18258 Kamilaroi Highway, Narrabri NSW 2390
18258 Kamilaroi Highway, Narrabri NSW 2390
Residential grazing holding | 120 acres flood-free | Nandewar range views | 13km south of Narrabri
This property offers a rare combination of flood-free grazing land and a substantial four-bedroom home within commuting distance of Narrabri. The 48-hectare block is its primary competitive advantageโmost rural holdings this close to town carry flood risk, whereas Split River does not. The house itself is well-configured for a family or dual-purpose use, with the main bedroom including an ensuite and walk-in wardrobe, plus four garage spaces that support rural equipment storage. The property suits a buyer seeking a lifestyle holding with genuine agricultural utility, or a small-scale grazing operation that does not rely on irrigation.
The main risk is the 2017 purchase date with no subsequent sales activity, which may indicate limited turnover in this price bracket or a property that has not been aggressively marketed until now. The location on a highway frontage can affect privacy and resale appeal for some buyers, though it also provides direct access without laneway constraints. The opportunity lies in using the 120 acres for agistment or small livestock to offset holding costs while the house serves as the primary residence. Hold this property as a long-term lifestyle base with a modest income stream from grazingโit is not a short-term flip but a stable rural holding.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Narrabri is a regional centre with a stable housing market, driven by demand for residential and larger lots, evidenced by recent high-value sales. Current conditions show a slight price recalibration for houses, with a solid rental yield underpinning investment appeal. The market’s future is supported by significant infrastructure projects like Inland Rail, though growth is tempered by limited unit supply and typical regional market cyclicality.