FOR SALE
$540,000 - $550,000

976 Racecourse Road
Balaklava SA 5461

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 36.01ha
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WELCOME TO 976 RACECOURSE ROAD ERITH

Located approx. 10km South of Balaklava is this property that consists of 89 acres or 36.01 hectares (approx.) in the area known as Erith.
There is about 80 acres of arable land that has been used for cropping but hasn't been cropped for the last 4 years including this year.
With this property you will also have 2 large implement sheds, and a raised barn. You may be able to reinvigorate the old pig sty and chicken yards.
For the new owner there will also be the added bonus of farming equipment including an International Header, Disc Plough, Chamberlain Tractor, Cultivator, 28 row combine plus some other beneficial inventory.
Mains water and power are connected increasing your potential for the land.
Zoning is Rural. No dwelling is possible as the minimum amount of land required for a dwelling is 100 hectares or 247 acres. (appx) More details can be obtained from the Wakefield Regional Council - 08 8862 0800.
All information contained herein is gathered from sources deemed to be reliable. However, we cannot guarantee its accuracy and interested persons should seek their own enquiries.

Property Details for 976 Racecourse Rd, Balaklava

Building Type
Rural
Land Size
36.01ha

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About Balaklava 5461

The size of Balaklava is approximately 112.1 square kilometres. It has 10 parks covering nearly 1.2% of total area. The population of Balaklava in 2011 was 1,828 people. By 2016 the population was 2,055 showing a population growth of 12.4% in the area during that time. The predominant age group in Balaklava is 60-69 years. Households in Balaklava are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Balaklava work in a labourer occupation. In 2011, 70% of the homes in Balaklava were owner-occupied compared with 70.8% in 2016.

Balaklava has 1,283 properties. Over the last 5 years, Houses in Balaklava have seen a 95.62% increase in median value, while Units have seen a 55.80% increase. As at 30 November 2024:

  • The median value for Houses in Balaklava is $361,395 while the median value for Units is $236,568.
  • Houses have a median rent of $360.
There are currently 6 properties listed for sale, and 1 property listed for rent in Balaklava on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Balaklava.

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