594 Goolma Road, Gulgong, NSW 2852 | Property Value & History | OnTheHouse
OFF MARKET

594 Goolma Road
Gulgong NSW 2852

Bedrooms: 7
Bathrooms: 3
Car spaces: 2
Land area: 4517000m2
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Property Details for 594 Goolma Rd, Gulgong

Building Type
Rural
Land Size
4517000m2
Local Government
Mid-Western Regional
Lot/Plan
3/DP718231

Last Listing description (July 2022)

Guntawang is one of Australia's most notable and historic rural properties located in the picturesque Mudgee Region of NSW. Guntawang sits on the banks of the pristine Cudgegong River and has always held a reputation for producing elite thoroughbreds and fine livestock. It has a long and rich history dating back to the very first land grant in 1821 and was the birth place of Henry Lawson's mother. Henry Lawson being one of Australia's most famous poets.

Guntawang's grand homestead sits on a hill, overlooking the surrounding paddocks and down towards the Cudgegong River. It has recently undergone refurbishments retaining its distinctive Italianate characteristics and features, including impressive marble fireplaces, high 15ft ceilings, wide verandahs with cast-iron pillars and floor to ceiling sash windows.

The homestead is naturally cool in summer and some rooms with reverse cycle air-conditioning. For the colder months there is underfloor heating and stunning fireplaces throughout. The large glass windows and air vents provide ample light and ventilation to the lower cellar level and the main living floor.

Another feature of Guntawang is its access to secure water. There is approximately 3km frontage to the regulated Cudgegong River with 221ML irrigation river water license, ground water irrigation bores (Aquifer), dams, creeks and an average yearly rainfall of 670mm. The main residence's water is supplied via a filtered rainwater system.

Features Include:
451.5* hectares (1,116* acres)
Inground renovated pool and pavilion
Colonial brick stables and coach house
Separate staff and guest accommodation
Machinery, workshop, hay sheds and garaging
Vet service complex and covered round yards
Horse walker and training facilities
2,000 metre grass and sand racetrack
Numerous yards with shelters and water troughs

Guntawang consists of prime alluvial soils, rich basalt and limestone hills with approximately 360 acres of river flat paddocks set up and suitable for irrigation. The property currently produces high quality Lucerne hay, which is stored on farm and has a mixture of improved and native pastures.

Guntawang was once a self-contained community with its own school, post office, church and inn which serviced workers and miners of the surrounding gold fields. A lot of the original buildings remain today and would make an outstanding tourism destination or remain a private estate as it is today.

Mudgee and Gulgong are experiencing high growth and exceptional demand for tourism stays and permanent relocations, drawn to the region for their beautiful landscapes, quieter pace and stunning food and wine.

The possibilities for Guntawang are endless and the opportunity to acquire an estate of such distinction does not come to the market often.

Guntawang is located only 5 kilometres to Gulgong, 25 kilometres to Mudgee and a 1-hour* drive to Dubbo. Both Mudgee and Dubbo have regular flights to Sydney.

Guntawang is now offered For Sale via Expression of Interest.

*Approx.

Property History for 594 Goolma Rd, Gulgong, NSW 2852

A timeline of how this property has performed in the market
Last Sold
$10,010,440
18 Jul 2022
  • 18 Jul 2022
    Sold for $10,010,440
  • 06 May 2022
    Listed for Sale Expression of Interest
  • 21 May 1992
    Sold for $2,292,000
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About Gulgong 2852

The size of Gulgong is approximately 101.0 square kilometres. There are 2 parks, covering nearly 0.5% of the total area. The population of Gulgong in 2016 was 2521 people. By 2021 the population was 2680 showing a population growth of 6.3% in the area during that time. The predominant age group in Gulgong is 0-9 years. Households in Gulgong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gulgong work in a trades occupation.In 2021, 72.10% of the homes in Gulgong were owner-occupied compared with 67.80% in 2016.

Gulgong has 1,692 properties. Over the last 5 years, Houses in Gulgong have seen a 48.77% increase in median value, while Units have seen a 60.08% increase. As at 30 June 2026:

  • The median value for Houses in Gulgong is $575,252 while the median value for Units is $511,422.
  • Houses have a median rent of $550 while Units have a median rent of $320.
There are currently 30 properties listed for sale, and 7 properties listed for rent in Gulgong on OnTheHouse. According to Cotality's data, 98 properties were sold in the past 12 months in Gulgong.

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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.