OFF MARKET

590 Moonem New Italy Road
New Italy NSW 2472

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 122m2
Land area: 121400m2
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Property Details for 590 Moonem New Italy Rd, New Italy

Building Type
Rural
Year Built
1970
Floor Size
122m2
Land Size
121400m2
Local Government
Richmond Valley
Lot/Plan
2/DP632949

Last Listing description (January 2024)

This little farm on the Northern Rivers of NSW offers a great opportunity for the investor looking to improve on and work with this blank canvas.

Set on a flood free 29 acres within 17 km of evans head (as the crow flys) this unique opportunity presents itself, improvements consist of a 2 bedroom fully off grid home, needing a lot of work on the interior linings and fixture and fittings. There are various sheds and a good size dam. If you're looking to get into the market for a small scale farm this could be your golden opportunity.

Phone Luke Bodley today on 0423 838 560

Property History for 590 Moonem New Italy Rd, New Italy, NSW 2472

A timeline of how this property has performed in the market
Last Sold
$530,500
26 Jul 2023
  • 26 Jul 2023
    Sold for $530,500
  • 22 Jun 2023
    Listed for Sale $570,000
  • 14 Aug 2013
    Listed for Sale PRICE REDUCTION $350,000
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About New Italy 2472

The size of New Italy is approximately 61.7 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of New Italy in 2011 was 296 people. By 2016 the population was 181 showing a population decline of 38.9% in the area during that time. The predominant age group in New Italy is 60-69 years. Households in New Italy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in New Italy work in a trades occupation. In 2011, 85.7% of the homes in New Italy were owner-occupied compared with 86.9% in 2016..

New Italy has 158 properties. Over the last 5 years, Houses in New Italy have seen a 43.69% increase in median value. As at 31 October 2024:

  • The median value for Houses in New Italy is $1,100,245.
There are currently 2 properties listed for sale, and no properties listed for rent in New italy on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in New italy.

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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.