388 Limbri RoadKootingal NSW 2352
Property Details for 388 Limbri Rd, Kootingal
Last Listing description (September 2021)
Situated close to the regional city of Tamworth the undisputed horse capital of Australia, Tanglewood Farm is currently being used to spell / breed and train horses, with all the necessary infrastructure required. The Cockburn river traverses the eastern and southern boundary of the property. Fertile river flats make the property over 90% arable and this would suit the growing of many crops. Tanglewood Farm is fenced into 16 paddocks including day yards. These are all watered and many have shelter sheds. Strategically fenced with post and rail laneways the property is well laid out utilising the available area. There is also a stable complex with 4 boxes, vet crush, roundyard and washbay. To complete the infrastructure there is a hay shed and machinery shed along with several other smaller outbuildings. Water is a feature with numerous rainwater tanks and a fully equipped solar bore. The two-bedroom home is connected to a solar panel bank and has solar hot water. If you are looking for a small property well set up for horses, and producing an income stream then Tanglewood Farm just may be what you have been searching for.
Property History for 388 Limbri Rd, Kootingal, NSW 2352
- 19 Jun 2019Sold for $825,000
- 18 Feb 2019Listed for Sale $875,000
- 04 Apr 2013Sold for $610,000
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0About 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.
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