232 Fergusons RoadArmatree NSW 2828
Property Details for 232 Fergusons Rd, Armatree
Last Listing description (July 2019)
'Almora' has been developed for straight farming, making it a great starting block for your portfolio or easily managed addition for expansion. The approximately 1252 acres is 98% arable with soft red and chocolate loams with a few gilgais across the property.
Water is supplied by a solar bore pumping into a tank for spraying as well as constantly into a dam in the middle of the property, but has also previously been connected to another concrete tank and trough on the southern side of the property..
'Almora' lends itself to cereal farming or fodder cropping and fattening but could also revert to a ideal grazing proposition with lucerne and improved pastures.
In the tightly held Armatree area that is renowned for its yields and considered to be a relatively safe area with an average rainfall of approximately 565 mm.
'Almora' is available to be sold prior to auction so an inspection can be arranged at short notice.
Property History for 232 Fergusons Rd, Armatree, NSW 2828
- 22 May 2019Sold for $1,550,000
- 15 Apr 2019Listed for Sale Auction
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The size of Armatree is approximately 333 square kilometres. The population of Armatree in 2011 was 284 people. By 2016 the population was 155 showing a population decline of 45.4% in the area during that time. The predominant age group in Armatree is 50-59 years. Households in Armatree are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Armatree work in a managers occupation. In 2011, 76.4% of the homes in Armatree were owner-occupied compared with 79% in 2016..
Armatree has 120 properties. Over the last 5 years, Houses in Armatree have seen a 83.34% increase in median value. As at 31 October 2024:
- The median value for Houses in Armatree is $151,351.
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