SOLD
Sold on 08 May 2024 for $485,000

Forest Reefs Road
Spring Terrace NSW 2798

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 130500m2
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Property Details for Lot 261 Forest Reefs Rd, Spring Terrace

Building Type
Rural
Land Size
130500m2
Local Government
Cabonne
Lot/Plan
261/DP750387

Last Listing description (June 2024)

Escape to the landscapes of "Part Sunny view", a hidden gem nestled on the southern boundary of "Sunny view." This 33* acre block is bordered by the convenience of sealed roads, including Forrest Rd, Waldergrave Rd, and Reynolds Lane, providing easy access.

Conveniently located 16* minutes from Orange, 45* minutes from Bathurst and only 8* minutes from the Orange regional airport.

Meticulously managed over the years, the property boasts robust perennial pastures, a testament to its commitment to sustainable land practices

While the current Cabonne Local Environmental Plan (LEP) may not grant a dwelling entitlement, the future is yours to shape. With DA approval of intensive agricultural pursuits, the landscape may transform, unlocking new possibilities and qualifying for future entitlements.

- Formerly subdivided into three paddocks, the grounds now merge into one, creating a blank canvas for your agricultural endeavors.
- Boundary fencing is sound for Cattle and sheep.
- This place has a small dam fit for stock.
- A large Bore producing 7,200ltrs per hour.

Whether you want a quiet getaway or a place for farming, this property is perfect for whatever you dream of.

Rest easy knowing that Part Sunny view has been recently surveyed, ensuring clear and accurate boundaries.

Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it.

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Property History for Lot 261 Forest Reefs Rd, Spring Terrace, NSW 2798

A timeline of how this property has performed in the market
Last Sold
$485,000
08 May 2024
  • 08 May 2024
    Sold for $485,000
  • 18 Jan 2024
    Listed for Sale $550,000

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About Spring Terrace 2798

The size of Spring Terrace is approximately 24.1 square kilometres. The population of Spring Terrace in 2011 was 281 people. By 2016 the population was 126 showing a population decline of 55.2% in the area during that time. The predominant age group in Spring Terrace is 60-69 years. Households in Spring Terrace are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Spring Terrace work in a managers occupation. In 2011, 88.7% of the homes in Spring Terrace were owner-occupied compared with 90.9% in 2016..

Spring Terrace has 68 properties. Over the last 5 years, Houses in Spring Terrace have seen a 39.07% increase in median value. As at 30 November 2024:

  • The median value for Houses in Spring Terrace is $1,062,137.
There are currently no properties listed for sale, and no properties listed for rent in Spring terrace on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Spring terrace.

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