OFF MARKET

Happy Valley Road
Nundle NSW 2340

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1736m2
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Property Details for Lot 71 Happy Valley Rd, Nundle

Building Type
Land
Land Size
1736m2
Local Government
Tamworth Regional

Last Listing description (April 2019)

A 1736 m2 block at the intersection of Barry road and Forest Way is offered for sale. Being a former site of Our House Inn , first licensed to sell liquor in 1860 in the gold rush days, it presents an interesting opportunity. Former water race used for washing gold cuts through the block and below is a quote from Wikipedia: During 1853, American gold miners dug, an approximately 23 km, water race from Callaghans Swamp to underneath the Hanging Rock cliff face. Also that year Californians dug another water race from the swamp at the head of Dangars Gully to Nuggety Gully. In 1882, it took about twelve months to cut a 13 km water race from the Barnard River on the eastern side of the rough mountainous Great Dividing Range to the western side of the Range. Just south of Hanging Rock village are the Sheba Dams (with a surface area of 3.6 ha) which were erected by hand over a three-week period in 1888 to serve the sluicing needs of the miners. This construction was carried out by the Mt Sheba Company which leased the water rights for the area. Other water races were also constructed to feed various other mines around Bowling Alley Point and Hanging Rock. Link to an article about history of Hanging Rock among other places. Section 5.4.3 mentions former hotel on site. https://www.tamworth.nsw.gov.au/ArticleDocuments/221/2.07.5_Thematic_History_of_Nundle_Manilla_and_Barraba_Attachment-small.pdf.aspx Topography: undulating, cleared block. Soil: chocolate basalt Rainfall: approximately 1100mm/annual Climate: cool temperate with occasional winter snow. Zoning: RU1

Property History for Lot 71 Happy Valley Rd, Nundle, NSW 2340

A timeline of how this property has performed in the market
  • 04 Apr 2019
    Listed for Sale $50,000

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About Nundle 2340

The size of Nundle is approximately 177 square kilometres. It has 3 parks covering nearly 0.8% of total area. The population of Nundle in 2011 was 598 people. By 2016 the population was 483 showing a population decline of 19.2% in the area during that time. The predominant age group in Nundle is 60-69 years. Households in Nundle are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nundle work in a managers occupation. In 2011, 72% of the homes in Nundle were owner-occupied compared with 79.6% in 2016.

Nundle has 396 properties. Over the last 5 years, Houses in Nundle have seen a 81.48% increase in median value. As at 30 November 2024:

  • The median value for Houses in Nundle is $403,201 while the median value for Units is $295,099.
There are currently 4 properties listed for sale, and no properties listed for rent in Nundle on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Nundle.

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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.