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5506 Castlereagh Highway, Running Stream$1.60m
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5506 Castlereagh Highway

Running Stream, NSW 2850, Australia
$1.60m
374 ha

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About this property

Spanning an impressive 924 acres (374ha) across six titles, "Melrose" presents a rare opportunity to secure a substantial Central Tablelands holding combining productive grazing country, natural bushland and a fascinating glimpse into the region's pastoral history. Situated on the edge of the historic Running Stream and Round Swamp district, the property carries the hallmarks of one of the area's original grazing holdings. The original sandstone homestead, substantial timber woolshed and collection of traditional farm buildings stand as reminders of a bygone era, offering an exciting opportunity for restoration while preserving an important piece of the district's agricultural heritage. With 500 acres of cleared grazing country, Jack Halls Creek traversing the property, 16 dams and extensive frontage to both the Castlereagh Highway and McDonald's Hole Road, Melrose provides the scale and flexibility to suit a wide range of agricultural, lifestyle or land banking pursuits. Whether you're looking to expand an existing enterprise, establish a productive livestock operation or secure a significant rural holding with long-term potential, Melrose offers the rare combination of productive land, historic character and future opportunity. - 924 acres (374ha) across six separate titles - 500 acres of cleared country with fertile valley floor and rolling grazing land- - Balance of native bushland providing shelter, privacy and recreational appeal - Original sandstone homestead offering exciting restoration potential - Numerous Historic farm buildings in need of repair - Jack Halls Creek, 16 dams plus over 20,000L rainwater storage - Power connected, RU1 Primary Production zoning, Mid-Western Regional Council - Extensive frontage to both Castlereagh Highway and McDonald's Hole Road - 70km (50 minutes) to Mudgee and just 200km from Sydney - Adjoining 71 acre property with modern residence and shedding also available Rich in history, abundant in opportunity and offering exceptional scope for the future, Melrose is a property where the next chapter is waiting to be written.

Property Details

Property Type
house
Listing Type
For Sale
Land Area
374 ha
Listed
1 week ago

Repayment calculator

$7,757/month
$3,878 /fortnight
Loan $1,280,000 at 6.10% over 30 years

Upfront costs

Deposit$320,000
Stamp duty$68,224
Conveyancing (est.)$2,000
Total upfront$390,224
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.

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Neighbourhood

Living in Running Stream

This house in Running Stream, NSW 2850 sits within reach of local amenities. It is listed 45% above the $1.10m median of 5 comparable houseswithin 5 km.

Running Stream at a glance

Full suburb profile
Population
120
Median age
61
Household income
$959/wk
Median rent
$215/wk
Median mortgage
$1,300/mo

Source: ABS Census.

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