OFF MARKET

60 Nicholls Road
Mummulgum NSW 2469

Bedrooms: 7
Bathrooms: 6
Car spaces: 8
Land area: 554600m2
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Property Details for 60 Nicholls Rd, Mummulgum

Building Type
Land
Land Size
554600m2
Local Government
Kyogle
Lot/Plan
421/DP1087425

Last Listing description (October 2023)

Rare opportunity to purchase a property with 2 well maintained houses on 53.44 ha.

Excellent improvements with outstanding horse setup including sand yard. Fencing is in good order with 4 main paddocks and 7 holding paddocks. Water is a definite feature with a permanent spring fed creek, as well as a number of other dams. There has been extensive pasture improvement with Rhodes Grasses, Paspalum and Clovers.


This property has been well run with cattle and horses in fine fettle. Weaners have regularly topped the Casino Market. With Current market conditions 2nd house would rent for $350.00 per week.

Well worth noting that the property is only 18 minutes to Casino with only 1km of dirt road to the houses.

Property Code: 439

Property History for 60 Nicholls Rd, Mummulgum, NSW 2469

A timeline of how this property has performed in the market
Last Sold
$770,000
12 May 2020
  • 12 May 2020
    Sold for $770,000
  • 18 Jan 2018
    Listed for Sale $780,000
  • 27 Feb 2017
    Listed for Sale $1,490,000
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About Mummulgum 2469

The size of Mummulgum is approximately 47.4 square kilometres. It has 1 park covering nearly 10.5% of total area. The population of Mummulgum in 2011 was 261 people. By 2016 the population was 104 showing a population decline of 60.2% in the area during that time. The predominant age group in Mummulgum is 50-59 years. Households in Mummulgum are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mummulgum work in a managers occupation. In 2011, 77.4% of the homes in Mummulgum were owner-occupied compared with 73.6% in 2016..

Mummulgum has 62 properties. Over the last 5 years, Houses in Mummulgum have seen a 38.35% increase in median value. As at 30 September 2024:

  • The median value for Houses in Mummulgum is $375,063.
There are currently 1 property listed for sale, and no properties listed for rent in Mummulgum on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Mummulgum.

Suburb Insights for Mummulgum 2469

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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.