1210 Rocky Springs Rd, Coolatai is a bedroom, bathroom House. The property has a land size of 8497750m2. While the property is not currently for sale or for rent, it was last sold in September 2017.
Price has been slashed
Vendors are highly motivated
Undulating to Hilly basalt grazing country, carrying a good body of feed with some areas of light timber remaining. Property is well fenced into 6 paddocks by ringlock and barb fencing and the whole fencing network has been electrified, all fencing is in good order. The country is ideally suited as a breeding property and is estimated to run in excess of 250 breeders in normal seasons. Alternatively the property would suit backgrounding in the summer months. Water is supplied by 2 bores which supply a reticulation system as well as 5 springs 4 of which are permanent. Improvements consist of a 3 brm weatherboard home with a new kitchen and bathroom currently being installed. The home has great views of the surrounding countryside. Other improvements consist of a set of steel cattle yards, large shed suitable for storage and small machinery shed. Property represents good value, low input breeeding country and is well worth inspection.
The size of Coolatai is approximately 491.5 square kilometres. It has 3 parks covering nearly 10.4% of total area. The population of Coolatai in 2011 was 1,712 people. By 2016 the population was 105 showing a population decline of 93.9% in the area during that time. The predominant age group in Coolatai is 70-79 years. Households in Coolatai are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Coolatai work in a managers occupation. In 2011, 71.7% of the homes in Coolatai were owner-occupied compared with 63.8% in 2016..
Coolatai has 137 properties. Over the last 5 years, Houses in Coolatai have seen a 90.53% increase in median value. As at 30 November 2024:
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