SOLD
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Sold on 26 Sep 2024 for $2,950,000

4248 Pinkett Road
Red Range NSW 2370

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 194.2ha
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Property Details for 4248 Pinkett Rd, Red Range

Building Type
Rural
Land Size
194.2ha

Last Listing description (September 2024)

'Highland Farm' - 4248 Pinkett Road, Red Range NSW

Comprising 480 well managed grazing acres, located just 23 km east of Glen Innes with bitumen road frontage, 'Highland Farm' has much to offer the astute cattle producer.

This tightly held property has been in the current family's ownership for a period of time spanning approximately 115 years. The high level of beef production is driven by the fertile red basalt soils and well established perennial pastures + clovers which offer a bulk of feed and excellent ground cover. The high rainfall (over 900mm) and temperate climate, combined with the longstanding fertiliser history underpin the farm's reliability for livestock performance. The farm is subdivided into numerous small paddocks to facilitate what has been a long term commitment to time controlled rotational grazing.

The improvements on the property are both practical and functional, comprising a three bedroom well maintained cottage, cattle and sheep yards, 2 stand woolshed, a hayshed and machinery shedding.

Water security for livestock is a feature with a series of Spring fed dams offering clean water across the holding. Additional water security is provided from the main storage dam which is equipped with a diesel pump, delivering water to a large header tank for reticulation to stock troughs as well as the garden and amenities.

The sale of 'Highland Farm' presents a once in a lifetime opportunity for the well researched buyer to secure a reliable and proven first class grazing asset with the capacity to maximise kilograms of grass fed production.

Property History for 4248 Pinkett Rd, Red Range, NSW 2370

A timeline of how this property has performed in the market
Last Sold
$2,950,000
26 Sep 2024
Listed for Rent
$190/w
27 Feb 2019
  • 29 Nov 2024
    Listed for Rent $350 / week
  • 26 Sep 2024
    Sold for $2,950,000
  • 13 Aug 2024
    Listed for Sale Auction 26th September
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About Red Range 2370

The size of Red Range is approximately 239.9 square kilometres. It has 1 park. The population of Red Range in 2011 was 605 people. By 2016 the population was 180 showing a population decline of 70.2% in the area during that time. The predominant age group in Red Range is 60-69 years. Households in Red Range are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Red Range work in a managers occupation. In 2011, 75.8% of the homes in Red Range were owner-occupied compared with 71.5% in 2016..

Red Range has 196 properties. Over the last 5 years, Houses in Red Range have seen a 90.38% increase in median value. As at 30 November 2024:

  • The median value for Houses in Red Range is $399,040.
There are currently 3 properties listed for sale, and no properties listed for rent in Red range on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Red range.

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Contact agent
Andrew Starr
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Lachlan Cullen
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Ray White Rural Guyra/ Armidale
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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.