OFF MARKET

1223 Karoola Road
Graman NSW 2360

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Land area: 1170740m2
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Property Details for 1223 Karoola Rd, Graman

Building Type
Land
Land Size
1170740m2
Local Government
Inverell
Lot/Plan
9/DP254970

Last Listing description (March 2022)

AREA: 115.47 ha (285 ac) Freehold.

Inverell Shire Council Rates: $1,067.16p.a. Northern Tablelands LLS.

SITUATION: 10km from Graman, 15km from Ashford, 52km from Inverell.

SERVICES: Power. Phone. Primary and Secondary schools at Inverell & Ashford. Air and rail services from Inverell to Brisbane & Sydney, Armidale/Tamworth/Moree to Sydney. Saleyards at Inverell, being the 6th largest selling centre in the state, weekly fat cattle sales, fortnightly sheep sales and monthly store cattle sales. Export abattoir at Inverell. 3 major feedlots in the Inverell area. Inverell is one of the major shopping and service centres of Northern NSW.

COUNTRY: Undulating. Altitude: 495-520m ASL.

SOIL: 70% Trap, 20% Granite, 10% Basalt.

ARABLE AREA: 60ha (150ac).

TIMBER: Apple.

WATER: 3 dams, 8 troughs, 4km of double Macintyre River frontage, 72 megalitre unregulated Macintyre River water licence with 3 separate lines. 5,000gallon rainwater tank.

RAINFALL: 756mm (29inch) p.a. (eldersweather.com.au)

FENCING: 90% new ringlock fencing with 3 lane ways. Subdivided into 14 paddocks.

IMPROVEMENTS: 4 cottages, all of Besser Block construction and in need of renovation.

Cottage 1: 2 bedrooms, lounge with wood heater.

Cottage 2: 3 bedrooms, 1 bathroom. Wood heater in lounge.

Cottage 3: 3 bedrooms, 1 bathroom.

Cottage 4: 2 bedrooms.

MACHINERY SHED: Large machinery shed with power.

STOCK YARDS: Steel cattle yards with vet crush. Small sheep yards.

CARRYING CAPACITY: 40 cows or 300 ewes.

Disclaimer: All information contained is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.

Property Code: 607

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Property History for 1223 Karoola Rd, Graman, NSW 2360

A timeline of how this property has performed in the market
Last Sold
$610,000
02 Feb 2022
  • 02 Feb 2022
    Sold for $610,000
  • 07 Oct 2020
    Listed for Sale $620,000 Reduced
  • 04 Feb 2016
    Listed for Sale $485,000
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About Graman 2360

The size of Graman is approximately 306.6 square kilometres. It has 1 park. The population of Graman in 2011 was 195 people. By 2016 the population was 98 showing a population decline of 49.7% in the area during that time. The predominant age group in Graman is 40-49 years. Households in Graman are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Graman work in a managers occupation. In 2011, 71.8% of the homes in Graman were owner-occupied compared with 83.3% in 2016..

Graman has 80 properties. Over the last 5 years, Houses in Graman have seen a 59.30% increase in median value. As at 30 November 2024:

  • The median value for Houses in Graman is $271,589.
There are currently 1 property listed for sale, and no properties listed for rent in Graman on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Graman.

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