OFF MARKET

39 School Lane
Southgate NSW 2460

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 284140m2
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Property Details for 39 School Lane, Southgate

Building Type
Rural
Land Size
284140m2
Local Government
Clarence Valley
Lot/Plan
2/DP784414

Last Listing description (June 2016)

'Never Let a Chance go By' An opportunity exits to purchase one of the very best farms in Southgate. With only three astute owners over the past 60 years.
71 Acres bounded by Alumy Creek & Bunyup creek, renowned bullock fattening country. Yes there is plenty of good land in Southgate but this one has 15 acres of flood free land with easy access for cattle to walk to in flood times.
Owned by the current owners for the last 15 years, the property is in excellent condition. Well fenced into seven paddocks with lanes to holding squares and cattle yards makes cattle handling a breeze. All fences are in A1 condition most of them being renewed or replaced over the past 15 years & every paddock has access to trough water.

The timber & steel cattle yards are large enough to handle 'big' cattle they are equipped with vet crush and steel loading ramp. Other improvements include a Circa 1800's timber home with three bedrooms in original condition with shiplap walls and a new iron roof. A large four bay machinery shed fully lockable and an original timber barn adding character to the property .
The current owners constantly run 30 large Charaolais Cows, weaning there calves and growing them out to feeder weights, regularly topping the sales with their cattle. The past two owners were bullock fatteners running 60 bullocks and up to 70 in good seasons. Due to health issues the decision has been made to sell this wonderful farm so they can move onto retirement.
TO BE AUCTIONED SATURDAY 12TH MARCH 2016 , 10AM ONSITE
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Property History for 39 School Lane, Southgate, NSW 2460

A timeline of how this property has performed in the market
Last Sold
$440,000
15 Apr 2016
  • 15 Apr 2016
    Sold for $440,000
  • 02 Feb 2016
    Listed for Sale Not Disclosed
  • 12 Mar 2004
    Sold for $327,000

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About Southgate 2460

The size of Southgate is approximately 35.1 square kilometres. It has 1 park covering nearly 15.3% of total area. The population of Southgate in 2011 was 175 people. By 2016 the population was 199 showing a population growth of 13.7% in the area during that time. The predominant age group in Southgate is 50-59 years. Households in Southgate are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Southgate work in a managers occupation. In 2011, 75.4% of the homes in Southgate were owner-occupied compared with 74.3% in 2016.

Southgate has 114 properties. Over the last 5 years, Houses in Southgate have seen a 72.00% increase in median value. As at 31 October 2024:

  • The median value for Houses in Southgate is $752,529 while the median value for Units is $508,793.
There are currently 2 properties listed for sale, and no properties listed for rent in Southgate on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Southgate.

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