OFF MARKET

7780 Pacific Highway
Nerong NSW 2423

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 23358000m2
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Property Details for 7780 Pacific Hwy, Nerong

Building Type
Land
Land Size
23358000m2
Local Government
Mid-Coast
Lot/Plan
33/DP880637

Last Listing description (August 2015)

A coastal grazing property of some 8,000 acres first developed in early 1962 by the Colonial Sugar Refining Company (CSR)
Nerong Park is located on the Pacific Highway some 200 kilometres from Sydney's northern suburb Wahroonga the start of the F3 Freeway.
Currently an area of 5,710 acres having been subdivided off the original CSR holding of 8,000 acres.

The soil types, topography, rainfall and mild climate all lent themselves to encouraged CSR company to develop the property into a balanced cattle rearing and fattening commercial enterprise.
Over the period of 1962 to 1968 an extensive vegetation clearing operation was implemented taking particular care to avoid and prevent soil erosion and preserve small wooded areas for cattle shading (cattle camps).
Extensive gravel reserves on the property enabled the construction of all-weather internal road ways throughout the property
During the development process of the property into a high yielding cattle grazing enterprise detailed soil analysis took place enabling the correct supplement of trace elements and fertilizer's to be applied.
Careful paddock layout planning and fencing has produced 23 well balanced paddocks complete with 52 dams watering all paddocks.
All paddocks have significant treed cattle camps offering shade and protection from severe winds.
Correct coastal grazing pastures where selected to provide highest dry matter content with balanced nutrient and protein levels.
The selected pastures are well proven coastal region species that suit both the soil types and climatic region.
The property has the capability of carrying 1,000 head of cattle.
Rainfall records suggest an average rainfall of 52 inches per annum with a 70% rainfall reliability average.
Current fertiliser maintenance programme includes aerial spreading over 500 acre areas at a time.
The cattle management programme currently includes retention of all female calf's to increase the herd breeding numbers.
Property details.
Total holding area 5710 acres
Area under pasture 4000 acres
Dams 52
Paddocks 23
Cottages X 2
Cattle yards x 2
Carrying capacity 1000 head of cattle
Current cattle number 672
Rainfall approx. 52 inches per year
Pasture types include:
i? Kikuyu
i? Clovers
i? Setaria
i? Paspalum
Farm machinery includes:
i? 3 X tractors
i? 4 WD utilities vehicles
i? Chisel and disc ploughs
i? Rotary slashers
i? Road grader
i? General workshop equipment including welders etc.
i? Chain saws, fencing building equipment
i? Trailers
i? Horses and saddlery
Cattle numbers and types
i? 650 female Angus grown breeding cattle

Property History for 7780 Pacific Hwy, Nerong, NSW 2423

A timeline of how this property has performed in the market
Last Sold
$8,500,000
24 Jul 2015
  • 04 Aug 2015
    Listed for Sale Expressions of Interest
  • 24 Jul 2015
    Sold for $8,500,000
  • 30 Aug 2012
    Sold for $4,920,000

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About Nerong 2423

The size of Nerong is approximately 176.6 square kilometres. It has 2 parks covering nearly 55.6% of total area. The population of Nerong in 2011 was 350 people. By 2016 the population was 89 showing a population decline of 74.6% in the area during that time. The predominant age group in Nerong is 60-69 years. Households in Nerong are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Nerong work in a trades occupation. In 2011, 73.5% of the homes in Nerong were owner-occupied compared with 84.9% in 2016.

Nerong has 188 properties. Over the last 5 years, Houses in Nerong have seen a 77.83% increase in median value, while Units have seen a 21.96% increase. As at 30 September 2024:

  • The median value for Houses in Nerong is $604,753 while the median value for Units is $508,270.
There are currently 2 properties listed for sale, and no properties listed for rent in Nerong on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Nerong.

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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.