1050 North Bank Road, Raleigh NSW 2454

Rural acreage near Bellingen | Hobby farm ready with stables | Sold $1M 2023, now listed higher | Birdlife and privacy | No flood risk This property offers a rare combination of immediate rural lifestyle and strong recent price growth, having sold for $1,000,000 in mid-2023 and now listed at $1,300,000. The fully fenced paddock, horse stables, and large shed are not common in this price bracket near Raleigh, making it particularly suited to buyers seeking a small farm or equestrian setup without needing to invest in improvements. The double garage with internal access and four car spaces adds practical convenience, while the serene setting with abundant birdlife appeals to those prioritising peace and nature. The property’s location within the Bellingen Council area, with distances of 7.5 and 9.1 kilometres to nearby points, suggests reasonable access to amenities while retaining a secluded feel. The primary risk is the 30% price increase over one year, which may test market appetite and could slow resale if local demand softens. Buyers should verify that the current $1,300,000 asking aligns with recent comparable sales, as the estimated value of $1,269,000 suggests a slight premium. The absence of flood risk is a clear advantage for insurance and peace of mind. This property is best held as a long-term lifestyle home with potential for modest capital growth, rather than a short-term flip.