OFF MARKET

43 Ormans Lane
Kootingal NSW 2352

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 107m2
Land area: 161900m2
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Property Details for 43 Ormans Lane, Kootingal

Building Type
Land
Floor Size
107m2
Land Size
161900m2
Local Government
Tamworth Regional
Lot/Plan
58/DP755334

Last Listing description (September 2013)

Potential with a capital "P" here, with the wind up of an Estate this property MUST BE SOLD!

Features too many to list. There's opportunity for those with vision and prepared to use their imagination to prosper, or create the ideal lifestyle opportunity.


Total land size of approx 42 acres, just 17.3kms to Peel Street or 10-15 mins drive to Tamworth Base Hospital, the property is zoned RU1 Primary Production.

Frontage to the Cockburn River, property also has dual road frontage to Ormans Lane.

To the front of the property there is a Historical 2 bedroom double brick and iron cottage (previously run as a funeral business) with the original features untouched, some renovation and this could be transformed.

Water is plentiful and is provided from a 5,000 gallon poly tank from the original homestead, a 25,000 gallon concrete tank above the 2nd dwelling site reticulates, plus a licensed Well

Included in the sale is a good quantity of aluminum irrigation pipes, steel cattle yards & ramp in fair condition.

It's a must to inspect, we're here to sell, so be ready!

Lot: 58 DP: 755334

Call to arrange your inspection


Disclaimer: We have not verified whether or not that the information in this advertisement is accurate and we do not have any belief one way or the other of its accuracy. All purchasers must rely completely upon their own inquiries before purchasing.

Property History for 43 Ormans Lane, Kootingal, NSW 2352

A timeline of how this property has performed in the market
Last Sold
$350,000
18 Sep 2013
  • 18 Sep 2013
    Sold for $350,000
  • 12 Jun 2013
    Listed for Sale $359,000

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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.

Suburb Insights for Kootingal 2352

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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.