349 Federal DriveFederal NSW 2480
Property Details for 349 Federal Dr, Federal
Last Listing description (October 2023)
Rarely does such a beautiful parcel come to market, literally next door to the picturesque village of Federal and all the highlights of this hinterland region. 62 acres (25HA) of mostly cleared prime pastoral grazing land with beautiful frontage to freshwater Stony Creek - this is paradise!
A stunning elevated parcel which is truly a once-in-a-lifetime opportunity for the perfect tree/sea change and the chance to live the life you have always wanted and build your dream home.
A home here offers a gateway into a warm and welcoming local community and has the potential to encapsulate the epitome of country living. There is endless space for the kids to play, vegetable gardens, fruit trees, animals or larger scale production enterprises. Use this blank canvas to sculpt the fabulous rural lifestyle with income making potential (STCA).
This is an incredibly prestigious and tightly held area where large land holdings rarely come to market. Federal village is your quintessential small country town, bursting with charm and a mecca for visitors and locals alike with famous Doma Cafeacute;, great coffee and community events to be enjoyed.
A network of quiet, hinterland roads connect this property to the surrounding small villages of Clunes, Rosebank, Coorabell and Dunoon. Only 25 minutes from Byron's world class beaches, 15 minutes from Bangalow and on the doorstep of the World Heritage rainforests, Minyon Falls and National Parks.
Features:
Multiple elevated building sites and level plateau
20 acres of the land is across Federal Drive, another one of many potential building site
Only minutes walk to the village for morning coffee
Rare investment opportunity for income producing business (STCA)
Stony Creek frontage
Mixed zoning: RU1: Primary Production, DM: Deferred Matter
Property History for 349 Federal Dr, Federal, NSW 2480
- 10 Mar 2022Listed for Sale $2.25m - $2.475m
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About Federal 2480
The size of Federal is approximately 26.8 square kilometres. The population of Federal in 2011 was 712 people. By 2016 the population was 683 showing a population decline of 4.1% in the area during that time. The predominant age group in Federal is 50-59 years. Households in Federal are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Federal work in a professional occupation. In 2011, 73.3% of the homes in Federal were owner-occupied compared with 73.9% in 2016.
Federal has 310 properties. Over the last 5 years, Houses in Federal have seen a 141.58% increase in median value, while Units have seen a 22.40% increase. As at 31 October 2024:
- The median value for Houses in Federal is $1,963,353 while the median value for Units is $838,917.
- Houses have a median rent of $950.
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