OFF MARKET

548 Cunningtons Lane
West Wyalong NSW 2671

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 7056000m2
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Property Details for 548 Cunningtons Lane, West Wyalong

Building Type
Rural
Land Size
7056000m2
Local Government
Bland
Lot/Plan
1/DP604012

Last Listing description (June 2021)

LAWD is pleased to present for sale Cleveland a highly arable mixed farming property with a proven history of winter crop and sheep production.

Scale
Spanning a total of 705.6* hectares, of which 653* hectares (93%) are arable.

Location
Conveniently located 27* kilometres north of West Wyalong, 24* kilometres south east of Ungarie and 34* kilometres west of Lake Cowl, with frontage to Cunningtons Lane, Sullivans Lane and Girral Road.

Topography, soils & climate
Gently undulating open arable land with only scattered trees within the crop area providing efficient farming operations. Mainly red loam soil types highly suitable for winter crop production. The Bureau of Meteorology has measured the long term annual average rainfall at West Wyalong at 480* millimetres with the average effective in crop rainfall (April October) of 278* millimetres.

Property Layout
Fenced into ten paddocks with convenient access to the central operations hub.

Production
The property has a proven production history for winter cereal and merino sheep underpinned by 70* hectares being sown to Old Man Saltbush sown in 1998 and 2000. Reticulated water is connected to the salt bush area allowing for rotational grazing. The salt bush has proven to be a valuable drought feed source providing enterprise resilience. The property has been run in conjunction with the vendors other holdings in the Young district. The number of sheep carried on Cleveland have varied from year to year depending on the annual area of crop and seasonal pasture growth across the vendors aggregation.

Water
All paddocks are securely watered by 13 dams of adequate size benefiting from large banked catchments. An electric pressure pump on one large dam supplies reticulated water to the salt bush and garden.

Improvements
Fit for purpose improvements include, machinery shed, hay shed, fully enclosed workshop with concrete floor and power connected, three stand shearing shed and sheep yards, older silo complex and numerous storage sheds.

Accommodation
C1920s homestead comprising three large bedrooms, two bathrooms, formal lounge and dining rooms, eat in kitchen and sitting room. The homestead has not been permanently lived in for some time but is utilised by the vendor when visiting the property. However, the home remains in good serviceable condition.

Early access for agricultural purposes
The vendor will allow access to the property from exchange of contracts to allow the purchaser to prepare for 2021 winter crop preparation.

Cleveland is offered for sale by Expression by of Interest closing Thursday 11 March 2021 at 11am (AEDT)

For further information on this exciting opportunity, please contact the below personnel:

Col Medway
Senior Director | LAWD
+61 428 481 243
colmedway@lawd.com.au

Ian Robertson
Director I LAWD
+61 429 939 949
ianroberston@lawd.com.au

Property History for 548 Cunningtons Lane, West Wyalong, NSW 2671

A timeline of how this property has performed in the market
Last Sold
$1,850,000
30 Mar 2021
  • 30 Mar 2021
    Sold for $1,850,000
  • 29 Jan 2021
    Listed for Sale For Sale by EOI
  • 23 May 1994
    Sold for $290,000
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About West Wyalong 2671

The size of West Wyalong is approximately 801.3 square kilometres. It has 17 parks covering nearly 3.3% of total area. The population of West Wyalong in 2011 was 3,041 people. By 2016 the population was 3,123 showing a population growth of 2.7% in the area during that time. The predominant age group in West Wyalong is 0-9 years. Households in West Wyalong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Wyalong work in a trades occupation. In 2011, 70.3% of the homes in West Wyalong were owner-occupied compared with 70.4% in 2016.

West Wyalong has 2,007 properties. Over the last 5 years, Houses in West Wyalong have seen a 77.05% increase in median value, while Units have seen a 56.13% increase. As at 30 September 2024:

  • The median value for Houses in West Wyalong is $281,009 while the median value for Units is $329,800.
  • Houses have a median rent of $470 while Units have a median rent of $145.
There are currently 29 properties listed for sale, and 3 properties listed for rent in West wyalong on OnTheHouse. According to CoreLogic's data, 81 properties were sold in the past 12 months in West wyalong.

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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.