OFF MARKET

61 Pendene Road
Loomberah NSW 2340

Bedrooms: 3
Bathrooms: 2
Car spaces: 6
Land area: 938600m2
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Property Details for 61 Pendene Rd, Loomberah

Building Type
Rural
Land Size
938600m2
Local Government
Tamworth Regional
Lot/Plan
32/DP855313

Last Listing description (March 2022)

Encapsulating all the best elements the region has on offer, "Homelea" is an outstanding grazing property that perfectly combines old-world charm and modern conveniences to deliver a property that is sure to exceed your expectations.

As you enter "Homelea" along the bank of your very own water oasis, you instantly feel the serenity and a true sense of the love and hard work that has gone into making this picturesque and historic rural holding.


Being offered for only the 2nd time in its 110 year history, "Homelea's" historical significance and character-filled buildings, present an outstanding opportunity for an astute buyer to secure a grand private residence or a unique venture to further develop into a wonderful wedding reception or accommodation venue. The opportunities are only limited by your imagination.

"Homelea" features a circa 1920 character-filled colonial homestead which has been impeccably restored and renovated to what can only be described as perfection. Impressive both inside and out with decorative faade the homestead has retained stunning original features such as the 2 original fireplaces, magnificent 11foot high pressed metal ceilings and 6inch polished timber floors.

"Homelea" sits on a productive 93.86ha (231.92ac) and boasts well thought out and ample farm infrastructure, including a large enclosed and lockable workshop, machinery shed, a large iconic woolshed constructed in the early 1900's, as well as the original meat house, steel cattle yards with crush and race and grain storage. The property enjoys an abundance of natural water supplied via several catchment dams, wells and bore, plus a sound standard of fencing throughout with approx. 80% of the farm's fences renewed in recent years constructed from a combination of 5-line wire and barb, in addition to electric fencing.

"Homelea" is ideally situated in the sought-after Loomberah district, 20 km* Southeast of Tamworth well known for its highly productive fertile open flats and gently undulating land types as well as its rich local history.

Featuring a beautifully restored colonial homestead, surrounded by well-established trees & manicured grounds
• Abundance of natural water via 1km Sandy Creek frontage + 100meg water licence & irrigation hydrants & large dam
• Excellent farm infrastructure including 10m x 16m workshop with 3 phase power & 19m x 17m open machinery shed
• Divided into 8 main paddocks with a centralised laneway, 80% renewed fencing with 6 to 8kv electric fencing
Large iconic woolshed plus steel cattle yards with undercover crush & race, 10 concrete water troughs
• Productive predominantly chocolate to red with some basalt soil types, 90% arable with consistent fertiliser history
Land Size 93.86 Ha / 231.92 Ac

Property History for 61 Pendene Rd, Loomberah, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$3,150,000
11 Apr 2023
  • 11 Apr 2023
    Sold for $3,150,000
  • 16 Sep 2021
    Listed for Sale Price on Application
  • 17 Nov 1995
    Sold for $250,000

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About Loomberah 2340

The size of Loomberah is approximately 300.7 square kilometres. It has 2 parks covering nearly 3.1% of total area. The population of Loomberah in 2011 was 487 people. By 2016 the population was 500 showing a population growth of 2.7% in the area during that time. The predominant age group in Loomberah is 40-49 years. Households in Loomberah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Loomberah work in a managers occupation. In 2011, 78.9% of the homes in Loomberah were owner-occupied compared with 79.6% in 2016.

Loomberah has 211 properties. Over the last 5 years, Houses in Loomberah have seen a 68.94% increase in median value. As at 31 October 2024:

  • The median value for Houses in Loomberah is $935,101 while the median value for Units is $386,426.
There are currently 3 properties listed for sale, and no properties listed for rent in Loomberah on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Loomberah.

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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.