SOLD
Sold on 15 Jul 2024 for $1,282,000

20 Burgoon Lane
Molong NSW 2866

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1122000m2
Sold By
PRD Real Estate Orange
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Property Details for 20 Burgoon Lane, Molong

Building Type
Rural
Land Size
1122000m2
Local Government
Cabonne
Lot/Plan
206/DP753251

Last Listing description (October 2024)

This 277 * acre (112 ha) farm has been in the same family since 1929 and offers gently undulating, cleared and totally arable land with productive soil, appropriate tree cover for stock and a good mixture of perennial grasses. The property is in a tightly held area, and boasts an enviable lifestyle on a holding that has been well cared for by the one family for generations. Improvements include, a three bedroom older style homestead well situated to provide sweeping views of the surrounding countryside, 12 fenced paddocks, 10 dams, grain shed, 8t silo and cattleyards with ramp, the opportunity to undertake a variety of agricultural endeavours awaits such as cattle, sheep, cereal cropping or with expansion of the existing dams, even an orchard is feasible. Additionally, there is good bore water in the area; the potential is unlimited. There is also a permanent creek.

Featuring an older style homestead with three bedrooms and a fourth room as an office or hobby space, the house boasts some original period features including pressed metal ceilings, wooden architraves and coloured glass windows.

This holding would suit those who want to begin or expand upon their agricultural pursuits or embrace great lifestyle getaway for a professional or business person who desires open spaces or a tree change.

Situated less than a 10 minute drive to Molong there is a primary and high school bus at the corner of the property. Molong offers a charming village atmosphere with its many sporting clubs, two primary schools, high school and preschool, and local shopping or Orange is less than a 40 minute drive with all this thriving centre has to offer.

This is your chance to secure a lovely property in a productive area that is still close to services.
Rates $432 quarter

Property History for 20 Burgoon Lane, Molong, NSW 2866

A timeline of how this property has performed in the market
Last Sold
$1,282,000
15 Jul 2024
  • 15 Jul 2024
    Sold for $1,282,000
  • 29 Mar 2024
    Listed for Sale 1,450,000
  • 18 Aug 2005
    Sold for $350,000

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About Molong 2866

The size of Molong is approximately 425.3 square kilometres. It has 2 parks. The population of Molong in 2011 was 2,515 people. By 2016 the population was 2,594 showing a population growth of 3.1% in the area during that time. The predominant age group in Molong is 10-19 years. Households in Molong are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Molong work in a managers occupation. In 2011, 74.1% of the homes in Molong were owner-occupied compared with 71.2% in 2016.

Molong has 1,490 properties. Over the last 5 years, Houses in Molong have seen a 82.46% increase in median value, while Units have seen a 91.26% increase. As at 30 September 2024:

  • The median value for Houses in Molong is $497,486 while the median value for Units is $484,057.
  • Houses have a median rent of $430.
There are currently 22 properties listed for sale, and 4 properties listed for rent in Molong on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Molong.

Suburb Insights for Molong 2866

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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.