OFF MARKET

178 Midgen Flat Road
Newrybar NSW 2479

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 364200m2
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Property Details for 178 Midgen Flat Rd, Newrybar

178 Midgen Flat Rd, Newrybar is a 3 bedroom, 1 bathroom House. The property has a land size of 364200m2. While the property is not currently for sale or for rent, it was last sold in March 2013.

Building Type
House
Land Size
364200m2
Local Government
Ballina
Lot/Plan
130/DP755725

Last Listing description (May 2013)

Once in a Lifetime Opportunity!
???Booligal??? farm is now for sale by Expressions of Interest closing 12th December 2012 at 4pm.
This property has been passed down through several family generations and is for the very first time being offered to the market. This opportunity may never present itself again. The land is over 3 separate titles and all lots have building entitlements. The rich soil varies on this property from red volcanic to moist black soils which will support grazing and cropping.

The property features elevated sites with level building platforms offering magnificent coastal and district views. There are expansive and open flat areas so the choices for the next owner are vast and potential abounds with this acreage due to its location and access. Beautiful Broken Head Beach is only 8 minutes drive, Byron Bay is 10 minutes and the Pacific Motorway being 5 minutes drive.
A planning report has been compiled for this property to outline the potential opportunities.
Currently the farm is being leased and run as a piggery and there are cattle which roam the rich grassy hills. There is a farm cottage generating a modest income and may provide the next owner a comfortable living or management quarters while they are planning their dream home or next farming venture.
There is an abundance of water over this property with three springs and a permanent creek.
If you have ever dreamt about a rural lifestyle with loads of potential and then this may be your opportunity.

Property History for 178 Midgen Flat Rd, Newrybar, NSW 2479

A timeline of how this property has performed in the market
Last Sold
$704,000
07 Mar 2013
  • 07 Mar 2013
    Sold for $704,000
  • 07 Nov 2012
    Listed for Sale Interest over $1,895,000

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About Newrybar 2479

The size of Newrybar is approximately 22.3 square kilometres. The population of Newrybar in 2011 was 459 people. By 2016 the population was 457 showing a population decline of 0.4% in the area during that time. The predominant age group in Newrybar is 60-69 years. Households in Newrybar are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newrybar work in a managers occupation. In 2011, 75.3% of the homes in Newrybar were owner-occupied compared with 77.8% in 2016.

Newrybar has 237 properties. Over the last 5 years, Houses in Newrybar have seen a 85.98% increase in median value, while Units have seen a 281.05% increase. As at 31 October 2024:

  • The median value for Houses in Newrybar is $2,520,842 while the median value for Units is $2,365,513.
  • Houses have a median rent of $1,550.
There are currently 2 properties listed for sale, and no properties listed for rent in Newrybar on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Newrybar.

Suburb Insights for Newrybar 2479

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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.