AREA: 403.8 hectares or 997.81 acres
SITUATION: Gilgai is located only 35km North West of Gunnedah in the Emerald Hill area. Boggabri is just 34km to the North, with Narrabri only 91km away and Tamworth 108km. The area is well regarded for its versatility from a cropping and grazing perspective, being well served by both grain storage facilities as well as livestock markets and feedlots.
COUNTRY: Of the 403 hectares or 997 acres, 303.52 ha or 750 acres is cultivation, with 230 ha or 568 acres planted to Maximus Barley and 45ha or 111.2 acres planted to grazing oats. The balance would be considered grazing/support country. Topography is level to gently sloping, with soil types predominantly red loams with some area of heavy loam and chocolate soils. Timber is predominantly Apple & Whitebox.
WATER: Stock water to the property is supplied by 7 earth dams, as well as a bore currently unequipped. The home is serviced by rainwater which is harvested from the home and sheds.
HOME: Basic yet very comfortable, the home offers three good size bedrooms, wrap around verandah and sunroom, polished timber floors, wood fire and split system air conditioner. The home is currently rented for $400 per week.
IMPROVEMENTS: The property has function, fit for purpose improvements without being overdone. A key feature is the outstanding workshop, with full steel frame, concrete floor and lunchroom/amenities. The shed is fully lockable also. An 340 sqm open hay/machinery shed (approx.), steel cattle yards and 2 silos ensure ease of operation. Fencing is in generally good order with a large percentage of new boundary fencing.
REMARKS: A tidy property, with a versatile mix of country, is presented for genuine and outright sale. Offering a good mix of country whilst not being top heavy on improvements. Call Tim Walsh from Ray White Rural Gunnedah on 0427 256 049 or Riley Gibson from Ray White Rural Tamworth on 0417 441 688 to arrange an inspection.
The size of Emerald Hill is approximately 190.2 square kilometres. The population of Emerald Hill in 2011 was 255 people. By 2016 the population was 123 showing a population decline of 51.8% in the area during that time. The predominant age group in Emerald Hill is 50-59 years. Households in Emerald Hill are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Emerald Hill work in a managers occupation. In 2011, 74.2% of the homes in Emerald Hill were owner-occupied compared with 77.6% in 2016..
Emerald Hill has 102 properties. Over the last 5 years, Houses in Emerald Hill have seen a 26.72% increase in median value. As at 31 October 2024:
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