OFF MARKET

589 Duri-Dungowan Road
Timbumburi NSW 2340

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 40400m2
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Property Details for 589 Duri-Dungowan Rd, Timbumburi

589 Duri-Dungowan Rd, Timbumburi is a 1 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 40400m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Land Size
40400m2
Local Government
Tamworth Regional
Lot/Plan
1/DP245258

Last Listing description (May 2019)

Oakhill represents an extremely rare offering for horse enthusiasts seeking a developed property at an entry level price.
Located just 19 km south of the Tamworth CBD, 14 km from AELEC and 3.3 km from the New England Highway in the highly regarded Timbumburi district. The property sits on the easterly side of a low crest providing stunning views of the surrounding district.
Oakhill was developed as an equine foaling facility, and comprises 4.04 hectares of gently sloping country subdivided into 8 main paddocks. Internal fencing is all 1.5 metres high with concreted posts, three electric wires and steel rail box ends, in very good condition. Water is provided from a reticulated rainwater system to troughs and one dam. The driveway and some fencelines have been planted with irrigated ornamental trees which will only enhance the presentation of the property as they further develop.

Equine improvements include four 4m x 4m stables constructed at stallion height with covered breezeway; in addition to 2 x day shelters. There is ample area for addition of an arena, yards or horse walker.
The property offers studio style self contained accommodation (6m x 6m) featuring split system air conditioning, ceiling fan, kitchen, office area and separate bathroom. Adjoining is the carport and 12m x 7m colorbond garage / workshop with concrete floor. The structures were professionally built by licensed contractors. Electricity is all underground and provides 15 amp power to the shed.
Please note that the property currently DOES NOT have a dwelling entitlement, and as such a permanent residence cannot be constructed under current zoning regulations.
Rarely does an equine property become available on the favoured southern side of Tamworth, let alone in this price range. Ideally suited to agistment, spelling or just a new home for your horses, don t miss this opportunity. Inspection by appointment with agent.

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Property History for 589 Duri-Dungowan Rd, Timbumburi, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$360,000
13 Aug 2021
  • 13 Aug 2021
    Sold for $360,000
  • 21 Jan 2019
    Listed for Sale Not Disclosed
  • 14 Sep 2017
    Sold
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About Timbumburi 2340

The size of Timbumburi is approximately 42.7 square kilometres. The population of Timbumburi in 2011 was 388 people. By 2016 the population was 154 showing a population decline of 60.3% in the area during that time. The predominant age group in Timbumburi is 40-49 years. Households in Timbumburi are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Timbumburi work in a managers occupation. In 2011, 71.9% of the homes in Timbumburi were owner-occupied compared with 61.2% in 2016..

Timbumburi has 53 properties. Over the last 5 years, Houses in Timbumburi have seen a 77.82% increase in median value. As at 30 September 2024:

  • The median value for Houses in Timbumburi is $1,086,530.
There are currently no properties listed for sale, and no properties listed for rent in Timbumburi on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Timbumburi.

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