SOLD
Sold on 05 Sep 2024 for $1,200,000

324 Bidgeribbin Road
The Lagoon NSW 2795

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 568200m2
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Property Details for 324 Bidgeribbin Rd, The Lagoon

Building Type
Rural
Land Size
568200m2
Local Government
Bathurst Regional
Lot/Plan
2/DP786780

Last Listing description (May 2023)

Prime irrigation and undulating grazing country

Are you looking for a rural property with real commercial potential? Something that can provide immediate returns as well as representing a land bank opportunity? Look no further than this incredible Central Tablelands opportunity. "Springfield" offers prime irrigation and undulating grazing country, with deep alluvial river flats ideal for vegetable, lucerne or other cereal production, plus gentle timbered grazing country. The property would also be an ideal livestock finishing block or feed factory for an existing farm operation.

The property includes two centre pivot irrigators, sub mains, additional irrigation lines and a diesel water pump on the Campbells River. In addition this property is being sold with a 192 mega litre water license making this opportunity an incredibly rare find! Other improvements include a large hay shed, machinery shed, basic farm storage shed and single stand wool shed. The block is fully fenced into two grazing paddocks and two irrigated cropping paddocks.

Currently the river flats are sown down with a contracted crop of corn due for harvest in mid to late March, along with a paddock of lucerne. The property has good access via a quiet country road just 15km* to Bathurst CBD making it easy to get to town and 188km* to Sydney produce markets. The block also offers stunning rural views of the surrounding district. Backbone power ensures your farm will have energy supply if required. This property is scheduled to be sold via auction on 5th May 2023 unless sold prior.

Don't miss out on this amazing opportunity, contact the Bowyer & Livermore team today on 02 6336 1585.

Auction details:
Venue: Rydges Mount Panorama
Date: 5th May 2023
Time: 10:30am

* Approximately

Disclaimer: The above information in full and extract form has been furnished to us by the vendor of the property. We have not verified whether or not that information is accurate and do not have any belief one way or another in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own enquiries in order to determine whether or not this information is, in fact, accurate. The property is being offered for sale as per the Contact for Sale and interested parties should rely on their own legal advice as to the accuracy of the Contract.

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Property History for 324 Bidgeribbin Rd, The Lagoon, NSW 2795

A timeline of how this property has performed in the market
Last Sold
$1,200,000
05 Sep 2024
  • 05 Sep 2024
    Sold for $1,200,000
  • 05 May 2023
    Sold for $1,336,000
  • 14 Mar 2023
    Listed for Sale Auction Fri 5th May 10:30am
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About The Lagoon 2795

The size of The Lagoon is approximately 87.1 square kilometres. The population of The Lagoon in 2011 was 249 people. By 2016 the population was 223 showing a population decline of 10.4% in the area during that time. The predominant age group in The Lagoon is 10-19 years. Households in The Lagoon are primarily couples with children and are likely to be repaying not stated per month on mortgage repayments. In general, people in The Lagoon work in a trades occupation. In 2011, 70.4% of the homes in The Lagoon were owner-occupied compared with 79.4% in 2016..

The Lagoon has 164 properties. Over the last 5 years, Houses in The Lagoon have seen a 48.11% increase in median value, while Units have seen a 174.05% increase. As at 30 November 2024:

  • The median value for Houses in The Lagoon is $873,753 while the median value for Units is $1,322,803.
There are currently 2 properties listed for sale, and 1 property listed for rent in The lagoon on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in The lagoon.

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