OFF MARKET

29 Myon Mount Road
Tenterfield NSW 2372

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1768000m2
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Property Details for 29 Myon Mount Rd, Tenterfield

Building Type
Rural
Land Size
1768000m2
Local Government
Tenterfield
Lot/Plan
8/DP111990

Last Listing description (February 2021)

Be ready to capitalise on the very increasing trend of country living in a 4 season climate at "MayonMount" on the Eastern side of Tenterfield. An area that has been tightly held for generations, this property represents some of the best multi lots to be available in the area today.

Only for sale due to age and retirement, the open country rolls with the real character. The old fibro cottage has seen better years, however with several outstanding housesites the property, the opportunities to build a new home, weekender or just camp are only limited by the imagination.


Panoramic views are available from the majority of the property and this could be seen as a positive when the property is perhaps sold in smaller lots to enable a simple income stream for years to come.

Although in the safe 34" rainfall area, the property is also serviced by a solar bore and a mill on Pitkins Creek. The are also 7 dams

The property represents an excellent farm and land banking with the ability to develop the smaller lots and sell off as required for a long term income stream.

Location
7km Tenterfield GPO
3km Tenterfield Saleyards
205km Byron Bay
271km Brisbane
670km Sydney

Area
176.8 hectares or about 438 acres

Water
7 Dams
1 Bore equipped with a solar pump ( 700GPH)
Windmill on Pitkins Creek
2 header tanks and 15 troughs

Cottage
Older style 2 bedroom fibro cottage. Gas stove, wood heater and separate laundry. 2 Car colourbond garage and a carport, both with tanks.

Other
Hay shed, Cattleyards, fully fenced

Cattle
The property is currently used for prime breeding and fattening. The property has run 150 cows and calves.

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Property History for 29 Myon Mount Rd, Tenterfield, NSW 2372

A timeline of how this property has performed in the market
Last Sold
$1,800,000
19 Feb 2021
  • 19 Feb 2021
    Sold for $1,800,000
  • 07 Jan 2021
    Listed for Sale Auction

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About Tenterfield 2372

The size of Tenterfield is approximately 690.5 square kilometres. It has 30 parks covering nearly 3.3% of total area. The population of Tenterfield in 2011 was 3,965 people. By 2016 the population was 4,050 showing a population growth of 2.1% in the area during that time. The predominant age group in Tenterfield is 60-69 years. Households in Tenterfield are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tenterfield work in a managers occupation. In 2011, 70.7% of the homes in Tenterfield were owner-occupied compared with 70.7% in 2016.

Tenterfield has 3,063 properties. Over the last 5 years, Houses in Tenterfield have seen a 75.78% increase in median value, while Units have seen a 42.39% increase. As at 30 September 2024:

  • The median value for Houses in Tenterfield is $397,735 while the median value for Units is $292,811.
  • Houses have a median rent of $425 while Units have a median rent of $225.
There are currently 29 properties listed for sale, and 4 properties listed for rent in Tenterfield on OnTheHouse. According to CoreLogic's data, 150 properties were sold in the past 12 months in Tenterfield.

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