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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

1872 Lake Cowal Road, West Wyalong NSW 2671

Price Reduction $450,000

Listed: 7 days ago
Overview

Situated approximately 50 kilometres north of West Wyalong, this substantial rural landholding known as 'Wamboyne Racecourse' offers an exceptional agricultural investment with extensive opportunities. Spanning 232.4 acres of freehold land together with an additional 117.18 acres under crown lease, the property presents a rare chance to secure prime cropping country on the banks of the Nerang Cowal.

The landscape is predominantly flat to gently undulating, with heavy red loam soils that support various agricultural uses. Historically, the property was timbered with native species such as Rosewood, Pine, River Red Gum, and Oak, providing natural biodiversity and potential shelter belts.

Water resources are well catered for by two earth dams along with direct access to the Nerang Cowal watercourse, an advantage for stock and crop irrigation. The fencing comprises steel hinge joint and netting, contributing to effective land management and stock containment.

Having operated primarily as a sheep grazing and winter cereal cropping enterprise, the land is also suitable for cattle farming. This versatility makes it an appealing option for agricultural producers seeking a manageable yet productive property. The property's proximity to former racecourse land now leased as crown land adds a unique historical context while the adjacent waterway supports a diversity of birdlife, which will be appreciated by nature enthusiasts.

  • Extensive reliable water sources including two dams and a river frontage.
  • Quality soils supporting mixed farming and cropping pursuits.
  • Secure fencing suitable for various livestock.
  • A largely cleared landscape with gentle topography, facilitating machinery use and efficient farming operations.
  • Located near the Lake Cowal gold mine, providing potential connectivity and access to regional infrastructure.

This property is particularly suited to agricultural investors, lifestyle farmers, or those entering the rural market with aspirations for a range of farming options. The combination of size, water access, soil quality, and fencing infrastructure means it can support diverse agricultural activities while providing a rewarding rural lifestyle close to West Wyalong.

Local Market Insights

In West Wyalong, Quiet Listings observed 7 new parcels of land entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $252,857. The property type mix of listed properties is predominantly Land at 58%, followed by houses (42%). The most active agency for land in the West Wyalong area is currently @Realty, representing 86% of new listings, followed by Ray White with 14%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
Market Insights for West Wyalong NSW 2671
New Listings (last 30 days)
7
Average price
$252,857
Lowest price
$220,000
Highest price
$450,000
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