214 Milvale RoadStockinbingal NSW 2725
Property Details for 214 Milvale Rd, Stockinbingal
Last Listing description (September 2024)
Located approx 25km north of Cootamundra, and 7km north of the charming village of Stockinbingal, lies 'Runnymede', a beautiful 284.8ha farm on the banks of the Bland Creek. Currently being run as a grazing enterprise, the property has been cropped in the past and is approx 90% arable. A feature of the property is the Bland Creek which runs through the property providing water and shade for livestock as well as a beautiful backdrop, reminiscent of a David Schlunke painting.
The property is subdivided into 7 main paddocks with much of the fencing been completed in the last 2 years.
Key investment hightlights include:
• Approx 10km of new fencing including both internal and boundary fence lines
• New set of clipex yards with permanent handling/force area. Capacity for 1,500 adult sheep with a 15ha forcing yard
• New hydrology researched bore drilled 100m with very good capacity & acceptable stock water quality (unequipped)
• Unoccupied house with power (in need of work)
• 15,000lt tank
• All weather gravel road through middle of property
• New flood gates along creek fence line crossings
• New gates throughout
• New pastures sown across property including phalaris, chicory, lucerne, clover and prarie grass
• All pastures spread with single super @ 125kg/ha autumn 2023
Agents Comments:
'Runnymede' combines production potential with beauty. There is a good reason why early squatters settled along the creeks and billabongs first. They knew the best soils were along the waterways and over the years nothing has changed. The property is currently easily running 1,250 ewes with followers, and this equates to around 12DSE.
To request an IM or to arrange an inspection, contact the selling agent Angus McLaren on 0428 496 289
Marketing Process:
'Runnymede' is being offered for sale through a two-stage Expression of Interest process. The first stage will run until 10:00 am on Wednesday 25th September and will seek non-binding offers from interested parties. Stage two will be a period of price discovery and negotiation between the vendor and interested parties with the aim of acceptance of a fully binding offer by the vendor. The vendor reserves the right to accept an early offer.
Property History for 214 Milvale Rd, Stockinbingal, NSW 2725
- 01 Aug 2024Listed for Sale FOR SALE BY EOI
- 17 Jul 2020Sold for $2,370,083
- 10 Nov 2015Sold for $1,266,768
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About Stockinbingal 2725
The size of Stockinbingal is approximately 262.4 square kilometres. The population of Stockinbingal in 2011 was 447 people. By 2016 the population was 363 showing a population decline of 18.8% in the area during that time. The predominant age group in Stockinbingal is 60-69 years. Households in Stockinbingal are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Stockinbingal work in a managers occupation. In 2011, 82.3% of the homes in Stockinbingal were owner-occupied compared with 91.7% in 2016.
Stockinbingal has 312 properties. Over the last 5 years, Houses in Stockinbingal have seen a 79.11% increase in median value. As at 31 October 2024:
- The median value for Houses in Stockinbingal is $461,397.
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