OFF MARKET

599 Reardons Lane
New Italy NSW 2472

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 323700m2
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Property Details for 599 Reardons Lane, New Italy

Building Type
Rural
Land Size
323700m2
Local Government
Richmond Valley
Lot/Plan
21/DP755609

Last Listing description (May 2020)

'Jerseyville' is a well known farm within the district and is located in the New Italy/Swan Bay area just 12km from the village of Woodburn and the new Pacific Motorway.

The farm is 100 acres of flood free land located on the eastern side of Moonimba Ridge.

The farm contains a stately four bedroom farmhouse which was built in the early 1900's. The home sits on one of the highest points of the property and is on the north eastern side of the property. Consistent with homes built in circa 1900 the house contains large verandahs, hardwood framing, wood paneling, fret work and large high ceilings.

The home has mains power connected and is serviced by rain water tanks including a large 22,000 litre poly tank. There are garden sheds, carports and a fenced yard adjacent to the homestead.

The property is most suited to the grazing of livestock, with the property having improved pastures consisting of Rhodes Grass, Paspaylum, sertaria and Kikuyu. There are two dams on the property with one dam supplying stock water via a header tank to gravity fed troughs.

The majority of boundary fencing is in good condition, with internal fencing in fair to good condition. There is good access from Reardon's Lane with the property containing a set of timber cattle yards , a large old dairy building suitable for machinery storage and it is divided up into four paddocks, with a couple of smaller holding paddocks.

The elevation of the property provides a flood free refuge during wetter seasons with the location making it one of the most sort after properties in the area. As stated the farm is only 12km from the new Pacific Motorway, 133km to the Gold Coast Airport and 231km to Brisbane CBD.

The magnificent beaches of Evans Head are only a comfortable twenty minute drive with the towns of Lismore and Casino approximately 25 minutes away.

The property will suit many buyers, including as a lifestyle property, a second flood free grazing property with a rental opportunity or it could be the start of your farming portfolio investments.

Call the exclusive marketing agents for an inspection .

Property History for 599 Reardons Lane, New Italy, NSW 2472

A timeline of how this property has performed in the market
Last Sold
$140,000
01 Jul 2014
  • 18 Mar 2020
    Listed for Sale UNDER CONTRACT
  • 01 Jul 2014
    Sold for $140,000

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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.