Secretly tucked away in a quiet cul-de-sac is this very unique and private 10.52 hectare property. Enjoying a stunning panorama this property offers an excellent opportunity for a rural escape with the convenience and infrastructure of the historic township of Richmond a mere 5 minute drive and in the midst of the highly productive Coal River Valley. This location provides the versatility to commute to work or to become fully self-sufficient on the property.
This holding has been in the one family for just over 30 years, properties in this area are tightly held. The new owner will surely benefit from the thoughtful planting of over 6,000 trees in the 1980's, stands of gums, clusters of She Oaks and shelter belts of Blackwood's, create a magical and enchanting ambience - the sun dances off the leaves.
The fertile soil will lend itself to a multitude of possibilities, drenched in all day sun, the land is terraced into two near level pads of pasture rolling to a picturesque babbling Coal River housing many happy croaking frogs and all the delights of habitant wildlife. This property comes with a 5 megalitre water right, the river flats also include many damlets and waterways which has a flood zone overlay. The zoning is Significant Agriculture and so one must have an agricultural pursuit in mind to enable one to live on the land, or it is the most picturesque plot for your beloved animals to graze.
The size of Richmond is approximately 89.9 square kilometres. It has 6 parks covering nearly 0.3% of total area. The population of Richmond in 2011 was 1,609 people. By 2016 the population was 1,461 showing a population decline of 9.2% in the area during that time. The predominant age group in Richmond is 50-59 years. Households in Richmond are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Richmond work in a professional occupation. In 2011, 80.8% of the homes in Richmond were owner-occupied compared with 80% in 2016.
Richmond has 860 properties. Over the last 5 years, Houses in Richmond have seen a 68.82% increase in median value, while Units have seen a 88.70% increase. As at 31 October 2024:
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