OFF MARKET

87 Wallaces Road
Nimmitabel NSW 2631

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Land area: 2662000m2
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Property Details for 87 Wallaces Rd, Nimmitabel

Building Type
Rural
Land Size
2662000m2
Local Government
Snowy Monaro Regional
Lot/Plan
2/DP556834

Last Listing description (August 2017)

Phone enquiry code for this property: 3067 Offered for sale is the impressive rural property Riverview , only minutes to Nimmitabel and 25 minutes to Cooma. Boasting a solid brick home on town water with an elevated outlook, 4 generous sized bedrooms, mostly renovated in recent times, large covered rear pergola and a verandah at the front with a tranquil outlook across the established garden and valley to the Maclaughlin River. A very comfortable property with modern touches. Further features to the homestead: 2 bathrooms Large kitchen, lounge, dining and family room Built in wardrobes in 3 bedrooms Wood and gas fires Well insulated Gas cooking Enclosed back verandah New wool carpets, slate and timber flooring Plantation shutters throughout Solar panels The land is approx 636 acres (257.63 ha) and has 10 fenced paddocks. An abundant water supply for stock in 7 dams, 2 troughs, 4 creeks and 2 water tanks with approx 3.5 km river frontage. The undulating grazing land is made up of approx 50% basalt and 50% granite. Further additions to the property include 3 stand shearing shed Cattle and sheep yards 3 bay machinery shed Stable and tack room Wood shed Storage shed 2000 litre fuel tanks - unleaded and diesel 'Riverview offers it all - farmland and quality living with close proximity to a village, Cooma, Canberra, the coast and the snowy mountains. A superb property, in good order, so an inspection will not disappoint. Phone enquiry code for this property: 3067

Property History for 87 Wallaces Rd, Nimmitabel, NSW 2631

A timeline of how this property has performed in the market
Last Sold
$920,000
15 Dec 2017
  • 15 Dec 2017
    Sold for $920,000
  • 04 Aug 2017
    Listed for Sale $995,000
  • 11 Mar 2017
    Listed for Sale $1,100,000
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About Nimmitabel 2631

The size of Nimmitabel is approximately 140 square kilometres. It has 1 park covering nearly 3.2% of total area. The population of Nimmitabel in 2011 was 224 people. By 2016 the population was 324 showing a population growth of 44.6% in the area during that time. The predominant age group in Nimmitabel is 60-69 years. Households in Nimmitabel are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Nimmitabel work in a managers occupation. In 2011, 83.2% of the homes in Nimmitabel were owner-occupied compared with 81% in 2016.

Nimmitabel has 318 properties. Over the last 5 years, Houses in Nimmitabel have seen a 114.35% increase in median value, while Units have seen a 173.47% increase. As at 31 October 2024:

  • The median value for Houses in Nimmitabel is $346,490 while the median value for Units is $466,366.
There are currently 3 properties listed for sale, and 1 property listed for rent in Nimmitabel on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Nimmitabel.

Suburb Insights for Nimmitabel 2631

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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.