167 Carbine Road, Forest Reefs, NSW 2798 | Property Value & History | OnTheHouse
OFF MARKET

167 Carbine Road
Forest Reefs NSW 2798

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Floor area: 140m2
Land area: 149100m2
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Property Details for 167 Carbine Rd, Forest Reefs

167 Carbine Rd, Forest Reefs is a 5 bedroom, 3 bathroom Unit with 4 parking spaces and was built in 1970. The property has a land size of 149100m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
Unit
Year Built
1970
Floor Size
140m2
Land Size
149100m2
Local Government
Blayney
Lot/Plan
54/DP750367

Last Listing description (April 2026)

Set on approximately 14.91 Hectares (35 acres) of highly productive basalt country, this beautifully improved lifestyle property delivers the perfect balance of rural living, income potential and everyday comfort, all within easy reach of Millthorpe and Orange.Thoughtfully updated throughout, the 1970s built main residence is a single-level brick veneer home offering three well-proportioned bedrooms, all with built-in wardrobes, alongside an updated kitchen, bathroom and laundry. Warm and inviting, the home features a slow combustion wood heater, R/C split system, generous storage and a practical layout designed for easy family living.Adding significant value and flexibility is the near-new, self-contained second dwelling known as 'Aurora Guesthouse'. Cottage in style and complete with a charming wrap-around verandah, this two-bedroom, two-bathroom residence is set privately from the main home and operates fully off-grid with solar. Having recently achieved $700 per week as a long term rental and previously a profitable BnB, it presents an outstanding opportunity for passive income, guest accommodation or multi-generational living.Outside, the property is exceptionally well set up for both lifestyle and productivity. There is a large enclosed house yard with established gardens, quality fencing, steel cattle yards, water troughs to paddocks, a substantial dam and a reliable stock and domestic bore. Additional improvements include a three-bay Colourbond garage with power and concrete floor, along with a large hay and storage shed.A tightly held holding in a sought-after rural pocket, this is a turnkey acreage offering genuine versatility - whether you're looking to enjoy a peaceful country lifestyle, generate additional income or both.Key Features- Approx. 35 acres (14.91 ha) of productive basalt soils- Renovated 3-bedroom brick veneer home (single level)- Near-new 2-bedroom, 2-bathroom cottage with wrap-around verandah- Cottage is off-grid with solar and previously returning $700 per week- Approved dual occupancy offering flexibility and income potential- Updated kitchen, bathroom and laundry in main residence- Slow combustion wood heating + excellent storage throughout- 3-bay Colourbond garage with power and concrete floor- Large hay/storage shed + additional outbuildings- Steel cattle yards, water troughs and quality fencing- Large dam + reliable stock and domestic bore- Established gardens and enclosed house yard- Short 12 minute drive to Millthorpe, 25 minutes to Orange and 20 minutes to BlayneyDisclaimer:We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigation.

Property History for 167 Carbine Rd, Forest Reefs, NSW 2798

A timeline of how this property has performed in the market
Last Sold
$780,000
22 Feb 2019
  • 01 Apr 2026
    Listed for Sale Price on request
  • 22 Feb 2019
    Sold for $780,000
  • 29 Nov 2018
    Listed for Sale $810,000
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About Forest Reefs 2798

The size of Forest Reefs is approximately 68.7 square kilometres. There is 1 park, covering nearly 11.1% of the total area. The population of Forest Reefs in 2016 was 517 people. By 2021 the population was 537 showing a population growth of 3.9% in the area during that time. The predominant age group in Forest Reefs is 10-19 years. Households in Forest Reefs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forest Reefs work in a managers occupation.In 2021, 81.90% of the homes in Forest Reefs were owner-occupied compared with 84.60% in 2016.

Forest Reefs has 253 properties. Over the last 5 years, Houses in Forest Reefs have seen a 39.68% increase in median value. As at 30 April 2026:

  • The median value for Houses in Forest Reefs is $1,387,375 while the median value for Units is $713,143.
There are currently 4 properties listed for sale, and no properties listed for rent in Forest reefs on OnTheHouse. According to Cotality's data, 13 properties were sold in the past 12 months in Forest reefs.

Suburb Insights for Forest Reefs 2798

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.