OFF MARKET

294 Derrain Road
Ganmain NSW 2702

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3185000m2
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Property Details for 294 Derrain Rd, Ganmain

Building Type
Rural
Land Size
3185000m2
Local Government
Wagga Wagga
Lot/Plan
61/DP750848

Last Listing description (October 2023)

Glengarry is located 20km south of Ganmain, 22km southeast of Matong and 54km northwest of Wagga Wagga in the Eastern Riverina.

The property comprises 318.5 hectares or (787 acres) of flat, open country with red/brown soils and clays along the seasonal watercourses, there are 6 surface water dams fed by intermittent local creeks that hold water in wet years.


There are two titles zoned RU1, primary production and the parcel is rated approximately 88% arable. Glengarry has been run as a cropping enterprise for years growing cereals and oilseeds, and has a sound fertiliser history, with lime applied in the last 3 years. The property lends itself to both grazing and cropping, this year both parcels have been sown to wheat. The crops are not included.

If you are starting out, or looking for additional land Glengarry offers a fertile canvas for you to work with.

Our vendors are genuine, all inspections are by appointment with the agent.

For Sale: $2,300,000

Terms: 10% deposit on the day and balance at settlement 8 December 2023.

Property History for 294 Derrain Rd, Ganmain, NSW 2702

A timeline of how this property has performed in the market
  • 27 Jul 2023
    Listed for Sale $2,300,000

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About 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 682 properties. Over the last 5 years, Houses in Ganmain have seen a 81.28% increase in median value. As at 31 October 2024:

  • The median value for Houses in Ganmain is $284,488 while the median value for Units is $646,323.
  • Houses have a median rent of $183.
There are currently 6 properties listed for sale, and no properties listed for rent in Ganmain on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Ganmain.

Suburb Insights for Ganmain 2702

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.