730 Reardons Lane, New Italy is a 4 bedroom, 2 bathroom House with 6 parking spaces and was built in 1998. The property has a land size of 161900m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Taking in sweeping views of the hills and surrounds this prime rural residence sits atop a ridge that utilises its North aspect perfectly. The main bedroom benefits from its own quaint little balcony, a large en-suite with spa, bay windows and walk in robe. The lounge, dining, kitchen and family room are all North facing and capture ample breezes and light throughout the day. The remaining bedrooms all have built-ins and there is also a cosy wood fireplace for the Winter. With the recent upgrade to new post and rail fencing at the front and new internal boundaries it could be an ideal Horse stud or possible Macca plantation (subject to soil testing) There is water trough connections to all paddocks and the garden boasts 10 lime & 15 finger lime trees planted 15 months ago. Features include:
- 40 acres of gently sloping land with creek in times of rain.
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 47.74% increase in median value. As at 31 December 2024:
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