SOLD
Sold on 30 Aug 2024 for $1,750,000

245 Burts Lane
Mount Russell NSW 2360

Bedrooms: -
Bathrooms: -
Car spaces: 9
Land area: 1621000m2
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Property Details for 245 Burts Lane, Mount Russell

Building Type
Rural
Land Size
1621000m2
Local Government
Inverell
Lot/Plan
2/DP557586

Last Listing description (October 2024)

Ray White Inverell offers 'For Sale' a Productive Farming Operation consisting of 162.1 hectares / 400.55 acres of quality basalt soils. Situated 29kms West of Inverell or 8.5kms East of Delungra. 100 hectares arable recently planted to Wheat in 'May 24' and the balance 62 hectares of undulating basalt grazing areas. Improvements include Comfortable 3 bedroom weatherboard home featuring a loungeroom, dining room, sunroom, ducted evaporative air-conditioning, and single lock up garage. The home has an Easterly aspect with lovely countryside views from the front deck. Machinery shed with 4 bays, 3 x 75 tonne silos, 3 smaller sheds and a 3 stand shearing shed with steel sheep yards and a good amount of under shed dry sheep holding area. Water is by way of a solar equipped bore, 5 water tanks and 3 dams. For further information contact Ron Berkley 0417-612 660 or Tyler Berkley 0455-681 002.

Property History for 245 Burts Lane, Mount Russell, NSW 2360

A timeline of how this property has performed in the market
Last Sold
$1,750,000
30 Aug 2024
  • 01 Sep 2024
    Listed for Sale $1,850,000
  • 30 Aug 2024
    Sold for $1,750,000

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About Mount Russell 2360

The size of Mount Russell is approximately 70 square kilometres. The population of Mount Russell in 2011 was 310 people. By 2016 the population was 106 showing a population decline of 65.8% in the area during that time. The predominant age group in Mount Russell is 50-59 years. Households in Mount Russell are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Mount Russell work in a managers occupation. In 2011, 81.3% of the homes in Mount Russell were owner-occupied compared with 82.1% in 2016..

Mount Russell has 72 properties. Over the last 5 years, Houses in Mount Russell have seen a 17.40% increase in median value. As at 31 October 2024:

  • The median value for Houses in Mount Russell is $259,438.
There are currently 1 property listed for sale, and no properties listed for rent in Mount russell on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Mount russell.

Suburb Insights for Mount Russell 2360

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Ray White Rural Inverell
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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.