FOR SALE
EOI closing 16th December 2024 at 4:30pm

1 Henry Lawson Way
Forbes NSW 2871

Bedrooms: -
Bathrooms: -
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Land area: 1715ha
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Large Scale production - A Lachlan Valley Gem

" Garrawilla " Aggregation Lachlan Valley District
Garrawilla Aggregation located in the Lachlan Valley region of NSW only 15 km East of Forbes. This offering of Garrawilla Aggregation presents an outstanding opportunity to acquire a productive large scale irrigation enterprise. This 1714.87 ha aggregation comprises of 6 properties Garrawilla, Wirrabilla, Woolvadel, Glenbrook, Lowen and Wiirabilla Homestead. There is a mix of flood irrigation and spray irrigation with laterals on Wirrabilla (190ha) and Lowen (170ha). There is 4638 megs available with 6 bores, which are not all equipped. The bores on Wirrabilla, Wirrabilla Homestead and Lowen are equipped and were last used for irrigation purposes in 2023. The aggregation has a mixture of grey/black clay loams and some red country. This highly productive enterprise will be offered as a whole and in some separate parcels as listed.
Executive Summary
Aggregation size 1715 ha Extensive Irrigation Enterprise
* 4638 meg zone 3 Bore water- Water Security
* 2350 megs of storage
* 360 ha Lateral move irrigation (Valley) Last used 2023
* 618.43 ha Flood irrigation
* Further Irrigation Development potential
* Silo complex with 3350 tons of storage. Extensive Shedding including a 1232 sqm concrete floor shed with fertilizer bunkers
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Property Details for 1 Henry Lawson Way, Forbes

Building Type
Rural
Land Size
1715ha

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About Forbes 2871

The size of Forbes is approximately 980.3 square kilometres. It has 21 parks covering nearly 0.2% of total area. The population of Forbes in 2011 was 7,559 people. By 2016 the population was 8,435 showing a population growth of 11.6% in the area during that time. The predominant age group in Forbes is 0-9 years. Households in Forbes are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Forbes work in a professional occupation. In 2011, 66.7% of the homes in Forbes were owner-occupied compared with 68.3% in 2016.

Forbes has 5,191 properties. Over the last 5 years, Houses in Forbes have seen a 68.34% increase in median value, while Units have seen a 61.89% increase. As at 31 October 2024:

  • The median value for Houses in Forbes is $350,805 while the median value for Units is $290,967.
  • Houses have a median rent of $400 while Units have a median rent of $255.
There are currently 88 properties listed for sale, and 15 properties listed for rent in Forbes on OnTheHouse. According to CoreLogic's data, 191 properties were sold in the past 12 months in Forbes.

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