OFF MARKET

52/916 Peach Tree Road
Megalong Valley NSW 2785

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 400900m2
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Property Details for 52/916 Peach Tree Rd, Megalong Valley

Building Type
Rural
Land Size
400900m2
Local Government
Lithgow City

Last Listing description (October 2024)

A rare opportunity to acquire a strategic one-off land holding with views to both Megalong and Kanimbla Valleys with part of the title traversing "The Saddle" ridgeline.
A tight knit rural community with outstanding supporting values and significant exclusive rural homesteads, renovated Tea Rooms and a new restaurant nearby. The property has a convenient tar sealed access to the front entry off the newly upgraded Peach Tree Road.
Over 625 metres of Cox's River frontage with the crystal clear water containing trout and platypus.

Magnificent Blue Mountains escarpment views and many Wedge Tail Eagles who make Mount Sandy their home. A concrete, flood proof river crossing is accessed from Megalong Valley, town water available (on application) and domestic water from Cox's River is applicable. Access to construct a mains electricity line is available via an easement on the adjoining property or the block would suit an off grid solar energy set up. High speed broadband internet is also available via rural access to Star-link SpaceX technology.
Two excellent dams (one spring-fed), making a great yabbie dam.
A short drive from Blackheath through ancient rainforest, with railway station to the city and 2 hours drive from the Sydney CBD.

A one in a lifetime opportunity to purchase in a wonderful valley within striking distance of Sydney.

Property History for 52/916 Peach Tree Rd, Megalong Valley, NSW 2785

A timeline of how this property has performed in the market
  • 30 Jun 2024
    Listed for Sale $1,950,000
  • 22 Jan 2024
    Listed for Sale $2,500,000

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About Megalong Valley 2785

The size of Megalong Valley is approximately 98.1 square kilometres. It has 5 parks covering nearly 2.8% of total area. The population of Megalong Valley in 2011 was 4,569 people. By 2016 the population was 134 showing a population decline of 97.1% in the area during that time. The predominant age group in Megalong Valley is 50-59 years. Households in Megalong Valley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Megalong Valley work in a managers occupation. In 2011, 73.6% of the homes in Megalong Valley were owner-occupied compared with 78.7% in 2016..

Megalong Valley has 172 properties. Over the last 5 years, Houses in Megalong Valley have seen a 34.85% increase in median value. As at 31 October 2024:

  • The median value for Houses in Megalong Valley is $1,219,070.
There are currently 2 properties listed for sale, and no properties listed for rent in Megalong valley on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Megalong valley.

Suburb Insights for Megalong Valley 2785

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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.