SOLD
Sold on 12 Dec 2023 for $36,000,000

1969 Jingellic Road
Wantagong NSW 2644

Bedrooms: 6
Bathrooms: -
Car spaces: -
Land area: 16437000m2
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Property Details for 1969 Jingellic Rd, Wantagong

Building Type
Rural
Land Size
16437000m2
Local Government
Hume
Lot/Plan
1/DP243300

Last Listing description (September 2023)

Elders Rural Services Australia Limited is delighted to present for sale 'Wantagong', one of Southern Australia's most historic and notable rural holdings, widely renowned for its operational versatility, investment scale and productive capacity.

Ideally located 20km* east of Holbrook, the property occupies a land area of 1,643 hectares (4,062 acres)* supported by extensive accommodation and working infrastructure, a high-quality natural resource base, excellent balance of topography, ongoing pasture improvement and input history and abundant natural water supply.

'Wantagong' is to be offered for the first time in over half a century and presents a truly unique opportunity to acquire an asset of distinction in the tightly held Wantagong Valley.

Key features:
Total land area: 1,643 hectares (4,062 acres)*
Beautifully presented c.1951 six-bedroom homestead set within a stunning English garden setting
Extensive staff accommodation including a comfortable four-bedroom manager's residence, in addition to a neatly presented four-bedroom staff residence
Quality support infrastructure including extensive machinery, workshop, hay and sundry shedding, two sets of steel cattle yards, four-stand shearing shed with adjoining sheep yards, secondary set of paddock sheep yards, 90 tonnes* of grain storage and a fully integrated 10KW solar system
Estimated carrying capacity c.25,000 DSE
Ongoing pasture improvement programs including an established selection of phalaris, clover, annual ryegrass and native pastures, supported by an extensive fertiliser and input history
Quality standard of fencing incorporating two strategically designed laneway systems for ease of stock movement
Outstanding balance of highly productive and versatile soil profiles ranging from rich alluvial loams on the creek flats to a combination of soft red and brown loams
Abundant natural water supply via Wantagong and Stony Creeks, numerous natural catchment dams, fully reticulated trough system and an equipped solar bore
Ideally suited to a range of agricultural endeavours including cattle, wool, prime lamb, fodder and/or cropping pursuits
Excellent ESG, carbon and biodiversity initiatives including an established BCT agreement
Reliable 750mm* (30 inch*) average annual rainfall
Ideally located 20km* E Holbrook, 77km* NE Albury/Wodonga and 102km* SE Wagga Wagga

A comprehensive Information Memorandum is available upon request

'Wantagong' is being offered for sale on a 'bare' or 'walk in walk out' basis by Expression of Interest closing Thursday 26th October 2023 at 4pm (AEDT)

Nick Myer 0427 610 278
Henry Mackinnon 0408 408 299
Angus Macleod 0414 670 286

Property History for 1969 Jingellic Rd, Wantagong, NSW 2644

A timeline of how this property has performed in the market
Last Sold
$36,000,000
12 Dec 2023
  • 12 Dec 2023
    Sold for $36,000,000
  • 15 Sep 2023
    Listed for Sale by Expression of Interest
  • 11 Dec 2015
    Sold for $57,182
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About Wantagong 2644

The size of Wantagong is approximately 335.2 square kilometres. It has 1 park covering nearly 32.7% of total area. The population of Wantagong in 2011 was 374 people. By 2016 the population was 39 showing a population decline of 89.6% in the area during that time. The predominant age group in Wantagong is 50-59 years. Households in Wantagong are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Wantagong work in a managers occupation. In 2011, 75% of the homes in Wantagong were owner-occupied compared with 55% in 2016..

Wantagong has 52 properties. Over the last 5 years, Houses in Wantagong have seen a 111.89% increase in median value. As at 31 August 2024:

  • The median value for Houses in Wantagong is $646,371.
There are currently no properties listed for sale, and no properties listed for rent in Wantagong on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Wantagong.

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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.