OFF MARKET

498 Mount Fairy Road
Mount Fairy NSW 2580

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 428500m2
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Property Details for 498 Mount Fairy Rd, Mount Fairy

Building Type
Rural
Land Size
428500m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
15/DP1217187

Last Listing description (August 2024)

This 283 ha (700acre) parcel of land has been in the same family for more than 45 years, and the hardwork and dedication over the decades is clear and evident.

Situated 23 kilometres north of Bungendore, 46 kilometres from Goulburn, 61 kilometres from Canberra/Airport and 245km from Sydney with barely a traffic light the whole way, Carora is well-sited for all possible future endeavours.

This gorgeous property has proven itself to be ideal for livestock breeding and fattening, the improved perennial pastures throughout the property are well-established and include phalaris, cocksfoot, and clovers. The land features gently undulating and clean paddocks with designated pine tree and native shelter belts including some recent plantings and the good quality Sodosols soil types support the perennial pasture establishment and longevity for livestock enterprises. The property is subdivided into 8 main paddocks, all with access to a central laneway system providing ease of management.

Comprising direct frontage to Mulwaree River on the western boundary and an additional 8 surface dams accessible from each paddock, the property is well equipped to support an appealing stocking rate. Carora has operated as an Angus cattle breeding and fattening enterprise in conjunction with a Merino sheep flock for many years, carrying capacity is estimated at approximately 2,000-2,200 dse or 130 breeding cows and followers.

Great location, quality pastures and an average annual rainfall in excess of 680mm combine to make Carora an attractive add-on to an established operation, or a self funding speculative block offering the potential for sub-division (subject to council approval). The property comprises 7 freehold titles with all-weather council-maintained public road access from Willandra Lane, and with zoning that allows a minimum subdivision area of 40 hectares (100 acres) (subject to council approval). A previously approved 7 lot subdivision has lapsed and studies would require a refresh.

Call Doug Merriman for more information on 0419 999 001 or Ray White Bungendore at 6238 0700.

DISCLAIMER. We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

Property History for 498 Mount Fairy Rd, Mount Fairy, NSW 2580

A timeline of how this property has performed in the market
Last Sold
$389,000
19 Aug 2016
  • 30 Oct 2023
    Listed for Sale Contact Agent
  • 19 Aug 2016
    Sold for $389,000

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About Mount Fairy 2580

The size of Mount Fairy is approximately 91.9 square kilometres. The population of Mount Fairy in 2011 was 185 people. By 2016 the population was 207 showing a population growth of 11.9% in the area during that time. The predominant age group in Mount Fairy is 50-59 years. Households in Mount Fairy are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Fairy work in a trades occupation. In 2011, 90.7% of the homes in Mount Fairy were owner-occupied compared with 90.8% in 2016.

Mount Fairy has 140 properties. Over the last 5 years, Houses in Mount Fairy have seen a 43.53% increase in median value. As at 31 October 2024:

  • The median value for Houses in Mount Fairy is $1,132,905.
There are currently 1 property listed for sale, and no properties listed for rent in Mount fairy on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Mount fairy.

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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.