OFF MARKET

278A Mulvena Road
Larnook NSW 2480

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 923150m2
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Property Details for 278a Mulvena Rd, Larnook

278a Mulvena Rd, Larnook is a 2 bedroom, 1 bathroom House. The property has a land size of 923150m2. While the property is not currently for sale or for rent, it was last sold in November 2012.

Building Type
House
Land Size
923150m2
Local Government
Kyogle
Lot/Plan
1/DP358225

Last Listing description (August 2020)

Nimbin's local award winning Rate My Agent proudly presents share 5 of 278a Mulvena Road, Larnook. Located high on the McKellar Range sits Elysian Farm approx 280 acres in size. Share 5 is approx 5 acres in size with a northerly aspect.

The share has 3 individual structures, 2 of which are large bedroom/studio's and another being the kitchen, lounge & entertaining areas. The home was built by the current owner and is constructed with hardwood, sawcrete walls (sawdust, sand, cement) & other recycled timbers. Another aged dwelling also is erected near by which could be used to salvage the healthy timber that remains.

2 spring fed dams are on the community which assist the shareholders with water and remain full even through the driest of droughts due to its elevation.

A small independent solar system powers the home with instant gas hot water and a wood stove for the colder months. This really is a low cost lifestyle.

Established veggie gardens are erect which need some TLC as it is currently vacant.

This is perfect for anyone of any age to come and start a new beginning, and with some small improvements turn this into a beautiful obode of peace.

Community policies:
- no dogs or cats
- weekly fees of $20 for single owner or $35 for a couple/family (covers all annual rates & fees)
- work levies are 25 hours per year OR $20 per hour payable to the community for any unworked hours.

***Please note, banks will not finance this purchase***

45 minutes to Nimbin, Lismore or Kyogle, take your pick for shopping and socialising in one of these 3 great towns.

Property History for 278a Mulvena Rd, Larnook, NSW 2480

A timeline of how this property has performed in the market
Last Sold
$1,450
30 Nov 2012
  • 15 Oct 2018
    Listed for Sale $245,000
  • 17 Jul 2015
    Listed for Sale $230,000
  • 26 Apr 2015
    Listed for Sale $189,000
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About Larnook 2480

The size of Larnook is approximately 47.6 square kilometres. It has 3 parks. The population of Larnook in 2011 was 372 people. By 2016 the population was 385 showing a population growth of 3.5% in the area during that time. The predominant age group in Larnook is 10-19 years. Households in Larnook are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Larnook work in a professional occupation. In 2011, 77.7% of the homes in Larnook were owner-occupied compared with 80.8% in 2016..

Larnook has 233 properties. Over the last 5 years, Houses in Larnook have seen a 52.92% increase in median value, while Units have seen a 58.17% increase. As at 31 October 2024:

  • The median value for Houses in Larnook is $844,387 while the median value for Units is $406,289.
There are currently 9 properties listed for sale, and 1 property listed for rent in Larnook on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Larnook.

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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.