OFF MARKET

2890 Lue Road
Lue NSW 2850

Bedrooms: 7
Bathrooms: 4
Car spaces: 4
Land area: 88700m2
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Property Details for 2890 Lue Rd, Lue

Building Type
Land
Land Size
88700m2
Local Government
Mid-Western Regional
Lot/Plan
26/DP755428

Last Listing description (April 2018)

Situated on the edge of the historic and picturesque village of Lue only 29kms from Mudgee or 20kms from Rylstone this exceptional property offers 3 separate homes giving a choice of residence with 2 potential incomes or rent all of them and take advantage of the rental demand in the area.
Nollomor comprises an impressive 21 acre allotment with abundant water and good shedding just minutes from the village pub, 3 dams, a fully equipped bore, 2 x 90,000 and 1 x 20,000 litre rain water tanks, an 11 metre in ground pool, established yards, gardens and trees in a peaceful rural setting with rural views.
It s your choice of homes or rental properties. There s a 2 bedroom home with dining area, 2 living areas and 3 outdoor areas, a modern well designed 1 bedroom self-contained cottage alongside, plus a rambling unique styled 4 bedroom home with 3 bathrooms, period features and a choice of living areas well set back from the other residence to ensure your peace and privacy.

Grab your calculator and do your own sums. This property stacks up as a residence and income stream, full investment opportunity or home with accommodation for extended family friends, or as a potential B&B. Either way you split it up, the property is a standout.
The location is ideal, the potential and features are endless and the recent price deduction makes this one of the best buys in the district.
See for yourself. Call the team at First National Kandos Rylstone on 02 6379 1955, Geoff Bartlett 0413 488 188 or Paul Bartlett 0417 220 870.
220 870.

Property History for 2890 Lue Rd, Lue, NSW 2850

A timeline of how this property has performed in the market
Last Sold
$685,000
19 Feb 2018
  • 16 Sep 2022
    Sold
  • 19 Feb 2018
    Sold for $685,000
  • 15 Apr 2016
    Listed for Sale $699,995
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About Lue 2850

The size of Lue is approximately 120 square kilometres. It has 1 park. The population of Lue in 2011 was 457 people. By 2016 the population was 184 showing a population decline of 59.7% in the area during that time. The predominant age group in Lue is 40-49 years. Households in Lue are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lue work in a managers occupation. In 2011, 84% of the homes in Lue were owner-occupied compared with 84.5% in 2016.

Lue has 157 properties. Over the last 5 years, Houses in Lue have seen a 101.40% increase in median value. As at 31 October 2024:

  • The median value for Houses in Lue is $759,160 while the median value for Units is $683,711.
There are currently no properties listed for sale, and no properties listed for rent in Lue on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Lue.

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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.