OFF MARKET

64 Old School House Lane
Mungay Creek NSW 2440

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 161900m2
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Property Details for 64 Old School House Lane, Mungay Creek

64 Old School House Lane, Mungay Creek is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1985. The property has a land size of 161900m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
1985
Floor Size
94m2
Land Size
161900m2
Local Government
Kempsey
Lot/Plan
64/DP752433

Last Listing description (April 2023)

It's the perfect all-round lifestyle block only 25 minutes west of Kempsey and 5 minutes from the village of Willawarrin. And it's set down off the road in a fairly private and very quiet location.

But let's get one thing clear upfront, this is priced for 'block and services connected', nothing added for house as it will be 50/50 weather someone wants the house to fix up or may demolish or use as a storage shed!

You see the single level brick veneer house (on concrete slab) has had white ants, yes they have been treated but no, we don't know what true damage has been done. It could be the entire frame, it could be half the house, in could just be a few sections. From my brief look in the ceiling through the manhole I couldn't see any obvious damage in the trusses - you might get lucky and have a good tiled roof. At the worst case you have a concrete slab, brick external walls and windows left.

Now, the block! I call it a great hobby farm block because it has:

- 16Ha. (40Ac)
- RU2 Zoning.
- Dwelling entitlement.
- Creek frontage to Mungay Creek + 2 dams.
- 50% clear pasture improved with Kikuyu.
- 50% open bushland - lifetime supply of fire wood, shade and shelter for stock.
- Open sunny 'house site' soft hill with North, East, South West aspect - perfect for grazing cattle or horse or any growing.
- Rich alluvial soils, loamy soils, clay soils.
- Good drainage.
- Established fruit trees.
- Power connected.
- Water tank connected.
- Septic tank connected.
- Privately & peacefully set off the road.

It really is a great block, the type that is hard to find, with a good balance of everything. So, you can resurrect the home, or convert it to a shed/storage/studio, or knock it down.

With the RU2 zoning you can have two dwellings if you wish (subject to Council approval) and you can build a rural shed/s up to total 200sqm without a Development Approval or with Development Approval you can build bigger shedding.

Be quick. Just make sure you have finance for 'land' as the bank/mortgage insurers may not approve the 'house'.

Call us any day, anytime.

Property History for 64 Old School House Lane, Mungay Creek, NSW 2440

A timeline of how this property has performed in the market
Last Sold
$460,000
20 Mar 2023
  • 20 Mar 2023
    Sold for $460,000
  • 18 Jan 2023
    Listed for Sale Contact Agent
  • 09 Aug 2010
    Sold for $251,000
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About Mungay Creek 2440

The size of Mungay Creek is approximately 58 square kilometres. It has 3 parks covering nearly 43.5% of total area. The population of Mungay Creek in 2011 was 304 people. By 2016 the population was 135 showing a population decline of 55.6% in the area during that time. The predominant age group in Mungay Creek is 60-69 years. Households in Mungay Creek are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mungay Creek work in a trades occupation. In 2011, 80.4% of the homes in Mungay Creek were owner-occupied compared with 95.7% in 2016..

Mungay Creek has 79 properties. Over the last 5 years, Houses in Mungay Creek have seen a 91.64% increase in median value. As at 31 October 2024:

  • The median value for Houses in Mungay Creek is $688,748 while the median value for Units is $507,684.
There are currently 1 property listed for sale, and no properties listed for rent in Mungay creek on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Mungay creek.

Suburb Insights for Mungay Creek 2440

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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.