Ever dreamed of owning a racetrack – or installing one in your backyard?

A property in Coonagarabran in regional New South Wales that includes a race track is for sale and can be yours for as little as $750,000.

The roughly a kilometer long B-shaped track has been described as being designed for motorbikes – although we imagine a go-kart, small hot hatch or early Mazda MX-5 could be just as fun.

Some experienced drifters might use it for practice as well, although the track seems a bit narrow.

As well as a racetrack, you also get a modern four-bedroom house that is fully off-grid thanks to solar and wind turbines, as well as a heated indoor pool, a double garage, a large machine shed and stockyards, and four dams.

The estate, called Effrene, sits on 410 hectares (1012 acres) of land rich in natural bush, about a third of which has been cleared.

It is 33 kilometers east of Coonabarabran, just over two hours’ drive from the regional towns of Dubbo and Tamworth, or 3.5 hours from Bathurst.

Although there aren’t that many private circuits in Australia, the lucky buyer is in good company.

Coca-Cola CEO Dean Willis is said to have lost his driver’s license in 1996 while driving his Ferrari Testarossa near Sydney, according to the Daily Telegraph.

Mr Willis instead had a private 22-turn track built on his property in Kulnura, north of Sydney – although lap times are not recorded and racing is not allowed.

Those who would like more information on the Coonabarabran property may view the advertisement at domain from click here.