OFF MARKET

700 Shannonbrook Road
Shannon Brook NSW 2470

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 604000m2
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Property Details for 700 Shannonbrook Rd, Shannon Brook

Building Type
Rural
Land Size
604000m2
Local Government
Richmond Valley
Lot/Plan
4/DP774573

Last Listing description (October 2018)

The property is sure to entice those buyers wanting:
1. A place where you can walk right in and live
2. Potential and Opportunity

3. Possible capital growth.
Situated only 15 minutes from the CBD of Casino is this 150 acre mixed farming property. The property contains a three bedroom 'Logan' home, that is quaint and comfortable but has the bones to make something aboslutely stunning.
The main bedroom has a built-in robe with an adjacent study and there is one bathroom with a separate toilet and laundry areas. The kitchen, dining and lounge rooms are open planned, with the living area leading out to the front patio area.
The out buildings consist of a large machinery shed which is 143sqm with half the shed concreted. There are three more older style sheds which would be suitable for stables or machinery and equipment storage.
The property is divided into approximately five paddocks with the fencing in fair to good condition. There are five dams with water being pumped from one dam to header tanks near the house. There is a good mixture of low flats with higher cleared ridges as well as timbered ridges at the rear of the property.
There is a gazetted roadway at the side of the property which provides easy access to the side boundary for repairs or movement of machinery. With approval, the timber could be accessed for fencing materials and/or milling.
Projected rental return of $300/week.
This property definitely has potential !
Call for an Inspection.

Property History for 700 Shannonbrook Rd, Shannon Brook, NSW 2470

A timeline of how this property has performed in the market
Last Sold
$445,000
30 Aug 2021
Listed for Rent
$350/w
04 Jan 2017
  • 30 Aug 2021
    Sold for $445,000
  • 23 Aug 2018
    Sold for $445,000
  • 10 May 2018
    Listed for Sale $470,000
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About Shannon Brook 2470

The size of Shannon Brook is approximately 66.3 square kilometres. The population of Shannon Brook in 2011 was 245 people. By 2016 the population was 162 showing a population decline of 33.9% in the area during that time. The predominant age group in Shannon Brook is 60-69 years. Households in Shannon Brook are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Shannon Brook work in a labourer occupation. In 2011, 75% of the homes in Shannon Brook were owner-occupied compared with 78.2% in 2016..

Shannon Brook has 117 properties. Over the last 5 years, Houses in Shannon Brook have seen a 69.26% increase in median value, while Units have seen a 73.47% increase. As at 31 October 2024:

  • The median value for Houses in Shannon Brook is $738,950 while the median value for Units is $475,916.
There are currently 3 properties listed for sale, and no properties listed for rent in Shannon brook on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Shannon brook.

Suburb Insights for Shannon Brook 2470

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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.