population of Cooranbong in 2011 was 5,029 people. By 2016 the population was 5,459 showing a population growth of 8.6% in the area during that time. The predominant age group in Cooranbong is 20-29 years. Households in Cooranbong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cooranbong work in a professional occupation. In 2011, 67.8% of the homes in Cooranbong were owner-occupied compared with 70% in 2016.

Cooranbong has 3,827 properties. Over the last 5 years, Houses in Cooranbong have seen a 67.04% increase in median value, while Units have seen a 49.40% increase. As at 31 December 2024:

  • The median value for Houses in Cooranbong is $904,619 while the median value for Units is $542,275.
  • Houses have a median rent of $640 while Units have a median rent of $375.
There are currently 25 properties listed for sale, and 12 properties listed for rent in Cooranbong on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Cooranbong.

Suburb Insights for Cooranbong 2265

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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.