SOLD
Sold on 10 May 2024 for $2,650,000

119 Mistletoe Lane
Pokolbin NSW 2320

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 467000m2
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Jurd's Real Estate Cessnock
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Property Details for 119 Mistletoe Lane, Pokolbin

Building Type
Rural
Land Size
467000m2
Local Government
Singleton
Lot/Plan
1/DP1196598

Last Listing description (June 2024)

Regarded as producing some of the Hunter's best Shiraz, this outstanding property of approximately 115 acres, is surrounded by premium Hunter Valley Estates with a dwelling entitlement offering spectacular views to the East.

Lot 1 Mistletoe Lane encompasses approximately 15.97 hectares / 39.46 acres of 'old vine' shiraz, with the current infrastructure having been significantly upgraded in recent years whilst also providing additional space for future vineyard planting.

The vendor would additionally offer to cover full operational costs of the vineyard for the next three vintages until 2025 harvest in addition to the purchase of the fruit for an additional nominal amount, providing a purchaser the option to purchase a Hunter Valley estate without this financial management for the time period.

There's ample water access with a PID water allocation and the option to acquire three separate Water Access Licences (WAL) High, General stock and domestic.

The zoning of RU4 Primary Production Small lots in the 'Singleton Local Environmental Plan 2013' supports future development opportunities including but not limited to cellar door premises, restaurants or cafes, tourist visitor accommodation, function centres etc.

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Property History for 119 Mistletoe Lane, Pokolbin, NSW 2320

A timeline of how this property has performed in the market
Last Sold
$2,650,000
10 May 2024
  • 10 May 2024
    Sold for $2,650,000
  • 20 Jan 2023
    Listed for Sale $3,500,000
  • 07 Aug 2020
    Sold for $3,188,000
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About Pokolbin 2320

The size of Pokolbin is approximately 132.8 square kilometres. It has 10 parks covering nearly 9.6% of total area. The population of Pokolbin in 2011 was 694 people. By 2016 the population was 955 showing a population growth of 37.6% in the area during that time. The predominant age group in Pokolbin is 60-69 years. Households in Pokolbin are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Pokolbin work in a managers occupation. In 2011, 69.3% of the homes in Pokolbin were owner-occupied compared with 77.5% in 2016.

Pokolbin has 1,586 properties. Over the last 5 years, Houses in Pokolbin have seen a 80.20% increase in median value, while Units have seen a 53.58% increase. As at 31 July 2024:

  • The median value for Houses in Pokolbin is $1,187,274 while the median value for Units is $398,559.
  • Houses have a median rent of $650.
There are currently 12 properties listed for sale, and no properties listed for rent in Pokolbin on OnTheHouse. According to CoreLogic's data, 71 properties were sold in the past 12 months in Pokolbin.

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