OFF MARKET

Boundary Road
Gulmarrad NSW 2463

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 523100m2
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Property Details for Lot 361 Boundary Rd, Gulmarrad

Building Type
Land
Land Size
523100m2
Local Government
Clarence Valley
Lot/Plan
361/DP751388

Last Listing description (September 2012)

LARGE, PRIME, CATTLE/FARMING PROPERTY, BETWEEN MACLEAN AND YAMBA
A once in a lifetime opportunity to secure a large piece of prime, rural real estate, in one of the most sought after areas of the Clarence region.
Situated 10 minutes from Maclean, 10 minutes from Yamba.

Farm area 880.85 acres.
Comprising 19 Lots if consolidated has potential for 6 dwelling eligibilities (STCA).
Mostly heavy river loam soils approx' 630 acres cleared excellent natural water, with power and town water to homestead area and some troughs. Ample flood relief for stock during heavy inundation. Kikuyu, cooch and natural grasses.
At present carrying 250 breeders ,plus calves, plus replacement heifers.
Improvements consist of 3 bedroom homestead (needs repair), horse stalls and variety of storage and machinery sheds. Road access is excellent. Fencing in fair/ good to very good order. Fully renovated cattle yards with vet crush and all- weather loading ramp- can work 250 head in these yards.
With judicious use of winter crops and pasture improvement the carrying capacity could be increased greatly.
This property was regarded as the prime dairy farm on the Lower River and has been in the one family for over 100 years.
Present owners are selling for relocation purposes and are seeking a quick response in selling. They have recently sold a 100 acre block next door, which was all timber and of inferior quality, for $4000/acre.
Asking price for this special property is under $2,000 per acre.

Property History for Lot 361 Boundary Rd, Gulmarrad, NSW 2463

A timeline of how this property has performed in the market
Last Sold
$440,000
02 Jul 2012
  • 02 Jul 2012
    Sold for $440,000
  • 01 Oct 2011
    Listed for Sale $1.6M NEGOTIABLE
  • 28 May 2010
    Sold for $402,500
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About Gulmarrad 2463

The size of Gulmarrad is approximately 30.7 square kilometres. The population of Gulmarrad in 2011 was 1,643 people. By 2016 the population was 1,688 showing a population growth of 2.7% in the area during that time. The predominant age group in Gulmarrad is 60-69 years. Households in Gulmarrad are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gulmarrad work in a trades occupation. In 2011, 91.6% of the homes in Gulmarrad were owner-occupied compared with 89.2% in 2016.

Gulmarrad has 1,020 properties. Over the last 5 years, Houses in Gulmarrad have seen a 82.06% increase in median value. As at 30 November 2024:

  • The median value for Houses in Gulmarrad is $974,666 while the median value for Units is $403,894.
  • Houses have a median rent of $610.
There are currently 24 properties listed for sale, and no properties listed for rent in Gulmarrad on OnTheHouse. According to CoreLogic's data, 52 properties were sold in the past 12 months in Gulmarrad.

Suburb Insights for Gulmarrad 2463

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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.