OFF MARKET

261 New Olivers Road
Running Stream NSW 2850

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 406300m2
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Property Details for 261 New Olivers Rd, Running Stream

Building Type
Rural
Land Size
406300m2
Local Government
Mid-Western Regional
Lot/Plan
4/DP243768

Last Listing description (April 2018)

This 97 acre (39.29 hectare) property is high country that is predominately pine regrowth from a previous commercial planting. Proper management of this reforestation would lead to a potential income in the distant future or simply provide significant privacy for a new home. The views from this property are outstanding but selective clearing of trees is necessary to achieve the full potential that this block offers. The property is reached by a dirt road and is 7km from the Castlereagh Highway at Running Stream. The property has building entitlement, but power and water are not available so alternative power and tank/rain water would be necessary. Many other residents of New Olivers road have tamed rugged blocks such as this to enjoy the stunning views, and have created superb weekend escapes, permanent homes and retirement residences. Running Stream is located on the Castlereagh Highway, approx. 60kms west of Lithgow, about 2 hr 45mins drive west of Sydney. Call Richard Trounson on 02 6359 0127 to inspect today.

Property History for 261 New Olivers Rd, Running Stream, NSW 2850

A timeline of how this property has performed in the market
Last Sold
$112,000
10 Apr 2019
  • 10 Apr 2019
    Sold for $112,000
  • 25 Apr 2018
    Listed for Sale $235,000
  • 28 Jan 2018
    Listed for Sale $235,000

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About Running Stream 2850

The size of Running Stream is approximately 189.3 square kilometres. It has 1 park. The population of Running Stream in 2011 was 306 people. By 2016 the population was 124 showing a population decline of 59.5% in the area during that time. The predominant age group in Running Stream is 40-49 years. Households in Running Stream are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Running Stream work in a managers occupation. In 2011, 73.9% of the homes in Running Stream were owner-occupied compared with 84.7% in 2016..

Running Stream has 137 properties. Over the last 5 years, Houses in Running Stream have seen a 74.90% increase in median value. As at 31 August 2024:

  • The median value for Houses in Running Stream is $538,166.
There are currently 2 properties listed for sale, and no properties listed for rent in Running stream on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Running stream.

Suburb Insights for Running Stream 2850

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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.