SOLD
RECENT ADVICE
Sold on 06 Aug 2024 - Price Unavailable

71 Red Root Road
Pillar Valley NSW 2462

Bedrooms: -
Bathrooms: -
Car spaces: 6
Land area: 4187810m2
Save

Property Details for 71 Red Root Rd, Pillar Valley

Building Type
Rural
Land Size
4187810m2
Local Government
Clarence Valley
Lot/Plan
281/DP725925

Last Listing description (August 2024)

Somervale Station is one of the largest cleared land holdings on the eastern side of the Clarence River, adjoining State Forest and the Yuraygir National Park.

An icon in the local rural sector, historically owned by a pioneering cattle grazing family, running approx. 220 head comfortably, the property has now transitioned toward a multi-use farming enterprise where there is scope for much, much more.

Consisting of approx. 1034 acres in 15 separate titles, there is good road access to the property and there are major watering holes via springs, large billabongs and water reserves.

Two sets of cattle yards service the property and there is a new 4 bay colorbond shed and container set up for storage of equipment and machinery and personal amenity.

In recent years a Macadamia orchard has been planted in the front section of the property, which are close to maturity and soon to begin producing a crop, where the returns will begin after the hard work in the last 5 years.

Significantly, the land not only holds agricultural value and productivity potential, but is also, due to it's proximity to the National Park, a place where the Coastal Emu grazes and provides sanctuary while nesting and raising chicks.

Nature lovers and livestock growers both will appreciate the natural beauty of the property where stands of native timber have been left for wildlife and birds and many water holes and creeks service the land.

Fences are mainly in good order or new and much of the land is currently leased to a local cattle grower.

The old hut, still standing near-by, which provided a getaway for the workers, is a wonderful piece of history.

Running north to Shark Creek from the fringe of the Pillar Valley, this is one of the most impressive agricultural properties, yet to reach full potential, in the Clarence Valley.

Talk to Fiona Beamer for more information, 0419 497447

DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Property History for 71 Red Root Rd, Pillar Valley, NSW 2462

A timeline of how this property has performed in the market
Last Sold
06 Aug 2024
  • 06 Aug 2024
    Sold
  • 11 Jul 2024
    Listed for Sale Price Guide $2,150,000 to $2,300,000
  • 22 Sep 2023
    Listed for Sale Price Guide $2,150,000 to $2,300,000
Sign in to see more transactions

Commute Calculator

About Pillar Valley 2462

The size of Pillar Valley is approximately 196.3 square kilometres. It has 5 parks covering nearly 30.3% of total area. The population of Pillar Valley in 2011 was 349 people. By 2016 the population was 301 showing a population decline of 13.8% in the area during that time. The predominant age group in Pillar Valley is 60-69 years. Households in Pillar Valley are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Pillar Valley work in a community and personal service occupation. In 2011, 81.8% of the homes in Pillar Valley were owner-occupied compared with 89.6% in 2016.

Pillar Valley has 241 properties. Over the last 5 years, Houses in Pillar Valley have seen a 91.78% increase in median value. As at 31 October 2024:

  • The median value for Houses in Pillar Valley is $923,865 while the median value for Units is $431,859.
There are currently 2 properties listed for sale, and no properties listed for rent in Pillar valley on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Pillar valley.

Suburb Insights for Pillar Valley 2462

Market Insights
Pillar Valley Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Pillar Valley Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Fiona Beamer
Show contact details
Elders Real Estate Yamba
Preferred contact:
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.