1 Verge StreetDungog NSW 2420
Property Details for 1 Verge St, Dungog
Last Listing description (December 2023)
Historic Homestead set in a delightful garden setting
Approx 2km Williams River Frontage
Prime Agricultural Land – 120ml Irrigation Licence
Approx 310.53 ha – 767.29 acres
- Ideal location – adjoining Dungog township, 45 mins Maitland, 1 hour Newcastle and beaches, 2 hours 45 mins Sydney CBD.
- Majestic circa 1830 homestead with circa 1886 additions. Beautifully maintained and set in a garden compound including the original stables.
- Water security one of the many features – approx. 2km frontage to the Williams River, Slaughteryard creek, 8 dams, livestock troughs and town water connected. 120 ML irrigation licence.
- Highly productive and versatile alluvial river flats and elevated grazing country. "Melbee" is extremely suitable for a wide range of agricultural enterprises.
- Securely fenced with central laneways. Excellent cattle yards, substantial all steel machinery shed, cottage
"Melbee" is the Jewel in the Crown and has long been regarded as one of Dungog's premier rural holdings.
The historical significance of "Melbee" is something to be cherished and maintained for future generations.
Detailed Information Memorandum available.
Auction
Tuesday 12th December 2023
auctionWORKS Rooms,
Mezzanine Level,
50 Margaret Street,
Sydney NSW 2000
Starting time 10.30 am.
Property History for 1 Verge St, Dungog, NSW 2420
- 15 Dec 2023Sold for $8,320,000
- 29 Oct 2023Listed for Sale Not Disclosed
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0About Dungog 2420
The size of Dungog is approximately 5.5 square kilometres. It has 7 parks covering nearly 4.5% of total area. The population of Dungog in 2011 was 2,131 people. By 2016 the population was 2,034 showing a population decline of 4.6% in the area during that time. The predominant age group in Dungog is 60-69 years. Households in Dungog are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Dungog work in a trades occupation. In 2011, 69.9% of the homes in Dungog were owner-occupied compared with 71.3% in 2016.
Dungog has 1,308 properties. Over the last 5 years, Houses in Dungog have seen a 84.90% increase in median value, while Units have seen a 82.60% increase. As at 31 October 2024:
- The median value for Houses in Dungog is $596,551 while the median value for Units is $376,657.
- Houses have a median rent of $500 while Units have a median rent of $250.
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