OFF MARKET

689 Mountain Creek Road
Mullengandra NSW 2644

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 9574400m2
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Property Details for 689 Mountain Creek Rd, Mullengandra

Building Type
Rural
Year Built
1964
Land Size
9574400m2
Local Government
Hume
Lot/Plan
A/DP416519

Last Listing description (November 2018)

'Lowana' presents as an opportunity to purchase a sizeable parcel of genuine grazing/cropping development land set among an enclave of tightly held, well established rural enterprises. 'Lowana' Area:957ha (2360Ac) freehold land. 'Lowana' Location:A prime southern New South Wales location. Albury City is only 40kms via Hume Freeway and sealed Mountain Creek Road. Holbrook 22kms via sealed road. Long frontage to Mountain Creek Road. Lake Hume is 15kms away. An easy accessed popular location. 'Lowana' Climate:Adjacent to the Mountain Creek Valley regarded as a pleasant temperate climate with average temperatures of 20-21 degrees. The whole district is regarded as the most climatically stable area in southern New South Wales. 'Lowana' Rainfall:East of Albury and the Holbrook district in general is regarded as a 680mm-700mm(27-28) annual rainfall area. 'Lowana' Land Description:'Lowana' divides itself into four (4) distinct areas being pasture improved country (approximately 300ha), improved pastured country (approximately 530ha) and a quieter 40ha of higher, steeper country and 65ha of light, sparse, unencumbered regrowth area. Each area compliments the other and fencing has been designed to allow for management around each area. 'Lowana' Soils:'Lowana' lends itself to be improved by way of pasture immediately with emphasis placed on the 350ha of natural pasture country. This country in the main is grey & red loam country with areas of decomposed red granite country and some small areas of shale country. 'Lowana' will improve dramatically under a more intensive management program. 'Lowana' Fencing:The boundary fencing has been maintained to a high level and is in good condition. Boundary fencing is mostly netting fencing. The property is subdivided into 15 paddocks and again is in very good condition, comprised of netting, barbs, plain and ring-lock with mostly steel posts and substantial strainers. 'Lowana' Water:A reliable and well maintained water system with a bore supplying the surrounds, and some troughing plus 22 strategically placed catchment areas throughout the property, some of which are spring fed. Rainwater catchment tank services the residence (100, 000L). Improvements: Accommodation- 'Lowana' Main Residence An impressive brick veneer home in excellent condition with many 1960's features. Built in 1964 by master builders of the era Garland Bros, this spacious family home is sited in an elevated position and comprises of: - Three (3) bedrooms all with built in robes plus a huge sleep out/dormitory which will convert readily to extra living area. Adjoining dressing room with built in cupboards and draws. Purpose built for large family. Two (2) family bathrooms plus extra shower and toilet in work/wash room. - A large practical country style kitchen has an abundance of cupboards and bench space with double sink, electric stove, Raeburn fuel stove, large 'walk-in' pantry plus and extra office or store room. The kitchen leads to a large comfortable lounge dining room with slow combustion heater in attractive brick surround with overhead fans and doors to rear of home. Adjoining this room is a sunroom/living room with 'etched' glass doors and windows. - Household water is via 20, 000 gal (100, 000L) rainwater and tanks while gardens and surrounds are serviced from bore. 'Lowana Cottage' An older type cottage is of fibro sheet construction with iron roof. Three (3) bedrooms and a bathroom. Open plan living with kitchen and meals. Wood fire for heating with split system for heating and cooling. Separate septic system, power supply. Comfortable extra accommodation for family or employees. Separate driveway access. Located some distance from the main residence. Working Improvements: - Four stand wool shed (electric gear). - Sheep yards and dip. - Machinery shed, steel construction, 20x12m, open front. - Steel cattle yards. - Three (3) grain silos. Remarks: 'Lowana' is a genuine grazing property with the opportunity to crop a large proportion of the property. The location, the size, the water and fencing all speak for themselves. The opportunity to develop the already sound productivity of the property by way of pasture improvement in the higher rainfall area would seem unique. Inspection is recommended. DISCLAIMER:Whilst every care is taken to supply accurate information our company cannot be held responsible for any incorrect information. Property Code:1528

Property History for 689 Mountain Creek Rd, Mullengandra, NSW 2644

A timeline of how this property has performed in the market
Last Sold
$4,550,000
12 Oct 2018
  • 12 Oct 2018
    Sold for $4,550,000
  • 01 Sep 2018
    Listed for Sale Not Disclosed
  • 15 Jul 2013
    Sold for $2,000,000
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About Mullengandra 2644

The size of Mullengandra is approximately 127.2 square kilometres. It has 4 parks covering nearly 2.7% of total area. The population of Mullengandra in 2011 was 323 people. By 2016 the population was 115 showing a population decline of 64.4% in the area during that time. The predominant age group in Mullengandra is 50-59 years. Households in Mullengandra are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mullengandra work in a managers occupation. In 2011, 75.5% of the homes in Mullengandra were owner-occupied compared with 86.3% in 2016..

Mullengandra has 91 properties. Over the last 5 years, Houses in Mullengandra have seen a 106.23% increase in median value. As at 31 October 2024:

  • The median value for Houses in Mullengandra is $966,354 while the median value for Units is $1,000,467.
There are currently 3 properties listed for sale, and no properties listed for rent in Mullengandra on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Mullengandra.

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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.