SOLD
Sold on 25 Oct 2023 for $4,300,000

348 Reynella Road
Walbundrie NSW 2642

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 2064000m2
Sold By
Paull & Scollard Nutrien
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Property Details for 348 Reynella Rd, Walbundrie

Building Type
Rural
Land Size
2064000m2
Local Government
Hume
Lot/Plan
1/DP135510

Last Listing description (January 2024)

328.00 HECTARES - 810.71 ACRES (APPROXIMATELY)

It is with great pleasure that Paull & Scollard Nutrien Albury announce the offering of the well-known Walbundrie district property 'Reynella', for sale by Public Auction.

'Reynella' has been in the Lieschke/Habermann family ownership for more than 100 years and during that time, the property has been carefully nurtured and managed. Neville and Heather Habermann, the present owners, now wish to retire, opening the door for new owners to take 'Reynella' forward and enjoy the fruits of their labour.

The 'Reynella' homestead, circa 1916, has some amazing features including high ceilings, and a wide hallway. While the homestead does require some renovations, it is in a wonderful setting surrounded by magnificent trees, in particular the enormous Moreton Bay Fig trees.

'Reynella' is located approximately 7km north of Walbundrie, 41km from Jindera, 28km from Walla Walla and 55km from the major regional centre of Albury/Wodonga. Albury/Wodonga offers all the shopping, education and entertainment of a modern, medium sized city, straddling the beautiful Murray River on the NSW/Victoria border.

'Reynella' contains predominantly well-drained red soils, equally suited to cropping or livestock grazing: currently approximately 200 hectares leased for Canola production, the balance of land used for sheep and cattle grazing. The pastures have a mixture of lucerne, ryegrass and clovers, well fertilized for many years and producing an abundance of standing feed. The owners estimate that 90% of 'Reynella' is suitable for cropping, there being an area of approximately 15 hectares across Reynella Road containing rising country and some rock outcrops.

Fencing is of a high standard, with new fencing along some of the boundary, the rest in good order, while internal fencing is constructed of ringlock, steel posts with plain wires and barb wire.

There are 11 catchment dams, providing drought proof water for the toughest times.

Working improvements include a three-stand woolshed in good working order, steel machinery shed, steel sheep and cattle yards, 5 Kotzur silos as well as other smaller shedding.

'Reynella' is particularly attractive for neighbours wishing to extend their holdings as the property contains five (5) titles and can be split after purchase, with other neighbours if so desired. Whoever acquires 'Reynella' can rest assured they have purchased a property that has never been overgrazed or cropped, has been well managed for over 100 years and will serve them well into the future.

AUCTION: 2.00PM FRIDAY 29 SEPTEMBER 2023, WALBUNDRIE SPORTS GROUND CLUB ROOMS

Disclaimer: All care has been taken in compiling these particulars, but the vendor and their agents do not guarantee the details and cannot accept responsibility for errors or misdescriptions if any. Intending purchasers should satisfy themselves as to the correctness of details.

Property Code: 2401

Property History for 348 Reynella Rd, Walbundrie, NSW 2642

A timeline of how this property has performed in the market
Last Sold
$4,300,000
25 Oct 2023
  • 25 Oct 2023
    Sold for $4,300,000
  • 25 Aug 2023
    Listed for Sale AUCTION

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About Walbundrie 2642

The size of Walbundrie is approximately 231.1 square kilometres. It has 1 park. The population of Walbundrie in 2011 was 219 people. By 2016 the population was 131 showing a population decline of 40.2% in the area during that time. The predominant age group in Walbundrie is 50-59 years. Households in Walbundrie are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Walbundrie work in a managers occupation. In 2011, 72.5% of the homes in Walbundrie were owner-occupied compared with 72.6% in 2016..

Walbundrie has 184 properties. Over the last 5 years, Houses in Walbundrie have seen a 101.76% increase in median value. As at 31 August 2024:

  • The median value for Houses in Walbundrie is $555,632.
There are currently 3 properties listed for sale, and no properties listed for rent in Walbundrie on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Walbundrie.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.