42 Wallace Lane, Canobolas, NSW 2800 | Rural for sale | OnTheHouse
 
FOR SALE
$3,500,000

42 Wallace Lane
Canobolas NSW 2800

Bedrooms: 3
Bathrooms: 2
Car spaces: 5
Land area: 24.04ac
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MAKE HOME WHERE THE WINE IS…

* Picturesque cool climate vineyard sitting at an elevation of approx. 1000m, one of Australia's premium cool-climate grape growing regions.
* Situated only 3.5 hours from Sydney and enjoying a massive tourism market to the area, while being supported by a local population of approx. 40,000 residents
* A beautifully appointed double brick cellar door with tasting/retail area, seating area and licences for 60 patrons, well equipped kitchen and disabled access toilet
* Separate function rooms currently spilt in 2 and capable of holding around 30 guests for a private function or micro wedding
* Approx. 10 hectares of fertile soil and secure water storage, irrigation licence 3mgl to pump out of the dam which is fed by the creek, water bore/pump and 3 x 22,550L water tanks
* Approx. 2.8 hectares of established vineyard with grape varieties consisting of Pinot Gris, Riesling, Pinot Noir, Chardonnay, Gruner Veltliner, Mencia & Gros Manseng
* Another 2 hectares suitable for expansion which works out to be approx. 50 additional rows
* Comfortable 3 bedroom homestead with rustic charm, oozing with potential, whilst very liveable its awaiting the next owners touch and taste to refresh the home
* Walk in / walk out sale – as is all the equipment required to maintain or expand the property including tractors, slashers, wine barrels, vineyard sprayer, ride on mower, tools, irrigation, fuel tank and much more
* Well over 100 established fruit trees, these trees include figs, olives, mulberry's, pears, apricots, cherry's, quinces, plums. Very popular with guests at the cellar door
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Property Details for 42 Wallace Lane, Canobolas

Building Type
Rural
Land Size
24.04ac
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About Canobolas 2800

The size of Canobolas is approximately 71.8 square kilometres. It has 4 parks covering nearly 82.4% of total area. The population of Canobolas in 2016 was 476 people. By 2021 the population was 481 showing a population growth of 1.0% in the area during that time. The predominant age group in Canobolas is 50-59 years. Households in Canobolas are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Canobolas work in a managers occupation.In 2021, 82.60% of the homes in Canobolas were owner-occupied compared with 86.60% in 2016.

Canobolas has 230 properties. Over the last 5 years, Houses in Canobolas have seen a 63.87% increase in median value. As at 31 October 2025:

  • The median value for Houses in Canobolas is $1,250,540 while the median value for Units is $699,033.
There are currently 5 properties listed for sale, and no properties listed for rent in Canobolas on OnTheHouse. According to Cotality's data, 2 properties were sold in the past 12 months in Canobolas.

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George Doueihi
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Elders Real Estate Bathurst
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