24B The Ballabourneen Lovedale NSW 2325
Property Details for 24b The Ballabourneen, Lovedale
Last Listing description (December 2023)
Set in one of the Hunter's most coveted addresses among amazing estates, guest houses and vineyards, this extremely rare five acre parcel of land is serenely private and already has development approval for a large country home.
The property is elevated with only a gentle slope which allows you to capture the views across the vineyards and countryside to the Brokenback Range. Established stands of trees provide a leafy amenity and natural screening from neighbouring properties and a beautiful earth dam provides ample water as well as a visual feature. The driveway is now fully constructed and the block is surrounded by vineyards and only minutes to restaurants, concert venues and golf courses. It enjoys easy access to the Hunter Expressway which takes you direct to Sydney in around 2 hours and Newcastle in around 45 minutes.
Inspection by private appointment.
Property History for 24b The Ballabourneen, Lovedale, NSW 2325
- 04 Oct 2023Sold for $850,000
- 14 Sep 2023Listed for Sale EXPRESSIONS OF INTEREST
- 19 Jan 2021Sold for $649,000
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0About Lovedale 2325
The size of Lovedale is approximately 43.8 square kilometres. It has 3 parks covering nearly 16.1% of total area. The population of Lovedale in 2011 was 339 people. By 2016 the population was 494 showing a population growth of 45.7% in the area during that time. The predominant age group in Lovedale is 60-69 years. Households in Lovedale are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Lovedale work in a professional occupation. In 2011, 81.5% of the homes in Lovedale were owner-occupied compared with 86.1% in 2016.
Lovedale has 419 properties. Over the last 5 years, Houses in Lovedale have seen a 82.19% increase in median value. As at 31 October 2024:
- The median value for Houses in Lovedale is $1,871,000 while the median value for Units is $396,711.
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