SOLD
Sold on 21 Dec 2023 for $7,325,000

746 Mellburra Road
Narrabri NSW 2390

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 15960000m2
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Property Details for 746 Mellburra Rd, Narrabri

Building Type
Rural
Land Size
15960000m2
Local Government
Narrabri
Lot/Plan
24/DP753920

Last Listing description (February 2023)

- Located 32km* north-east of Narrabri and 16km* east of Edgeroi NSW.
- Total area 1,596ha* (3,942ac*).
- Cultivation 840ha* (2,075ac*).

- 2023 cropping program: 340ha* wheat, 500ha* fallow to cotton.
- Improved pasture 220ha* (544ac*).
- Remainder timbered grazing and support land.
- Volcanic soils and topography ranging from very gently sloping through to foothills.
- Average annual rainfall 650mm*.
- Solar-equipped bore & 11* main dams.
- Gravel quarry with separate access road.
- Improvements including a 4BR country home, cottage, sheds, silos & modern steel cattleyards.

Glencairn is the quintessential mixed farm with income streams from dryland farming, grazing and a gravel quarry. Located in the Edgeroi farming district at the base of the spectacular Nandewar Ranges, the property has fertile soils and benefits from orographic rainfall.

For further details and to book an inspection contact the agents Scott Hamilton 0447 449 912 (Hamilton Mortimer Agency) or Michael Guest 0429 921 700 (Rural Property NSW).

*approximate

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Property History for 746 Mellburra Rd, Narrabri, NSW 2390

A timeline of how this property has performed in the market
Last Sold
$7,325,000
21 Dec 2023
  • 21 Dec 2023
    Sold for $7,325,000
  • 10 Nov 2022
    Listed for Sale $7,750,000

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About Narrabri 2390

The size of Narrabri is approximately 1,294.2 square kilometres. It has 22 parks covering nearly 10.7% of total area. The population of Narrabri in 2011 was 7,391 people. By 2016 the population was 7,614 showing a population growth of 3.0% in the area during that time. The predominant age group in Narrabri is 0-9 years. Households in Narrabri are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Narrabri work in a trades occupation. In 2011, 64.1% of the homes in Narrabri were owner-occupied compared with 63.5% in 2016.

Narrabri has 4,465 properties. Over the last 5 years, Houses in Narrabri have seen a 45.61% increase in median value, while Units have seen a 164.68% increase. As at 31 August 2024:

  • The median value for Houses in Narrabri is $358,555 while the median value for Units is $207,652.
  • Houses have a median rent of $470 while Units have a median rent of $300.
There are currently 59 properties listed for sale, and 5 properties listed for rent in Narrabri on OnTheHouse. According to CoreLogic's data, 164 properties were sold in the past 12 months in Narrabri.

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