OFF MARKET

294 Ormans Lane
Kootingal NSW 2352

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 197m2
Land area: 404700m2
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Property Details for 294 Ormans Lane, Kootingal

Building Type
Rural
Floor Size
197m2
Land Size
404700m2
Local Government
Tamworth Regional

Last Listing description (May 2022)

Here is an opportunity to become self employed and enjoy country living close to the thriving major centre of Tamworth. Burrawong Pecan Farm is an established income producing operation nestled on the banks of the Cockburn river. Over looking the plantation of approx. 1350 trees is a large 4 bedroom modern brick home surrounded by a well manicured garden. Sit on the front verandah and enjoy valley views. The property is also well fenced into several paddocks with water points enabling the new owner room to run a mix livestock as well. But wait there's more, the sale comes complete with a large list of machinery used to pick and process pecan nuts. A WIWO opportunity presents itself. This is a genuine sale with the current owner looking for a change in direction. Please contact the agent for a detailed information memorandum.

Property History for 294 Ormans Lane, Kootingal, NSW 2352

A timeline of how this property has performed in the market
  • 01 Nov 2021
    Listed for Sale 1,500,000
  • 29 Oct 2018
    Listed for Sale Auction
  • 16 Sep 2015
    Listed for Sale $1,100,000

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About Kootingal 2352

The size of Kootingal is approximately 82.6 square kilometres. It has 1 park. The population of Kootingal in 2011 was 2,161 people. By 2016 the population was 2,114 showing a population decline of 2.2% in the area during that time. The predominant age group in Kootingal is 0-9 years. Households in Kootingal are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kootingal work in a trades occupation. In 2011, 74.7% of the homes in Kootingal were owner-occupied compared with 73.9% in 2016.

Kootingal has 1,276 properties. Over the last 5 years, Houses in Kootingal have seen a 78.27% increase in median value, while Units have seen a 82.43% increase. As at 31 October 2024:

  • The median value for Houses in Kootingal is $489,512 while the median value for Units is $463,233.
  • Houses have a median rent of $423 while Units have a median rent of $315.
There are currently 18 properties listed for sale, and 3 properties listed for rent in Kootingal on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Kootingal.

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