1292 Lower Middle RoadGanmain NSW 2702
Property Details for 1292 Lower Middle Rd, Ganmain
Last Listing description (November 2023)
LAWD is pleased to present Nugent Park. A highly productive and well-appointed dryland cropping (97* per cent arable) and grazing opportunity situated in the renowned Riverina region of New South Wales.
Key investment highlights include:
Scale
Topography & Soils
The Property features a predominantly level topography of which 362* hectares is considered arable. Soils are predominately red-brown loams, with a strong fertiliser and liming history.
Field Layout
Efficient field layout with very few paddock trees, greatly enhancing the efficiency of operations.
Current Enterprise
The Property has a long history of broad hectare cropping and grazing. Broad hectare cropping rotations comprise mainly of Wheat, Canola and Barley. The Property is equally suited to grazing both sheep and cattle with areas of native perennial pastures and sheltered breeding land.
Water
The Property is securely watered from a number of sources, including a Goldenfields Water connection for spray water and troughs. Additional water is sourced from a total of 11* surface dams. The Property is situated in an average annual rainfall zone of 511* millimetres.
Operational Improvements
Hayshed
Steel sheep yards
Location
Convenient location being 10* kilometres south-west of Ganmain, 25* kilometres west of Coolamon, 50* kilometres north-west of Wagga Wagga and 400* kilometres south-west of Sydney.
For sale by private treaty - $5,307,000
*approximately
Property History for 1292 Lower Middle Rd, Ganmain, NSW 2702
- 15 Oct 2024Sold for $4,878,540
- 27 Nov 2023Listed for Sale $5,307,000
- 25 Sep 2019Sold for $2,934,500
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0About Ganmain 2702
The size of Ganmain is approximately 440.8 square kilometres. It has 4 parks covering nearly 0.4% of total area. The population of Ganmain in 2011 was 614 people. By 2016 the population was 794 showing a population growth of 29.3% in the area during that time. The predominant age group in Ganmain is 60-69 years. Households in Ganmain are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Ganmain work in a managers occupation. In 2011, 81.3% of the homes in Ganmain were owner-occupied compared with 81.8% in 2016.
Ganmain has 689 properties. Over the last 5 years, Houses in Ganmain have seen a 70.20% increase in median value. As at 31 December 2024:
- The median value for Houses in Ganmain is $290,727 while the median value for Units is $646,323.
- Houses have a median rent of $183.
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