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229 Gowang Road

Coonabarabran, NSW 2357, Australia
EOI
4 bed 2 bath 3 car

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About this property

Ian McArthur of Johnston Donoghue is proud to present for sale the aggregation known as "Old Gowang" and "Avon Hills". A highly productive mixed farming enterprise in the renowned Coonabarabran district. Comprising a total land area of 1,288.92 hectares (3,184.93 acres) the property offers an attractive balance of cultivation and grazing, with approximately 33% arable land suited to cropping and pasture improvement. The property benefits from an average annual rainfall of 750 mm, excellent water security, and a comprehensive suite of improvements. These include a principal homestead, a renovated cottage serving as the primary residence, a secondary homestead, extensive shedding (both new and original), and well-designed sheep and cattle handling facilities. "Old Gowang" is located 33Km west of Coonabarabran, 140Km northeast of Dubbo and 210Km west of Tamworth, once the originally part of the historic D.I Watt holdings, which extended through to Binnaway. Notably, it was the final parcel sold from the Watt Estate, marking an important chapter in the district's pastoral history. Adding further significance, the property is the resting place of the legendary racehorse Tulloch, owned by E.A. Haley in the 1960's, adding a unique element of Australia's sporting heritage. From various vantage points, the property enjoys sweeping panoramic views of the Warrumbungle Ranges. Held by the Lambert family since 1978, this is a proven and versatile enterprise with strong underlying productivity and scope for further development. "Old Gowang" and "Avon Hills" represent a rare opportunity to acquire a well-balanced, productive mixed farming enterprise in a tightly held, highly regarded region. With strong water security, quality infrastructure, and scope for further productivity gains, the property is ideally suited to both existing operators and investors seeking scale, reliability, and long-term potential. For sale by Expression of Interest - Closing Friday 12th June 5pm Contact Ian McArthur (0429 431519) for information and inspections

Property Features

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    Repayment calculator

    $2,182/month
    $1,091 /fortnight
    Loan $360,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$90,000
    Stamp duty$12,662
    Conveyancing (est.)$2,000
    Total upfront$104,662
    Verify with NSW revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    4
    Bathrooms
    2
    Parking
    3
    Listed
    Today

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