OFF MARKET

251 Gunnee Road
Mount Russell NSW 2360

Bedrooms: 7
Bathrooms: 3
Car spaces: 4
Land area: 31140m2
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Property Details for 251 Gunnee Rd, Mount Russell

Building Type
Rural
Land Size
31140m2
Local Government
Inverell
Lot/Plan
353/DP754847

Last Listing description (September 2024)

For the first time in over 100 years, Ray White Rural Inverell are proud to offer to the public this First Class Farming Operation. Consisting of 511.6 hectares - 1,264.19 acres of heavy black, chocolate and red basalt soils. 357 hectares currently cultivated and very well managed supported by 154.6 hectares of productive grazing country. Centrally located in a highly regarded, high production and reliable rainfall area just 31kms North West of Inverell and 12kms North East of Delungra. Improvements consist of two homes. The main home being 4 bedrooms, ensuite with multiple living areas and the second home is a comfortable 3 bedroom air conditioned home. Both homes feature expansive rural views. Externally the property has two large machinery sheds, 3 bay garage, several sheds & buildings, a shearing shed, sheep yards and 630 tonne grain storage (8 silos). Water is a feature on the property with four bores and several dams. The property has a long history of fertiliser and weed management and is subdivided into 11 paddocks. 485 acres planted to wheat in May 2024 and the 381 acres of established grass country is destocked and carrying a good body of feed ready for the successful purchaser to commence production immediately. Genuine vendors motivated to diversify their rural assets ready for retirement. For a full Information Memorandum or further particulars contact Ron Berkley 0417 612 660 or Tyler Berkley 0455 681 002.

Property History for 251 Gunnee Rd, Mount Russell, NSW 2360

A timeline of how this property has performed in the market
  • 25 Mar 2024
    Listed for Sale $6,250,000

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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 39.24% increase in median value. As at 30 November 2024:

  • The median value for Houses in Mount Russell is $255,476.
There are currently no properties listed for sale, and no properties listed for rent in Mount russell on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Mount russell.

Suburb Insights for Mount Russell 2360

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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.