1505 Millthorpe RoadMillthorpe NSW 2798
Property Details for 1505 Millthorpe Rd, Millthorpe
Last Listing description (February 2020)
- Set on 5.5 acres only a few minutes drive from the lovely village of Millthorpe this well appointed lifestyle property has plenty of great features including: a 4 bedroom home, sheds, and an established Saffron plantation.
- The home is a 1920s weatherboard with 10ft pressed tin ceilings; an open plan kitchen, dining, living area; a large office, 2nd living area or 4th bedroom; double glazed windows; reverse cycle airconditioning; solar hot water; and a slow combustion heater.
- There are timber floors in the master bedroom plus a ceiling fan, built in wardrobes and an adjoining ensuite and the other bedrooms have carpet and built in wardrobes.
- Outside there is a lovely verandah running of the circumference of the building, an enclosed easy to maintain backyard, a large 9 x 7m 2 car lock up garage with workshop space, garden shed, 2 x 10,000 gallon rainwater tanks, and a stock and domestic bore.
- Away from the house is a 9 x 6m 3 bay steel frame machinery shed with a lock up store room, a small set of cattle yards and chook and duck yards.
- The Saffron plantation is established on productive basalt soils, is very well suited to the Millthorpe climate, and has plenty of room for growth through natural expansion.
- Current Saffron production is approx 700 grams per annum, from about 80,000 bulbs, and the spice is sold for $45/gram on average.
- Located a short drive from historic Millthorpe, with the school bus from the front gate, this great property is a combination of rural lifestyle and established niche business.
Property History for 1505 Millthorpe Rd, Millthorpe, NSW 2798
- 23 Dec 2019Sold for $670,000
- 28 Sep 2019Listed for Sale $725,000
- 18 Apr 2016Sold for $2,690
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0About Millthorpe 2798
The size of Millthorpe is approximately 76.4 square kilometres. The population of Millthorpe in 2011 was 1,109 people. By 2016 the population was 1,228 showing a population growth of 10.7% in the area during that time. The predominant age group in Millthorpe is 0-9 years. Households in Millthorpe are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Millthorpe work in a professional occupation. In 2011, 78.7% of the homes in Millthorpe were owner-occupied compared with 80.6% in 2016.
Millthorpe has 711 properties. Over the last 5 years, Houses in Millthorpe have seen a 79.43% increase in median value, while Units have seen a 471.57% increase. As at 31 October 2024:
- The median value for Houses in Millthorpe is $764,704 while the median value for Units is $461,933.
- Houses have a median rent of $500.
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