SOLD
Sold on 12 Feb 2024 for $4,600,000

1007 Bark Hut Road
Walcha NSW 2354

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5517000m2
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Property Details for 1007 Bark Hut Rd, Walcha

Building Type
Rural
Land Size
5517000m2
Local Government
Walcha
Lot/Plan
48/DP756473

Last Listing description (April 2024)

One Family Ownership for Over a Century
- Very attractive undulating breeding / fattening country in a highly desirable location N/E Walcha.
- A high percentage of country level to undulating, selectively cleared leaving excellent stands of native timber, ideal shelter belts.

- Renowned for its elevation, rainfall and soils.
- Good quality trap country with basalt outcrops. Ideal soil types for pasture improvement programs.
- Pastures are mainly native species with remnant improved grasses from past plantings.
- Watered by approx. 30 spring fed dams & seasonal creeks.
- Rainfall is a feature with an average around 900 mm pa.
- Improvements comprise a three bedroom W/B home, large 6 bay steel framed machinery shed, dual purpose 3 stand wool shed / work shop, steel sheep yards, timber & steel cattle yards.
- There is potential for significant "off farm" income on "Ellandonan" through the yet to be approved Winterbourne Wind project.
This is an outstanding property from many perspectives and has all the hall marks of a quality grazing property. It is a unique piece of grazing country on the eastern fall renowned for elevation, rainfall and soils. There is huge potential for increased production through a pasture improvement program. There is also real potential for "off farm" income through the renewable energy sector. Hard to find something like this.

Property History for 1007 Bark Hut Rd, Walcha, NSW 2354

A timeline of how this property has performed in the market
Last Sold
$4,600,000
12 Feb 2024
  • 12 Feb 2024
    Sold for $4,600,000
  • 08 Jan 2024
    Listed for Sale Auction - 22nd February - Walcha Sports Club
  • 03 Dec 2023
    Sold

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About Walcha 2354

The size of Walcha is approximately 3,250.4 square kilometres. It has 14 parks covering nearly 21.4% of total area. The population of Walcha in 2011 was 2,495 people. By 2016 the population was 2,547 showing a population growth of 2.1% in the area during that time. The predominant age group in Walcha is 60-69 years. Households in Walcha are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Walcha work in a managers occupation. In 2011, 67.7% of the homes in Walcha were owner-occupied compared with 70.1% in 2016.

Walcha has 1,632 properties. Over the last 5 years, Houses in Walcha have seen a 77.20% increase in median value, while Units have seen a 75.85% increase. As at 31 October 2024:

  • The median value for Houses in Walcha is $384,301 while the median value for Units is $198,723.
  • Houses have a median rent of $223.
There are currently 13 properties listed for sale, and no properties listed for rent in Walcha on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Walcha.

Suburb Insights for Walcha 2354

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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.