812A Shannonbrook RoadShannon Brook NSW 2470
Property Details for 812a Shannonbrook Rd, Shannon Brook
Last Listing description (August 2019)
If you are looking for 'more bang for your buck' than this property is for you. Estimation of income from commercial timber harvesting is approximately $25k - $35k - right now!! That is a good return on your investment.
As well, the property is also suited to other opportunities such as cattle grazing of 10-15 head, 4wd or motorcycles, or just a quite private and secure lifestyle block.
The property is only 10-15 minutes from Casino township with only about 3km of gravel road. The property is fully fenced and has four dams and one bore. Infrastructure on the property includes a large open bay machinery shed and a cleared building site.
The 280 acres consists of approximately 20 acres of cleared land with the remainder being made up of eucalyptus forests situated on gentle undulating hills and gullies.
With keen vendors, an inspection is a must.
Property History for 812a Shannonbrook Rd, Shannon Brook, NSW 2470
- 04 Jul 2019Sold for $245,000
- 19 Jan 2016Listed for Sale $282,000
- 17 Nov 2011Sold for $158,000
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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.
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