OFF MARKET

649 Dungowan Dam Road
Ogunbil NSW 2340

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 745600m2
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Property Details for 649 Dungowan Dam Rd, Ogunbil

Building Type
Land
Land Size
745600m2
Local Government
Tamworth Regional
Lot/Plan
14/DP755351

Last Listing description (September 2018)

Attention; First home builders, Property developers, keen hunters, hobby and cattle farmers or anyone just looking to escape, then this is the property for you!
Only 4 hours from Sydney, 3 Hours from Newcastle and 35 mins from Tamworth on the western side of the Gloucester Tops and to the eastern border of the Nundle State Forest, this gem is nestled amongst the tranquillity of pure nature.
Set on 186 ac (74.6 Ha) of pristine land zoned R1 Primary Production, with a 150mm thick 20m X 5.5m concrete slab with solid foundations, with plumbing attached ready to build on. The property also consists of phone and power at the boundary and a Geotechnical Report can be provided for the concrete slab on request.

A farm building up to 200m2 is allowed without a Development Application and a dwelling is permissible with submission of a Development Application. Power runs adjacent to the existing road, with a transformer required if you desire mains power.
There is a large amount of wildlife and an abundance of timber for your fencing and landscaping needs. Also on the property is a 40ft Pantech truck trailer for that large amount of storage while you build if that is what you choose.
Approximately 400m of fresh water creek frontage that flows constantly, with plenty of swimming holes, shady areas and fishing spots to enjoy. There is approximately 400m of road frontage adjacent to the creek that is partly fenced with steel fencing.
There is approximately 5 ac of flat land adjacent to the creek line and road, with the remainder of the property being walkable / horseback rideable mountains that back onto the pristine wilderness of the Nundle State Forest.
Properties in this area sell from $400 000 and upwards, providing a very good opportunity to increase your investment portfolio or build your dream home.

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Property History for 649 Dungowan Dam Rd, Ogunbil, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$140,000
27 Jun 2018
  • 27 Jun 2018
    Sold for $140,000
  • 12 Apr 2017
    Listed for Sale Priced from $260,000 +
  • 03 Oct 2013
    Sold for $67,000
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About Ogunbil 2340

The size of Ogunbil is approximately 179.8 square kilometres. It has 2 parks covering nearly 1.9% of total area. The population of Ogunbil in 2011 was 523 people. By 2016 the population was 156 showing a population decline of 70.2% in the area during that time. The predominant age group in Ogunbil is 50-59 years. Households in Ogunbil are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ogunbil work in a trades occupation. In 2011, 79.2% of the homes in Ogunbil were owner-occupied compared with 79% in 2016..

Ogunbil has 90 properties. Over the last 5 years, Houses in Ogunbil have seen a 38.26% increase in median value. As at 30 November 2024:

  • The median value for Houses in Ogunbil is $692,837 while the median value for Units is $378,313.
There are currently 1 property listed for sale, and no properties listed for rent in Ogunbil on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Ogunbil.

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