OFF MARKET

945 Galong Road
Galong NSW 2585

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 18102m2
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Property Details for 945 Galong Rd, Galong

Building Type
Land
Land Size
18102m2
Local Government
Hilltops
Lot/Plan
67/DP753614

Last Listing description (July 2021)

LAWD (Land, Agribusiness, Water & Development) is pleased to present Rosary (The Property). A genuine mixed farming and grazing operation in the renowned South West Slopes of New South Wales. Well suited to livestock breeding and fattening in conjunction with dry land cropping. The Property offers a productive balance of land classes, secure water supported by reliable rainfall and quality working improvements.

Total area 476.7* hectares (1,177* acres)

Productive balance of land classes - Gently undulating land comprising improved pastures to rolling grazing hills being predominantly granite with native perennial grasses.

Well established improved pastures species support an estimated 4,800DSE* rating, comprising lucerne, phalaris, sub clover and native perennial grass stands of Danthonia, Microlaena and Red Grass. The arable pockets of red granite soils throughout the grazing hills have been pasture improved with phalaris and sub clover.

The Property benefits from highly reliable water from multiple sources. The spring fed Rocky Ponds Creek supports two large dams. Two bores, (one equipped with a solar pump) supply a reticulated water system to a network of seven* troughs supported by an additional nine* surface dams. The average annual non-seasonal rainfall has been recorded at 610* millimetres.

Current management - The Property has been leased to a local family operator, who has run a mixed farming enterprise. The lease expires on 15 April 2022.
Strategically fenced into 18* main paddocks with smaller holding paddocks. A central laneway allows easy movement of livestock.
Operational infrastructure includes four* stand shearing shed and steel sheep yards, steel cattle yards, large machinery shed, four* cone bottom silos (170* tonne total grain storage).

Accommodation - Comfortable three-bedroom residence with established garden surrounds and additional cottage (uninhabitable).

Rosary is for sale by Expression of Interest closing Thursday 17 June 2021, 4pm

For more information on this exciting opportunity please contact:

Col Medway
Senior Director | LAWD
+61 428 481 423
colmedway@lawd.com.au

Tim Corcoran
Director | LAWD
+61 407 893 935
timcorcoran@lawd.com.au

*approximately

Property History for 945 Galong Rd, Galong, NSW 2585

A timeline of how this property has performed in the market
Last Sold
$555,000
20 Oct 1997
  • 07 May 2021
    Listed for Sale For Sale by EOI
  • 20 Oct 1997
    Sold for $555,000

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About Galong 2585

The size of Galong is approximately 258.2 square kilometres. The population of Galong in 2011 was 339 people. By 2016 the population was 238 showing a population decline of 29.8% in the area during that time. The predominant age group in Galong is 50-59 years. Households in Galong are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Galong work in a managers occupation. In 2011, 66.9% of the homes in Galong were owner-occupied compared with 59.6% in 2016.

Galong has 173 properties. Over the last 5 years, Houses in Galong have seen a 79.10% increase in median value. As at 31 October 2024:

  • The median value for Houses in Galong is $337,091.
There are currently 1 property listed for sale, and no properties listed for rent in Galong on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Galong.

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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.