FOR SALE
E.O.I BY 12/12/2024

Lot/175 Wood Road
Wepar SA 5278

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Bathrooms: -
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Land area: 410ac
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RURAL LAND WITH VERSATILITY

FOR SALE VIA EXPRESSIONS OF INTEREST - Closing December 12, at 2.00pm at the office of SAL Real Estate, 23 Gray Street, MOUNT GAMBIER.
Sections: 175, 176, 177 and 178 Wood Road WEPAR SA
SAL Real Estate has pleasure in offering for sale "Mijido". A superb grazing property in the tightly held area of Wepar in South Australia's Lower Southeast region.
Consisting of approx. 410 acres (165.92ha) fenced into 4 main paddocks with a solar powered bore and good quality water supply.
Additional mains power to the land with an unequipped bore
Approx. 3 to 4 years old "Red River" steel cattle yards with loading ramp, crush and a holding capacity of 150 head.
Consistent fertiliser history, the soil profile lends itself to a variety of uses including vegetable growing, cropping or livestock production.
Several freshwater springs are located on property
Consistently running 200 cows and calves with good boundary fences - 6 plain wire, 2 barbed and electric fencing surrounding the perimeter.
34 acres currently have blue gums planted and are on their second Coppice. The Vendor has indicated harvest of these would be in approx. 5 years.
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Property Details for Lot/175 Wood Rd, Wepar

Building Type
Rural
Land Size
410ac

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About Wepar 5278

The size of Wepar is approximately 73.3 square kilometres. It has 1 park covering nearly 13.6% of total area. The population of Wepar in 2011 was 269 people. By 2016 the population was 29 showing a population decline of 89.2% in the area during that time. The predominant age group in Wepar is 50-59 years. Households in Wepar are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Wepar work in a professional occupation. In 2011, 75.6% of the homes in Wepar were owner-occupied compared with 81.8% in 2016..

Wepar has 51 properties. Over the last 5 years, Houses in Wepar have seen a 105.76% increase in median value. As at 31 October 2024:

  • The median value for Houses in Wepar is $434,509.
There are currently 1 property listed for sale, and no properties listed for rent in Wepar on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Wepar.

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Brenton Leggett
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SAL Real Estate - Mt Gambier
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