OFF MARKET

290 Riverlea Road
Riverlea NSW 2850

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 105500m2
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Property Details for 290 Riverlea Rd, Riverlea

290 Riverlea Rd, Riverlea is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 105500m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
House
Land Size
105500m2
Local Government
Mid-Western Regional
Lot/Plan
17/DP251257

Last Listing description (November 2018)

290 Riverlea Road, located in a secluded setting on the Cudgegong River just Sydney side of Mudgee, is a 10.55 hectare property with a four bedroom home and an olive grove. Features of this property include:
Beautiful rendered double brick four/five bedroom home with a huge, flowing open plan living/kitchen area
Approximately 150 metres absolute frontage to the Cudgegong River

26 acres of level to gently sloping land in a secluded valley setting, just 16 minutes from Mudgee and three and a half hours from the Sydney CBD
Olive grove with over 800 mature trees of predominately Northern Italian oil varieties
The north facing brick home was designed by Pamela Wilkinson and built by Geoff Rhodes in 1996 and has an iron roof and cedar doors and windows throughout. It features a large open plan living area/kitchen, with a stonework double sided fireplace in the middle that has a Jetmaster open fire on the living side and a slow combustion heater on the kitchen side. The generous master bedroom with walk-in wardrobe and ensuite is at the Eastern end of the house, with the other three double bedrooms, each with built-ins, main bathroom, extra WC and laundry/mudroom with shower at the Western end. There is also a den that could be used as a fifth bedroom, and a double garage with internal access. The living area and master bedroom have zoned underfloor heating, and there are ceiling fans throughout.
This is all set in an extensive easy-care garden, beautifully landscaped with established trees. There is in-ground irrigation throughout the garden, and rainwater is stored in a 25,000 gallon underground tank. Indeed water is a feature of this property with irrigation servicing most areas of the property.
The Property The land is 10.55 hectares, or approximately 26 acres and slopes very gently from Riverlea Road down to the river. With 150 metres frontage to the Cudgegong, there are idyllic picnic spots , a fire pit ,swimming holes, amazing bird watching opportunities, a trout fisherman s heaven and possible platypus sightings for the early riser. There are two dams, and water can be pumped from the river to the top dam and gravity fed from there for irrigation to the garden and trees.
There is an established olive grove of approximately 800 predominately Corregiolo and Frantoio trees and plenty of room for a pony or 2.
There is a rendered Hebel panel, fully lined shed of 100 square metres with three phase power, currently used as the olive press, that could easily be converted to additional accommodation.

Property History for 290 Riverlea Rd, Riverlea, NSW 2850

A timeline of how this property has performed in the market
Last Sold
$1,360,000
15 Nov 2018
  • 15 Nov 2018
    Sold for $1,360,000
  • 10 Oct 2018
    Listed for Sale Expressions of Interest
  • 16 Jul 1994
    Sold for $71,000

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About Riverlea 2850

The size of Riverlea is approximately 9.9 square kilometres. The population of Riverlea in 2011 was 425 people. By 2016 the population was 37 showing a population decline of 91.3% in the area during that time. The predominant age group in Riverlea is 50-59 years. Households in Riverlea are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Riverlea work in a managers occupation. In 2011, 80.9% of the homes in Riverlea were owner-occupied compared with 105.3% in 2016..

Riverlea has 37 properties. Over the last 5 years, Houses in Riverlea have seen a 99.30% increase in median value. As at 31 October 2024:

  • The median value for Houses in Riverlea is $874,194.
There are currently no properties listed for sale, and no properties listed for rent in Riverlea on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Riverlea.

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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.