404 Bara-Lue RoadLue NSW 2850
Property Details for 404 Bara-Lue Rd, Lue
Last Listing description (September 2019)
An impressive 595 hectares (approx. 1470 acres) only 27kms from Mudgee sits this property of grand proportions, with an ideal mixture of cleared, arable creek flats and grazing country.
Host to an abundance of water, 2 stand shearing shed, original shedding, mains power and complete with a three bedroom cottage, this property presents itself as a must-see project.
- 595 hectares (approx. 1470 acres) of land
- Two bedroom cottage providing an exciting renovating opportunity
- Abundance of shedding including wool shed in good condition with original sheep yards, 2 bay machinery shed, concrete cool room
- 11 dams, Wet Swamp Creek frontage, fresh water storage and non operational original windmill
- Mains power with newly replaced transformer box
- Currently adjusting 1000 merino sheep (Estimated 1DSE property)
- Boundary fenced (a portion brand new), internal paddock fencing in original to poor condition
- With regular supering, pasture improvement and direct drilling will be suitable for a commercial cattle and or sheep enterprise
- An amazing opportunity to enter a commercial size property at entry level
- Roll up the sleeves and the opportunities are endless
Rural properties of this size are a rare find and it is sure to be an enticing prospect for many, be among the first to view this substantial property - call us today to arrange your inspection.
Property History for 404 Bara-Lue Rd, Lue, NSW 2850
- 11 Jul 2019Sold for $1,175,000
- 04 Jul 2019Listed for Sale Not Disclosed
- 15 May 1987Sold for $190,000
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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.
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