1277 Cheviot Hills Road, Kyeamba NSW 2650

1277 Cheviot Hills Road, Kyeamba NSW 2650
Undulating grazing country | 689 hectares scale | Burkes Creek frontage | renovation-ready homestead | tightly held district near Wagga Wagga This property offers a rare combination of scale and water security in a district where contiguous holdings seldom trade. The 689 hectares are configured into over 15 paddocks with nine surface dams and Burkes Creek frontage, giving a buyer immediate operational flexibility for livestock. The established clovers and natural grasses reduce the establishment phase, while the timbered areas provide shelter and potential for future carbon or conservation offsets. For a buyer seeking a core grazing block within 40 minutes of Wagga Wagga, the positioning is strong. The property suits a livestock operator wanting to scale up or a buyer prepared to invest in the homestead and shed refurbishment to unlock longer-term value. The primary risk is the condition of the improvements. The homestead and shearing shed require renovation and refurbishment respectively, which will demand capital and management attention in the first one to two years. This cost is not trivial, but it also means the price should reflect deferred maintenance rather than a premium for turnkey condition. The absence of recent sales history on this specific holding means a buyer must rely on broader district comparables and the quality of the water and soil. The commercial opportunity lies in improving the carrying capacity through better paddock rotation and water infrastructure, then holding for capital growth in a tightly held corridor. Use this property as a productive grazing base with a medium-term view to renovate and either retain or exit to a lifestyle buyer.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Kyeamba is a tightly held, family-oriented market where demand is driven by land-rich households and a young demographic cohort, with most residents working as managers. The suburbโ€™s rental market remains tight, supported by a solid income base and a low vacancy rate that points to sustained occupancy pressure. Price movement is expected to be flat to modest in the near term, reflecting broader regional conditions. Future growth is constrained by limited local employment diversity and the need for infrastructure investment, while owner-occupiers face meaningful mortgage commitments relative to the areaโ€™s income profile.
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PropCred Estimated Value

Bedrooms

4

Bathroom

1

Parking

-

Land

689.23 ha

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