SOLD
Sold on 11 Jan 2024 for $4,300,000

788 Loomberah Road
Loomberah NSW 2340

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 1679000m2
Sold By
LAWD Pty Ltd
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Property Details for 788 Loomberah Rd, Loomberah

Building Type
Rural
Land Size
1679000m2
Local Government
Tamworth Regional
Lot/Plan
8/DP755329

Last Listing description (February 2024)

McCulloch Agencies is pleased to offer "Wee Goonoo" to the market. Situated 20 minutes Southeast of the Tamworth city centre providing leading education, health, and Agri-services along with air and rail. "Wee Goonoo" offers both lifestyle and productivity.

"Wee Goonoo" encompasses 167.9Ha/414.88Ac of undulating and productive flats with a mix of light through to heavier red and black soils. The property has a mix of native pastures, oats, and barley with most paddocks recently been sown. Water is a key feature with Reedy Creek constantly running, troughs in every paddock as well as 9 dams, some filled with cod, yellowbelly, and silver perch approximately 2 years ago. "Wee Goonoo" is fenced up into 19 paddocks with a well-thought laneway system connecting the western end of the property to the Reedy Creek paddock below the cattle yards. "Wee Goonoo" has top-quality infrastructure including a 5-bay machinery shed and cattle yards with several smaller holding paddocks surrounding the yards and homestead making it convenient for ease of mustering and processing.
A feature of the property is the majestic 4-bedroom, 2-bathroom brick homestead surrounded by a beautiful garden, with outstanding views over the district as well as an art studio which is detached from the homestead providing a space with a quiet yet entertaining aspect that will accommodate for all.

- 4 bed, 2 bath homestead
- Detached Art Studio including a wine & whiskey cellar
- 2 car garage
- 5 bay machinery shed (30m x 6m) * with cement floor at either end, lock up workshop, 3 phase power and 13.5kw solar connected to the grid
- Hayshed (20m x 10m) *
- Steel cattle yards 200* head capacity with covered working area around crush (CRT super squeeze), power, water & lighting
- Several paddocks recently been sown down to Oats, Wheat and Barley

Agent's Comment
Not very often does a property of this exceptional quality hit the market in such a tightly held area. All infrastructure has been replaced by the current owner including fencing, water, house, shedding, etc. All parts and products are of the highest quality possible.

Property History for 788 Loomberah Rd, Loomberah, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$4,300,000
11 Jan 2024
  • 11 Jan 2024
    Sold for $4,300,000
  • 11 Dec 2023
    Listed for Sale $4,500,000
  • 19 Jul 2023
    Listed for Sale $4,500,000
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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.