571 Old Gympie Rd, Paterson is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 163400m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in September 2018.
From the moment you open the front wooden gates and enter the property a feeling of relaxation and country charm is abundant. You will enjoy the serenity of this beautiful 40 acres of gently rolling picturesque country with two massive lakes. The property is fenced into 3 separate paddocks. Which would be ideal for horses.
Surrounding the home is established old shade trees and gardens. Including a generous mixture of fruit trees. This property is just crying out to be a self-sufficient retreat. With the fertile soil, an abundance of water, a chook pen/stable, pig pen and set of timber yards you already have a great start on infrastructure.
The unique 3 bedroom lowset Country/Mediterranean styled home is extremely well-built and solid. The home features exposed timber raked ceilings in the living areas. Wide opening glass doors lead outside and frame the stunning views of the open countryside. Open plan living areas and full length private rear patio. Perfect for that afternoon drink and watching the stunning sunset views. The potential for this property is plenty. But one thought comes to mind. It would suit cabins or farm stay. There is already a rustic self-contained cabin on the property complete with slate floor, combustion stove, and slab timber wall cladding. Ideal for renting or accommodation for visiting family and friends. Set far enough away from the main home for privacy.
The size of Paterson is approximately 28.8 square kilometres. It has 1 park covering nearly 19.2% of total area. The population of Paterson in 2011 was 371 people. By 2016 the population was 128 showing a population decline of 65.5% in the area during that time. The predominant age group in Paterson is 60-69 years. Households in Paterson are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Paterson work in a labourer occupation. In 2011, 85.8% of the homes in Paterson were owner-occupied compared with 90.2% in 2016..
Paterson has 81 properties. Over the last 5 years, Houses in Paterson have seen a 118.56% increase in median value. As at 31 October 2024:
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