$7,950,000. 'Marlow'
. 'Marlow' Koorda WA 6475
Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7328ha
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'Marlow' Koorda *Under Offer*
7320 hectares for sale at Koorda
This is a genuine offering of an established, sustainable, co-joined farming enterprise that has been held for almost 100 years by the same Koorda family but can easily be split into smaller parcels.
The farm is characterised by a range of medium, productive red mallee and salmon gum loams and clay/loams to soft light brown loams and sand loams with large areas of natural stands of original timber and is mostly very open, clean country. It has been farmed using a sustainable, well considered cropping rotation that has included canola, lupins, field peas and a significant pasture phase. Nearly 40% of the property is pasture that will be spray-topped in readiness for the 2025 season.
The production history of the farm shows a very healthy 1.69 tonne per hectare 10-year cereal average yield and 1.89t/ha five-year cereal average yield which represents very good value given the record demand being experienced for broadacre land in Western Australia.
There are nine freshwater dams as well as connection to the government scheme water supply from four separate water meters and there has been a fencing program in place for many years.
Farm building improvements include a modern, steel frame and iron 32m x 18m x 6m machinery storage, numerous general-purpose sheds, built progressively over time, 21m x 5m concreted and powered workshop, approx. 900 tonnes of granular fertiliser/grain storage, two boom-spray fill points, 50,000 litres of on-farm fuel storage, over 400 tonnes of grain silo storage and two modest homesteads.
The Arrow family holding is located about 38 kilometres north of the central Wheatbelt town of Koorda by a sealed road.
The seller's welcome offers on smaller parcels of the property, but will reserve the right to accept any offer conditional on the entire property being sold.
Asking a realistic, $7,950,000.
For further information, or to arrange inspections contact agent Rex Luers 0417 092 567.
Property Details for . 'Marlow', Koorda
Building Type
Rural
Land Size
7328ha
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About Koorda 6475
The size of Koorda is approximately 9.6 square kilometres. It has 5 parks covering nearly 35% of total area. The population of Koorda in 2011 was 272 people. By 2016 the population was 268 showing a population decline of 1.5% in the area during that time. The predominant age group in Koorda is 50-59 years. Households in Koorda are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Koorda work in a managers occupation. In 2011, 71.1% of the homes in Koorda were owner-occupied compared with 60% in 2016.
Koorda has 302 properties. Over the last 5 years, Houses in Koorda have seen a 39.75% increase in median value. As at 31 July 2024:
- The median value for Houses in Koorda is $169,647 while the median value for Units is $321,428.
There are currently 2 properties listed for sale, and no properties listed for rent in Koorda on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Koorda.
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