5506 Castlereagh HighwayRunning Stream NSW 2850
Property Details for 5506 Castlereagh Hwy, Running Stream
Last Listing description (August 2026)
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 History for 5506 Castlereagh Hwy, Running Stream, NSW 2850
- 01 Jul 2026Listed for Sale $1,600,000
- 17 Jan 1992Sold for $450,000
About Running Stream 2850
The size of Running Stream is approximately 189.3 square kilometres. There is 1 park within the area. The population of Running Stream in 2016 was 134 people. By 2021 the population was 120 showing a population decline of 10.4% in the area during that time. The predominant age group in Running Stream is 60-69 years. Households in Running Stream are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Running Stream work in a managers occupation.In 2021, 64.90% of the homes in Running Stream were owner-occupied compared with 84.70% in 2016.
Running Stream has 138 properties. Over the last 5 years, Houses in Running Stream have seen a 114.92% increase in median value. As at 31 July 2026:
- The median value for Houses in Running Stream is $725,825.
Suburb Insights for Running Stream 2850
Market Insights
Running Stream Trends for Houses
N/A
N/A
View TrendN/A
N/A
Running Stream Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
