OFF MARKET

397 Dreves Road
Mount Olive NSW 2787

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 238m2
Land area: 485200m2
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Property Details for 397 Dreves Rd, Mount Olive

Building Type
Land
Year Built
1998
Floor Size
238m2
Land Size
485200m2
Local Government
Oberon
Lot/Plan
22/DP1122955

Last Listing description (March 2017)

Dreves Rapids is nestled in a private valley on the banks of the Fish River, just 15 minutes easy drive from the centre of Oberon and within 2.5 hours of Sydneys CBD.
Approx. 320 meters frontage of Fish River featuring deep water holes, rocky rapids and large Granite boulders
A Hebel homestead with double glazed timber windows offering excellent insulation

Four bedrooms upstairs, large family/dining areas off a country timber kitchen
Self-contained loft accommodation/studio with large mezzanine bedroom
Approx. 118 acres comprising of 40 acres of open improved grazing country perfect to run a few cattle and rugged bushland ideal for hiking, exploring and motorbike riding
Steel cattle yards in the main paddock with loading ramp and head bail for easy handling
Currently running around 20 Angus cows and calves
An idyllic lifestyle property with arguably one of the best frontages to the Fish River in the district.

Property History for 397 Dreves Rd, Mount Olive, NSW 2787

A timeline of how this property has performed in the market
Last Sold
$850,000
27 Aug 2015
  • 30 Aug 2021
    Sold
  • 27 Aug 2015
    Sold for $850,000
  • 28 Jan 2015
    Listed for Sale $990,000
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About Mount Olive 2787

The size of Mount Olive is approximately 27 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Mount Olive in 2011 was 200 people. By 2016 the population was 6 showing a population decline of 97.0% in the area during that time. The predominant age group in Mount Olive is 10-19 years. Households in Mount Olive are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Olive work in a managers occupation. In 2011, 83.4% of the homes in Mount Olive were owner-occupied compared with 100% in 2016..

Mount Olive has 35 properties. Over the last 5 years, Houses in Mount Olive have seen a 34.29% increase in median value. As at 31 October 2024:

  • The median value for Houses in Mount Olive is $842,760.
There are currently no properties listed for sale, and no properties listed for rent in Mount olive on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Mount olive.

Suburb Insights for Mount Olive 2787

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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.